Ryerson (NYSE: RYI) EVP receives RSU dividend equivalent awards

Rhea-AI Filing Summary

Ryerson Holding Corp executive Mark S. Silver reported receiving additional restricted stock unit-based awards tied to dividends on existing equity grants. On March 19, 2026, he acquired three blocks of restricted stock units representing dividend equivalent rights, each equal to the right to receive one share of common stock.

The dividend equivalents relate to unvested restricted stock units originally granted on March 31, 2023, March 31, 2024, and March 31, 2025. These rights accrue when dividends are paid on the underlying common shares and will vest on the same schedules as the related awards, with vesting dates extending through March 31, 2028.

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^*

Silver Mark S.

(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)
	EVP, Chief Legal/Risk Officer

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		27.793(2)		(3)	(3)	Common Stock	27.793	$0	3,013.15	D
Restricted Stock Units	(1)	03/19/2026		A		54.364(2)		(4)	(4)	Common Stock	54.364	$0	5,893.781	D
Restricted Stock Units	(1)	03/19/2026		A		94.438(2)		(5)	(5)	Common Stock	94.438	$0	10,238.324	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) executive Mark S. Silver report?

Mark S. Silver reported acquiring additional restricted stock unit awards in the form of dividend equivalent rights on March 19, 2026. These awards are tied to previously granted unvested restricted stock units and represent contingent rights to receive common shares in the future.

How many restricted stock unit dividend equivalents did Ryerson (RYI) grant to Mark S. Silver?

The filing shows three separate acquisitions of restricted stock unit dividend equivalents on March 19, 2026. Each restricted stock unit represents a contingent right to receive one share of Ryerson Holding Corporation common stock when the underlying award ultimately vests and settles.

What are dividend equivalent rights on Ryerson (RYI) restricted stock units?

Dividend equivalent rights accrue when and as dividends are paid on common shares underlying unvested restricted stock units. They vest proportionately with, and are subject to settlement and expiration on the same terms as, the related restricted stock unit awards described in the filing.

Which prior Ryerson (RYI) RSU grants generated the new dividend equivalent rights?

The dividend equivalents accrued on restricted stock units originally granted on March 31, 2023, March 31, 2024, and March 31, 2025. They applied to awards that remained outstanding as of March 19, 2026, according to the Form 4 footnotes.

When will Mark S. Silver’s Ryerson (RYI) dividend equivalent rights vest?

Dividend equivalent rights tied to 2023 grants will vest on March 31, 2026. Rights tied to 2024 grants vest on March 31, 2026 and March 31, 2027, while those tied to 2025 grants vest on March 31, 2026, March 31, 2027, and March 31, 2028.

What is Mark S. Silver’s role at Ryerson (RYI) mentioned in the Form 4?

Mark S. Silver is identified as an officer of Ryerson Holding Corp, serving as Executive Vice President and Chief Legal/Risk Officer. The Form 4 records his receipt of additional equity-based compensation through restricted stock unit dividend equivalent rights.