Richard A. Manson - 13 Feb 2026 Form 4 Insider Report for OLYMPIC STEEL INC (ZEUS)

Role
Chief Financial Officer
Signature
/s/ Lisa K. Christen, as Attorney-In-Fact
Issuer symbol
ZEUS
Transactions as of
13 Feb 2026
Net transactions value
$0
Form type
4
Filing time
17 Feb 2026, 12:32:34 UTC
Previous filing
10 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
MANSON RICHARD A Chief Financial Officer C/O OLYMPIC STEEL, INC., 22901 MILL CREEK BLVD., SUITE 650, HIGHLAND HILLS /s/ Lisa K. Christen, as Attorney-In-Fact 17 Feb 2026 0001079653

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEUS Common Stock Disposed to Issuer -17,785 -100% 0 13 Feb 2026 Direct F1
transaction ZEUS Common Stock Disposed to Issuer -3,810 -100% 0 13 Feb 2026 Held by Spouse F1
transaction ZEUS Common Stock Disposed to Issuer -1,565 -100% 0 13 Feb 2026 Held by Personal IRA F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ZEUS Restricted Share Units Disposed to Issuer -14,891 -100% 0 13 Feb 2026 Common Stock 14,891 Direct F2, F3
transaction ZEUS Restricted Share Units Disposed to Issuer -3,000 -100% 0 13 Feb 2026 Common Stock 3,000 Direct F2, F4
transaction ZEUS Restricted Share Units Disposed to Issuer -3,000 -100% 0 13 Feb 2026 Common Stock 3,000 Direct F2, F5
transaction ZEUS Restricted Share Units Disposed to Issuer -4,936 -100% 0 13 Feb 2026 Common Stock 4,936 Direct F2, F6
transaction ZEUS Restricted Share Units Disposed to Issuer -16,503 -100% 0 13 Feb 2026 Common Stock 16,503 Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Richard A. Manson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of pursuant to the Agreement and Plan of Merger ("Merger Agreement"), dated as of October 28, 2025, by and among Olympic Steel, Inc. (the "Company"), Ryerson Holding Corporation ("Parent"), and Crimson MS Corp. At the effective time of the merger, each share of the Company's common stock, without par value ("Company common stock"), that was issued and outstanding immediately prior to the effective time of the merger was converted into the right to receive a number of shares of common stock, $0.01 par value per share, of Parent ("Parent common stock"), multiplied by 1.7105 (rounded down to the nearest whole share), plus a cash payment (rounded down to the nearest cent) in lieu of any fractional shares as determined pursuant to the Merger Agreement.
F2 Each restricted share unit ("RSU") represents the contingent right to receive one share of Company common stock.
F3 These RSUs are fully vested and will generally be settled upon the Reporting Person's separation from service. Pursuant to the Merger Agreement, these RSUs were converted into RSUs with respect to Parent common stock by multiplying the number of shares of Company common stock underlying the award by 1.7105 (rounded down to the nearest whole share).
F4 These RSUs generally vest on December 31, 2026, subject to the Reporting Person's continued employment and will be settled within 90 days following the applicable vesting date. Pursuant to the Merger Agreement, these RSUs were converted into RSUs with respect to Parent common stock by multiplying the number of shares of Company common stock underlying the award by 1.7105 (rounded down to the nearest whole share).
F5 These RSUs generally vest on December 31, 2027, subject to the Reporting Person's continued employment and will be settled within 90 days following the applicable vesting date. Pursuant to the Merger Agreement, these RSUs were converted into RSUs with respect to Parent common stock by multiplying the number of shares of Company common stock underlying the award by 1.7105 (rounded down to the nearest whole share).
F6 These RSUs are fully vested. Pursuant to the Merger Agreement, these RSUs were converted into RSUs with respect to Parent common stock by multiplying the number of shares of Company common stock underlying the award by 1.7105 (rounded down to the nearest whole share) and then cancelled in exchange for a cash payment equal to the number of shares of Parent common stock underlying the award, multiplied by the closing price per share of Parent common stock on February 13, 2026 (less applicable taxes), payable within 30 days of such date.
F7 These RSUs are fully vested and were contributed to and used to fund the Reporting Person's account balance in the Supplemental Executive Retirement Plan ("SERP"). Pursuant to the Merger Agreement, these RSUs were cancelled and converted into a cash amount equal to the number of shares of Company common stock underlying the award, multiplied by 1.7105, and further multiplied by the closing price per share of Parent common stock on February 13, 2026. Such cash amount shall be credited to the Reporting Person's SERP account, and will otherwise remain subject to the payment timing requirements and other terms of the SERP.