Luis Manuel Sierra - Nov 1, 2023 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Role: Director
Signature: /s/ Theresa E. Wagler by Power of Attorney
Stock symbol: STLD
Transactions as of: Nov 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 11/2/2023, 02:30 PM
Previous filing: Oct 17, 2023
Next filing: Jan 17, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STLD	Common Stock	Award	$0	+317	+5.26%	$0.00	6.34K	Nov 1, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Issued as deferred stock units (DSUs) in connection with reporting person's retainer as a director under the Company's 2023 Equity Incentive Plan and exempt from Section 16(b) by virtue of Rule 16b-3(d)(1) and (3). These DSUs are reportable, however, as directly owned shares of common stock, rather than as a derivative security in Table II, becuase any and all underlying DSUs are pyable, at such time as they are to be settled, solely in common stock. See Lincoln National Corp. (March 20,1992) (Q.3).

Content

Issued as deferred stock units (DSUs) in connection with reporting person's retainer as a director under the Company's 2023 Equity Incentive Plan and exempt from Section 16(b) by virtue of Rule 16b-3(d)(1) and (3). These DSUs are reportable, however, as directly owned shares of common stock, rather than as a derivative security in Table II, becuase any and all underlying DSUs are pyable, at such time as they are to be settled, solely in common stock. See Lincoln National Corp. (March 20,1992) (Q.3).