Ryerson (NYSE: RYI) EVP gets stock and RSUs in Olympic Steel merger

Filing Impact

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Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Ryerson Holding Corp EVP Andrew S. Greiff reported equity awards tied to the merger with Olympic Steel, Inc. He acquired 33,975 shares of Ryerson common stock in exchange for 19,863 Olympic Steel shares based on a 1.7105 exchange ratio.

Greiff also acquired several blocks of restricted stock units (RSUs), each representing one future Ryerson share. These include 18,085 and 26,844 RSUs converted from Olympic Steel awards, plus 10,257 RSUs vesting on December 31, 2026 and 10,263 RSUs vesting on December 31, 2027.

In addition, he received a 94,254 RSU one-time sign-on award connected to the merger, which will vest on the third anniversary of the merger’s closing. Vested shares from these RSUs will be delivered according to each award’s terms.

Insider Trade Summary

6 transactions reported

Mixed 6 txns

Insider Greiff Andrew S

Role EVP

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	18,085	$0.00	--
Grant/Award	Restricted Stock Units	26,844	$0.00	--
Grant/Award	Restricted Stock Units	10,257	$0.00	--
Grant/Award	Restricted Stock Units	10,263	$0.00	--
Grant/Award	Restricted Stock Units	94,254	$0.00	--
Grant/Award	Common Stock (par value $0.01 per share)	33,975	$0.00	--

Holdings After Transaction: Restricted Stock Units — 18,085 shares (Direct); Common Stock (par value $0.01 per share) — 33,975 shares (Direct)

Footnotes (1)

The Reporting Person received 33,975 shares of the Issuer's common stock in exchange for 19,863 shares of common stock, without par value, of Olympic Steel, Inc. ("Olympic Steel") in connection with the merger between Olympic Steel and the Issuer (the "Merger") pursuant to the terms of the Agreement and Plan of Merger, dated as of October 28, 2025 (the "Merger Agreement"), by and among the Issuer, Olympic Steel and Crimson MS Corp. In accordance with the Merger Agreement, each share of Olympic Steel's common stock was cancelled and converted into the right to receive 1.7105 shares (the "Exchange Ratio") of the Issuer's common stock, with cash paid in lieu of fractional shares. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer. The restricted stock units have fully vested. Vested shares will be delivered to the reporting person upon separation of service. Pursuant to the Merger Agreement, at the effective time, the reporting person's Olympic Steel restricted stock units were assumed and converted into restricted stock units with respect to a number of shares of the Issuer's common stock (rounded down to the nearest whole share) determined by multiplying (i) the number of shares of Olympic Steel common stock subject to the Olympic Steel restricted stock unit immediately prior to the effective time of the Merger by (ii) the Exchange Ratio. The converted restricted stock units will otherwise be subject to the same terms and conditions as were applicable to the Olympic Steel restricted stock units prior to the effective time of the Merger. The Reporting Person received 18,085 restricted stock units of the Issuer in exchange for restricted stock units with respect to 10,573 shares of Olympic Steel's common stock. The Reporting Person received 26,844 restricted stock units of the Issuer in exchange for restricted stock units with respect to 15,694 shares of Olympic Steel's common stock. The restricted stock units will vest on December 31, 2026. Vested shares will be delivered to the reporting person within 90 days following the vesting date. The Reporting Person received 10,257 restricted stock units of the Issuer in exchange for restricted stock units with respect 5,997 shares of Olympic Steel's common stock. The restricted stock units will vest on December 31, 2027. Vested shares will be delivered to the reporting person within 90 days following the vesting date. The Reporting Person received 10,263 restricted stock units of the Issuer in exchange for restricted stock units with respect to 6,000 shares of Olympic Steel's common stock. The Reporting Person received a one-time sign-on restricted stock unit award in connection with the Merger, which will vest on the third anniversary of the closing date of the Merger. Vested shares will be delivered to the reporting person upon vesting.

Form 4 Insider Transactions: What Each Field Means →

02/13/2026 - 08:06 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Greiff Andrew S

(Last)

(First)

(Middle)

C/O RYERSON HOLDING CORPORATION

227 W. MONROE ST., 27TH FLOOR

(Street)

CHICAGO

60606

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Ryerson Holding Corp [ RYI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock (par value $0.01 per share)	02/13/2026		A		33,975	A	⁽¹⁾	33,975	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽²⁾	02/13/2026		A		18,085		⁽³⁾	⁽³⁾	Common Stock	18,085	⁽⁴⁾⁽⁵⁾	18,085	D
Restricted Stock Units	⁽²⁾	02/13/2026		A		26,844		⁽³⁾	⁽³⁾	Common Stock	26,844	⁽⁴⁾⁽⁶⁾	26,844	D
Restricted Stock Units	⁽²⁾	02/13/2026		A		10,257		⁽⁷⁾	⁽⁷⁾	Common Stock	10,257	⁽⁴⁾⁽⁸⁾	10,257	D
Restricted Stock Units	⁽²⁾	02/13/2026		A		10,263		⁽⁹⁾	⁽⁹⁾	Common Stock	10,263	⁽⁴⁾⁽¹⁰⁾	10,263	D
Restricted Stock Units	⁽²⁾	02/13/2026		A		94,254		⁽¹¹⁾	⁽¹¹⁾	Common Stock	94,254	$0	94,254	D

Explanation of Responses:

1. The Reporting Person received 33,975 shares of the Issuer's common stock in exchange for 19,863 shares of common stock, without par value, of Olympic Steel, Inc. ("Olympic Steel") in connection with the merger between Olympic Steel and the Issuer (the "Merger") pursuant to the terms of the Agreement and Plan of Merger, dated as of October 28, 2025 (the "Merger Agreement"), by and among the Issuer, Olympic Steel and Crimson MS Corp. In accordance with the Merger Agreement, each share of Olympic Steel's common stock was cancelled and converted into the right to receive 1.7105 shares (the "Exchange Ratio") of the Issuer's common stock, with cash paid in lieu of fractional shares.

2. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer.

3. The restricted stock units have fully vested. Vested shares will be delivered to the reporting person upon separation of service.

4. Pursuant to the Merger Agreement, at the effective time, the reporting person's Olympic Steel restricted stock units were assumed and converted into restricted stock units with respect to a number of shares of the Issuer's common stock (rounded down to the nearest whole share) determined by multiplying (i) the number of shares of Olympic Steel common stock subject to the Olympic Steel restricted stock unit immediately prior to the effective time of the Merger by (ii) the Exchange Ratio. The converted restricted stock units will otherwise be subject to the same terms and conditions as were applicable to the Olympic Steel restricted stock units prior to the effective time of the Merger.

5. The Reporting Person received 18,085 restricted stock units of the Issuer in exchange for restricted stock units with respect to 10,573 shares of Olympic Steel's common stock.

6. The Reporting Person received 26,844 restricted stock units of the Issuer in exchange for restricted stock units with respect to 15,694 shares of Olympic Steel's common stock.

7. The restricted stock units will vest on December 31, 2026. Vested shares will be delivered to the reporting person within 90 days following the vesting date.

8. The Reporting Person received 10,257 restricted stock units of the Issuer in exchange for restricted stock units with respect 5,997 shares of Olympic Steel's common stock.

9. The restricted stock units will vest on December 31, 2027. Vested shares will be delivered to the reporting person within 90 days following the vesting date.

10. The Reporting Person received 10,263 restricted stock units of the Issuer in exchange for restricted stock units with respect to 6,000 shares of Olympic Steel's common stock.

11. The Reporting Person received a one-time sign-on restricted stock unit award in connection with the Merger, which will vest on the third anniversary of the closing date of the Merger. Vested shares will be delivered to the reporting person upon vesting.

	/s/ Camilla Rykke Merrick, attorney-in-fact	02/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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Source: View Original Filing on SEC EDGAR

FAQ

What does the Ryerson (RYI) Form 4 for Andrew S. Greiff report?

The Form 4 reports equity awards to EVP Andrew S. Greiff tied to the Olympic Steel merger. He received Ryerson common shares in exchange for Olympic Steel stock and multiple restricted stock unit (RSU) grants and conversions reflecting his new role and prior awards.

How many Ryerson common shares did Andrew S. Greiff receive in the merger?

Andrew S. Greiff received 33,975 Ryerson common shares in the merger. These shares were issued in exchange for 19,863 Olympic Steel shares, using a fixed 1.7105 exchange ratio per Olympic Steel share under the Agreement and Plan of Merger.

What restricted stock units did Andrew S. Greiff receive or convert in the Ryerson (RYI) filing?

Greiff acquired several RSU awards, including 18,085 and 26,844 Ryerson RSUs converted from Olympic Steel awards. He also received new grants of 10,257, 10,263, and 94,254 RSUs, each tied to specific vesting schedules and future share delivery terms.

When do Andrew S. Greiff’s new Ryerson restricted stock units vest?

Certain RSUs vest on December 31, 2026 and December 31, 2027. A 10,257-unit grant vests on December 31, 2026, and a 10,263-unit grant vests on December 31, 2027, with shares delivered within 90 days after each vesting date.

What is the one-time sign-on RSU award disclosed for Ryerson EVP Andrew S. Greiff?

Greiff received a one-time sign-on award of 94,254 Ryerson RSUs. This award is connected to the merger with Olympic Steel and will vest on the third anniversary of the merger’s closing date, with shares delivered upon vesting under the award terms.

What exchange ratio was used to convert Olympic Steel shares into Ryerson stock?

Each Olympic Steel share was converted into the right to receive 1.7105 Ryerson shares. Under the merger agreement, Olympic Steel common shares were cancelled and exchanged at this fixed exchange ratio, with cash paid in lieu of any fractional Ryerson shares.

What is Andrew S. Greiff’s role at Ryerson Holding Corp according to this filing?

The filing identifies Andrew S. Greiff as an officer of Ryerson with the title EVP. The reported stock and RSU awards reflect compensation and conversion of prior Olympic Steel equity in connection with his executive position after the merger.