David B. Burritt - Dec 18, 2023 Form 4 Insider Report for UNITED STATES STEEL CORP (X)

Signature
/s/ Megan Bombick, By Power of Attorney from David B. Burritt
Stock symbol
X
Transactions as of
Dec 18, 2023
Transactions value $
-$12,626,182
Form type
4
Date filed
12/20/2023, 05:20 PM
Previous filing
Oct 3, 2023
Next filing
Dec 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction X United States Steel Corporation Common Stock Sale -$12.6M -252K -30.27% $50.01 582K Dec 18, 2023 Direct F1
holding X United States Steel Corporation Common Stock 290K Dec 18, 2023 By Trust
holding X United States Steel Corporation Common Stock 11.4K Dec 18, 2023 By 401(k) plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price in this column is a weighted average price. The prices actually received ranged from $49.87 to $50.17. The reporting person has provided the issuer with the number of shares sold at each price within the range.