Ryerson (NYSE: RYI) CFO awarded new dividend-equivalent stock units

Rhea-AI Filing Summary

Ryerson Holding Corp Executive Vice President & CFO James J. Claussen reported compensation-related equity awards in the form of restricted stock units tied to prior grants. On March 19, 2026, he acquired 38.913, 76.106, and 125.918 restricted stock units as dividend equivalent rights on earlier awards.

Each restricted stock unit represents a contingent right to receive one share of Ryerson common stock. The dividend equivalent rights vest on the same schedules as the underlying restricted stock units granted in 2023, 2024, and 2025, with vesting dates on March 31, 2026, March 31, 2027, and March 31, 2028. Following these transactions, Claussen directly holds 13,651.098 restricted stock units.

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

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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^*

Claussen James J

(Last) (First) (Middle)

C/O RYERSON HOLDING CORPORATION

227 W. MONROE ST., 27TH FLOOR

(Street)

CHICAGO ILLINOIS 60606

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President & CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/19/2026		A		38.913(2)		(3)	(3)	Common Stock	38.913	$0.00	4,218.615	D
Restricted Stock Units	(1)	03/19/2026		A		76.106(2)		(4)	(4)	Common Stock	76.106	$0	8,250.881	D
Restricted Stock Units	(1)	03/19/2026		A		125.918(2)		(5)	(5)	Common Stock	125.918	$0	13,651.098	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of common stock of Ryerson Holding Corporation (the "Company").

2. 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.

3. The dividend equivalent rights accrued on restricted stock units that were granted on March 31, 2023 and outstanding as of March 19, 2026. These unvested restricted stock units, and the dividend equivalent rights related to such unvested restricted stock units, will vest on March 31, 2026.

4. The dividend equivalent rights accrued on restricted stock units that were granted on March 31, 2024 and outstanding as of March 19, 2026. 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.

5. The dividend equivalent rights accrued on restricted stock units that were granted on March 31, 2025 and outstanding as of March 19, 2026. 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.

	/s/ Camilla Rykke Merrick, attorney-in-fact	03/23/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Ryerson (RYI) disclose for CFO James J. Claussen?

Ryerson reported that CFO James J. Claussen received additional restricted stock units as compensation-related awards. On March 19, 2026, he acquired three blocks of dividend equivalent restricted stock units linked to prior grants, rather than buying shares on the open market.

How many restricted stock units did the Ryerson (RYI) CFO receive in this Form 4?

The CFO received three separate restricted stock unit awards: 38.913, 76.106, and 125.918 units. These represent dividend equivalent rights accruing on existing restricted stock unit grants and mirror cash dividends paid on Ryerson’s common stock over time.

What do the Ryerson (RYI) dividend equivalent restricted stock units represent?

Each unit represents a contingent right to receive one share of Ryerson common stock. The dividend equivalent rights accrue when dividends are paid on the underlying shares and vest, settle, and expire on the same terms as the related restricted stock unit awards.

When will the Ryerson (RYI) CFO’s new restricted stock units vest?

The dividend equivalent restricted stock units vest on the same schedule as their underlying grants. Awards tied to 2023 grants vest on March 31, 2026, while those tied to 2024 and 2025 grants vest on March 31, 2026, March 31, 2027, and March 31, 2028.

How many restricted stock units does the Ryerson (RYI) CFO hold after these transactions?

After these compensation-related awards, CFO James J. Claussen directly holds 13,651.098 restricted stock units. These units each correspond to one potential share of common stock, subject to future vesting and settlement under the company’s equity incentive arrangements.

Were any Ryerson (RYI) shares bought or sold on the open market in this Form 4?

No open-market purchases or sales were reported. All three transactions use code A, indicating grants or awards. They are dividend equivalent restricted stock unit awards tied to previously granted restricted stock units, not discretionary market trades.