Every Form 4 that Cleveland-Cliffs Inc. (CLF) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow CLF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CLF filings page.
CRONIN JANE M. reported acquisition or exercise transactions in this Form 4 filing.
CLEVELAND-CLIFFS INC. director Jane M. Cronin received a grant of 4,246 Common Shares valued at $9.42 per share. These shares were issued as payment of her third-quarter board retainer, following her election to receive 100% of this compensation in stock instead of cash. After the award, she directly holds 78,356 Common Shares.
Bloom Ron A. reported acquisition or exercise transactions in this Form 4 filing.
CLEVELAND-CLIFFS INC. director Ron A. Bloom received a grant of 4,246 common shares as part of his board compensation. The shares were issued at a value of $9.42 per share in payment of his quarterly retainer for the third quarter under the Nonemployee Director Retainer Share Election Program, which he elected at 100% in shares instead of cash. Following this grant, he directly holds 127,354 common shares.
CLEVELAND-CLIFFS INC. Executive Vice President and CFO Celso L. Goncalves Jr. reported an open-market sale of 214,308 common shares of the company. The shares were sold at a weighted average price of $13.4136 per share, in multiple trades between $13.355 and $13.48. Following this transaction, he directly holds 184,541.613 common shares.
Yocum Arlene M reported acquisition or exercise transactions in this Form 4 filing.
Cleveland-Cliffs Inc. director Arlene M. Yocum received a grant of 15,334 restricted common shares as her 2026 Director Restricted Shares under the 2021 Nonemployee Directors' Compensation Plan. The shares were awarded at no cash cost on April 21, 2026 and are held directly.
Following this equity award, she now directly owns a total of 136,467 common shares of Cleveland-Cliffs, reflecting ongoing stock-based compensation rather than an open-market purchase or sale.
Oren Ben reported acquisition or exercise transactions in this Form 4 filing.
CLEVELAND-CLIFFS INC. director Oren Ben received a grant of 15,334 restricted common shares as a compensation award. The shares were granted at no cash cost to him as part of the company’s 2026 Director Restricted Shares under the 2021 Nonemployee Directors' Compensation Plan.
After this award, Ben directly holds 48,068 common shares. This is a routine equity compensation grant to a nonemployee director rather than an open-market purchase or sale.
MICHAEL RALPH S III reported acquisition or exercise transactions in this Form 4 filing.
CLEVELAND-CLIFFS INC. director Michael Ralph S III received a grant of 15,334 restricted common shares as part of his 2026 director compensation under the 2021 Nonemployee Directors' Compensation Plan. Following this award, he directly holds a total of 233,420 common shares of the company.
CRONIN JANE M. reported acquisition or exercise transactions in this Form 4 filing.
CLEVELAND-CLIFFS INC. director Jane M. Cronin received an equity compensation grant of 15,334 Common Shares on 2026-04-21 at no cash cost per share. The award consists of restricted shares designated as the 2026 Director Restricted Shares under the 2021 Nonemployee Directors' Compensation Plan, bringing her direct holdings to 74,110 Common Shares.
Camara Edilson reported acquisition or exercise transactions in this Form 4 filing.
CLEVELAND-CLIFFS INC. director Edilson Camara received a grant of restricted stock as part of his board compensation. On April 21, 2026, he was awarded 15,334 Common Shares at no cash cost under the 2021 Nonemployee Directors' Compensation Plan, designated as the 2026 Director Restricted Shares. Following this award, he directly holds 57,317 Common Shares. This is a routine equity compensation grant rather than an open-market purchase or sale.
Bloom Ron A. reported acquisition or exercise transactions in this Form 4 filing.
CLEVELAND-CLIFFS INC. director Ron A. Bloom received a grant of 15,334 restricted common shares as part of his 2026 director compensation. The shares were awarded at no cash cost to him and were issued under the company’s 2021 Nonemployee Directors' Compensation Plan. Following this award, he directly holds 123,108 common shares.
BALDWIN JOHN T reported acquisition or exercise transactions in this Form 4 filing.
CLEVELAND-CLIFFS INC. director John T. Baldwin received a grant of 15,334 Deferred Shares on April 21, 2026 as a compensation-related award. Each Deferred Share is economically equivalent to one common share and will be paid in common stock according to his deferral election and the 2021 Nonemployee Directors' Compensation Plan. After this grant, he holds a total of 101,229.954 Deferred Shares directly.
CLEVELAND-CLIFFS INC. director Gabriel Stoliar reported share-based compensation and related tax withholding. He received 2,418 Common Shares at $8.27 per share as his quarterly board retainer, electing to take 50% of this retainer in shares instead of cash.
To cover tax obligations tied to this grant, 725 shares were surrendered, leaving him with a net increase in holdings. After these transactions, Stoliar holds 258,992 Common Shares directly and 29,361 Common Shares indirectly through a personal company. These are routine compensation and tax-withholding entries, not open‑market trades.
CRONIN JANE M. reported acquisition or exercise transactions in this Form 4 filing.
Cleveland-Cliffs Inc. director Jane M. Cronin received a grant of 4,534 Common Shares, valued at $8.27 per share, as part of her compensation. These shares were issued in payment of her second-quarter quarterly retainer, taken entirely in stock instead of cash under the company’s Nonemployee Director Retainer Share Election Program. Following this award, she directly holds 58,776 Common Shares.
Bloom Ron A. reported acquisition or exercise transactions in this Form 4 filing.
CLEVELAND-CLIFFS INC. director Ron A. Bloom received 4,837 common shares as a stock-based quarterly retainer. The shares, valued at $8.27 each, were issued under the company’s Nonemployee Director Retainer Share Election Program, reflecting his choice to take 100% of his second-quarter retainer in stock instead of cash. Following this grant, he directly holds 107,774 common shares.
Floriani Kimberly A reported acquisition or exercise transactions in this Form 4 filing.
CLEVELAND-CLIFFS INC. reported that executive Kimberly A. Floriani, SVP, Controller & CAO, received equity-based awards. She was granted 29,573 restricted stock units, each representing a cash value tied to the company’s share price, generally vesting on the third anniversary of the February 18, 2026 grant date.
She was also granted 29,573 target market stock units, each representing a contingent right to receive one common share. The number of market stock units ultimately earned can range from 50% to 150% of target, based on stock price performance over a three-year period starting February 18, 2026.
Graham James D reported acquisition or exercise transactions in this Form 4 filing.
CLEVELAND-CLIFFS INC. executive James D. Graham, EVP Chief Legal Admin & Sec, reported awards of restricted and performance-based stock units. He received 141,991 restricted stock units that track the value of Cleveland-Cliffs common shares in cash and generally vest on the third anniversary of the February 18, 2026 grant date.
He also received 141,991 target market stock units, each representing a contingent right to receive one common share. These target units can be earned from 50% to 150% of the target amount based on stock price performance over a three-year period starting February 18, 2026, subject to the award’s other terms.
Goncalves Celso L Jr reported acquisition or exercise transactions in this Form 4 filing.
CLEVELAND-CLIFFS INC. executive vice president and CFO Celso L. Goncalves Jr reported equity awards on a Form 4. He received 188,531 restricted stock units, each representing a contingent right to receive a cash value tied to the price of Cleveland-Cliffs common shares. These restricted stock units generally vest on the third anniversary of the grant date of February 18, 2026, subject to the award’s other terms. He was also granted 188,531 target market stock units, each representing a contingent right to receive one Cleveland-Cliffs common share, which can be earned from 50% to 150% of target based on stock price performance over a three-year period starting February 18, 2026.
Koci Keith reported acquisition or exercise transactions in this Form 4 filing.
Cleveland-Cliffs Inc. executive Keith Koci, EVP & President, CC Services, reported the grant of equity-based awards. On February 18, 2026, he received 163,791 restricted stock units, each representing a right to a cash amount linked to the company’s share price. These restricted stock units generally vest on the third anniversary of the grant date, subject to award terms.
On the same date, he was also granted 163,791 target market stock units, each representing a contingent right to receive one Cleveland-Cliffs common share. The number of shares ultimately earned can range from 50% to 150% of the target based on stock price performance over a three-year period starting February 18, 2026, and other award conditions.
Smith Clifford T reported acquisition or exercise transactions in this Form 4 filing.
CLEVELAND-CLIFFS INC. executive Clifford T. Smith, EVP & Chief Operating Officer, reported awards of derivative equity-based compensation. He received 198,128 Restricted Stock Units, each representing a contingent right to cash based on the price of Cleveland-Cliffs common shares, generally vesting on the third anniversary of the February 18, 2026 grant date.
He also received 198,128 target Market Stock Units, each representing a contingent right to receive one Cleveland-Cliffs common share. These market stock units can be earned from 50% to 150% of target based on the company’s stock price performance over a three-year performance period starting February 18, 2026.
GONCALVES LOURENCO reported acquisition or exercise transactions in this Form 4 filing.
Cleveland-Cliffs Inc. reported that Chairman, President & CEO Lourenco Goncalves received new equity-based awards. He was granted 650,900 restricted stock units and 650,900 target market stock units on February 18, 2026, both at a stated price of $0.00 per unit as part of compensation.
The restricted stock units are cash-settled awards that generally vest on the third anniversary of the February 18, 2026 grant date, subject to award terms. Each target market stock unit represents a contingent right to receive one common share, with 50% to 150% of the target amount potentially earned based on stock price performance over a three-year period starting February 18, 2026.
CLEVELAND-CLIFFS INC. executive vice president and chief operating officer Clifford T. Smith reported an open-market sale of 200,000 Common Shares on February 17, 2026 at a weighted average price of $10.4604 per share. The sale occurred through multiple transactions at prices ranging from $10.10 to $10.67.
After this sale, Smith directly owned 560,529 Common Shares. He also reported indirect ownership of 100,106 Common Shares held by a grantor retained annuity trust. The filing notes that detailed trade-by-trade pricing within the reported range is available upon request.
Cleveland-Cliffs Inc. director Edilson Camara bought 19,700 common shares in an open-market transaction. The purchase took place on February 13, 2026 at a weighted average price of $10.1333 per share, with individual trade prices ranging from $10.12 to $10.14.
Following this transaction, Camara directly owns 41,983 Cleveland-Cliffs common shares. The filing notes that detailed trade-by-trade pricing within the reported range is available upon request to the company, its shareholders, or the SEC staff.
Cleveland-Cliffs Inc. reported an insider-related sale of 3,000,000 common shares executed on February 11, 2026 by a 2025 grantor retained annuity trust associated with Chairman, President & CEO Lourenco Goncalves. The shares were sold in open-market transactions at a weighted average price of $12.4191 per share, with individual trade prices ranging from $12.20 to $12.96. Following the transaction, Goncalves is reported as directly beneficially owning 3,015,486 common shares.
Cleveland-Cliffs Inc. reported an insider share transaction by senior executive Kimberly A. Floriani, SVP, Controller & CAO. On January 5, 2026, Floriani surrendered 3,182 common shares at a price of $13.20 per share. According to the filing, this was a mandatory surrender of shares underlying restricted share units to cover the related tax liability incurred when those restricted share units paid out on that date, rather than a discretionary open-market sale. After this tax-related transaction, Floriani beneficially owned 68,852 common shares directly.
Cleveland-Cliffs executive reports tax-related share surrender
CLEVELAND-CLIFFS INC. executive Terry G. Fedor, EVP, Engineering & Technology, reported a Form 4 transaction dated January 5, 2026. He surrendered 6,922 common shares at $13.20 per share, classified as code F, which the filing explains was a mandatory surrender of shares underlying restricted share units to pay the related tax liability when those units paid out.
After this tax withholding event and a reconciliation adjustment, Fedor now beneficially owns 567,255 common shares of Cleveland-Cliffs directly. The transaction reflects tax handling of equity compensation rather than an open‑market sale.
Cleveland-Cliffs Inc. executive James D. Graham, EVP Chief Legal Admin & Sec, reported a Form 4 transaction involving company common shares. On January 5, 2026, he surrendered 13,991 common shares at $13.2 per share. The filing explains this was a mandatory surrender of shares underlying restricted share units to pay the related tax liability incurred in connection with the payout of those units. After this transaction, Graham beneficially owns 478,257.792 common shares directly.
Cleveland-Cliffs Inc. executive vice president and chief financial officer Celso L. Jr Goncalves reported a routine share withholding related to equity compensation. On January 5, 2026, he surrendered 18,775 common shares at $13.20 per share to cover tax obligations arising from the payout of restricted share units. After this transaction, he directly held 398,849.613 common shares of Cleveland-Cliffs.
Cleveland-Cliffs Inc. executive Keith Koci, EVP & President, CC Services, reported an automatic share disposition related to equity compensation. On January 5, 2026, 15,947 common shares were surrendered at $13.20 per share to cover taxes due on the payout of restricted share units. This was coded as a tax-related transaction (code F), not an open-market sale. After this withholding, Koci directly beneficially owns 527,528 common shares of Cleveland-Cliffs.
Cleveland-Cliffs Inc. executive Clifford T. Smith, EVP & Chief Operating Officer, reported a Form 4 transaction involving company common shares. On January 5, 2026, he surrendered 19,140 common shares at $13.20 per share, which the footnotes explain was a mandatory share surrender to cover taxes due on the payout of restricted share units. After this transaction, he beneficially owned 760,529 common shares directly and 100,106 common shares indirectly through a grantor retained annuity trust.
Cleveland-Cliffs Inc.’s Chairman, President & CEO Lourenco Goncalves reported an automatic share withholding tied to equity compensation. On January 5, 2026, he surrendered 84,229 common shares at $13.20 per share to cover taxes due on the payout of restricted share units. After this tax-related transaction, he directly held 3,015,486 common shares.
The filing also shows changes in how his indirect holdings are structured. Prior indirect positions through 2023 and 2024 grantor retained annuity trusts now show 0 shares, while a 2025 grantor retained annuity trust holds 3,000,000 common shares. These trust-related updates are described as exempt changes in the form of beneficial ownership and an exempt contribution of shares.
Cleveland-Cliffs Inc. director reported routine equity-based compensation activity. On 01/02/2026, the director received 1,506 common shares at $13.28 per share as payment of the quarterly board retainer, under an election to take 50% of the retainer in stock through the company’s Nonemployee Director Retainer Share Election Program. On the same date, the director surrendered 452 shares at $13.28 per share to cover tax liabilities related to this award. Following these transactions, the director beneficially owns 257,299 common shares directly and 29,361 common shares indirectly through a personal company.
Cleveland-Cliffs Inc. director reports stock retainer grant
A Cleveland-Cliffs Inc. director reported receiving 3,012 common shares on 01/02/2026. These shares were issued in lieu of cash as payment of the director’s quarterly retainer for the first quarter, based on the director’s election to participate at 100% in the company’s Nonemployee Director Retainer Share Election Program. The shares were valued at $13.28 per share for this transaction.
After this grant, the director beneficially owns 54,242 common shares in direct ownership. The filing is an administrative disclosure of routine equity-based director compensation rather than an open-market trade.
Cleveland-Cliffs Inc. director reported receiving common shares as part of board compensation. On 01/02/2026, the director acquired 3,012 common shares at $13.28 per share. These shares were issued as payment of the director’s quarterly retainer for the first quarter, based on the director’s election to receive compensation in stock under the Cleveland-Cliffs Inc. Nonemployee Director Retainer Share Election Program at a 100% participation level. Following this transaction, the director beneficially owns 102,937 common shares, held directly.
Cleveland-Cliffs (CLF) reported an insider equity award. A company director acquired 5,633 common shares on 11/12/2025 at $0, coded “A” for an acquisition. The filing states these are restricted shares granted on a pro rata basis as the 2025 Director Restricted Shares under the 2021 Nonemployee Directors' Compensation Plan.
Following the grant, the reporting person beneficially owns 22,283 shares, held directly. This is a routine compensation-related Form 4 disclosure.