Welcome to our dedicated page for CLEVELAND-CLIFFS SEC filings (Ticker: CLF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Cleveland-Cliffs Inc. filings document results of operations and financial condition for a vertically integrated steelmaker with a Steelmaking reportable segment. Form 8-K reports furnish quarterly and annual earnings releases, steel shipment information, revenues, liquidity, product-sales mix and exhibits formatted with Inline XBRL cover-page data.
The company’s formal disclosures also cover proxy governance, board composition, committee assignments and director compensation under its nonemployee director plan. Other filings record material agreements and capital-structure activity, including underwriting documents, shelf-registration exhibits, senior guaranteed notes, indenture supplements, guarantor arrangements and related legal opinions.
Cleveland-Cliffs reported higher revenue but remained unprofitable in the first quarter of 2026. Revenues rose 6% to $4.922 billion, driven by higher steel prices, improved sales mix and stronger scrap revenue. Average selling price for steel products increased to $1,048 per net ton.
Operating loss narrowed to $213 million from $543 million, and net loss to $229 million versus $486 million a year earlier, with GAAP EPS at a loss of $0.42 per share. Steelmaking Adjusted EBITDA improved to $95 million from a negative $179 million as gross margin improved to a loss of 2% from 9%.
Cash used in operating activities was $325 million, mainly from higher receivables as pricing rose. Capital expenditures were $152 million. Long‑term debt increased to $7.763 billion, largely from higher ABL borrowings, while cash and cash equivalents stood at $45 million and available ABL borrowing capacity at $3.096 billion.
Cleveland-Cliffs Inc. reported first-quarter 2026 results showing higher sales but a continued loss. Revenue rose to $4.9 billion, up from $4.6 billion a year earlier and $4.3 billion in the fourth quarter of 2025, on steel shipments of 4.1 million net tons.
The company posted a GAAP net loss of $229 million, or $0.42 per diluted share, a substantial improvement from a $486 million loss a year ago. Adjusted EBITDA was $95 million, including an $80 million one-time energy cost impact, and liquidity stood at $3.1 billion as of March 31, 2026. Full-year 2026 guidance was maintained, including steel shipments of about 16.5–17.0 million net tons and capital expenditures of about $700 million.
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.
Cleveland-Cliffs is asking shareholders to vote at its virtual 2026 Annual Meeting on May 14, 2026 to elect eight directors, approve executive pay on an advisory basis and ratify Deloitte & Touche as auditor. The company highlights 2025 as a restructuring year, exiting non-core assets, extending debt maturities and reducing capital spending to strengthen its balance sheet ahead of an improving steel market supported by Section 232 tariffs and lower imports. Management stresses a shift toward higher-margin flat-rolled products and multi-year contracts with all major auto OEMs, plus a technology that lets automakers substitute aluminum with Cleveland-Cliffs steel using existing tooling. Sustainability priorities include safety, with a 2025 Total Recordable Incident Rate of 0.8, and decarbonization projects backed by up to $575 million in potential U.S. Department of Energy funding. The proxy also details governance practices, board structure and 2025 compensation, including $18.4 million in total compensation for CEO Lourenco Goncalves.
The Vanguard Group filed Amendment No. 16 to a SCHEDULE 13G/A reporting it beneficially owns 0 shares of Cleveland-Cliffs Inc common stock, representing 0% of the class. The filing explains an internal realignment effective January 12, 2026 that caused certain Vanguard subsidiaries or business divisions to report separately.
The submission is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026.
Cleveland-Cliffs Inc. reported that Douglas C. Taylor, the Lead Director of its Board, submitted his resignation as a director on February 19, 2026, conditional on Board acceptance. His decision was stated not to involve any disagreement with the company’s operations, policies or practices and followed corporate governance guidelines requiring directors to resign after certain changes in primary occupation or business affiliation.
On February 22, 2026, the Board, following a recommendation from its Governance and Nominating Committee, accepted Mr. Taylor’s resignation effective immediately. To replace his leadership roles, the Board appointed Ralph S. Michael, III as Lead Director and Edilson T. Camara as Chairman of the Compensation and Organization Committee.
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.