Luis Manuel Sierra - 23 Feb 2024 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Role: Director
Signature: /s/ Theresa E. Wagler by Power of Attorney
Issuer symbol: STLD
Transactions as of: 23 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 26 Feb 2024, 14:32:23 UTC
Previous filing: 17 Jan 2024
Next filing: 15 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STLD	Common Stock	Award	$0	+271	+4.3%	$0.000000	6,629	23 Feb 2024	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).