Barry Schneider - Feb 22, 2024 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Signature
/s/ Barry Schneider
Stock symbol
STLD
Transactions as of
Feb 22, 2024
Transactions value $
-$293,012
Form type
4
Date filed
2/26/2024, 02:32 PM
Previous filing
Dec 5, 2023
Next filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STLD Common Stock Award $0 +9.12K +5.01% $0.00 191K Feb 22, 2024 Direct F1
transaction STLD Common Stock Tax liability -$209K -1.65K -0.86% $127.01 190K Feb 24, 2024 Direct F2
transaction STLD Common Stock Tax liability -$84K -661 -0.35% $127.01 189K Feb 25, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grant of restricted stock units equal to the same number of underlying shares, received as an award under the Issuer's equity incentive plan, for no consideration, and exempt from Section 16(b) by virtue of Rule 16b-3(d)(1) and (3). The restricted units vest over a four year period as follows: 1/3 on 2/22/2026, 1/3 on 2/22/2027 and the final 1/3 on 2/22/2028, following which settlement is to be made solely in the same number of shares of the Issuer's common stock shown in Column 4.
F2 Represents disposition to issuer to cover taxes payable upon vesting of previously issued and reported restricted stock units, exempt pursuant to Rule 16b-3.