RYI insider filing shows RSU dividend equivalents and vesting schedule
Rhea-AI Filing Summary
Ryerson Holding Corp (RYI) Form 4 discloses that Sundarrajan Alagu, Chief Information Officer and reporting person, received additional restricted stock units (RSUs) and accrued dividend equivalent rights on 09/18/2025. The filing shows three grants of RSUs that reflect dividend equivalents of 16.613, 32.496, and 53.758 units, which correspond to underlying common stock amounts of 2,074.819, 4,058.497, and 6,713.948 shares respectively, all with $0 price. The filing explains vesting schedules: awards from 2023 vest on 03/31/2026, 2024 awards vest on 03/31/2026 and 03/31/2027, and 2025 awards vest on 03/31/2026, 03/31/2027 and 03/31/2028. The Form 4 was signed by attorney-in-fact on 09/22/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider equity accruals recorded for CIO; not an open-market purchase or sale.
The filing documents dividend equivalent rights credited to previously granted restricted stock units and additional RSU accruals for the Chief Information Officer on 09/18/2025. These entries reflect compensation-related equity accruals with scheduled vesting dates through 2028 and no cash purchase price, indicating administrative settlement of compensation rather than a market transaction. For investors, this is a disclosure of insider compensation and potential future dilution when the units settle into common shares.
TL;DR: Disclosure aligns with typical executive equity compensation reporting; vesting timelines are specified.
The Form 4 clarifies the nature of the reported units as restricted stock units with dividend equivalent rights that vest on specified future dates. The report is consistent with Section 16 reporting requirements and includes an attorney-in-fact signature. It does not show voluntary open-market insider trading or exercised options, but it notifies stakeholders of future equity issuance tied to compensation plans.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 16.613 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 32.496 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 53.758 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock of Ryerson Holding Corporation (the "Company"). Represents dividend equivalent rights that accrued on the underlying award of restricted stock units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units to which they relate. The dividend equivalent rights accrued on restricted stock units that were granted on March 31, 2023 and outstanding as of September 18, 2025. These unvested restricted stock units, and the dividend equivalent rights related to such unvested restricted stock units, will vest on March 31, 2026. The dividend equivalent rights accrued on restricted stock units that were granted on March 31, 2024 and outstanding as of September 18, 2025. These unvested restricted stock units, and the dividend equivalent rights related to such unvested restricted stock units, will vest on March 31, 2026 and March 31, 2027. The dividend equivalent rights accrued on restricted stock units that were granted on March 31, 2025 and outstanding as of September 18, 2025. These unvested restricted stock units, and the dividend equivalent rights related to such unvested restricted stock units, will vest on March 31, 2026, March 31, 2027 and March 31, 2028.
