Ryerson (RYI) director gains stock and RSUs through Olympic Steel merger conversion

Rhea-AI Filing Summary

Ryerson Holding Corp director Richard P. Stovsky reported acquiring equity in the company in connection with the merger with Olympic Steel. On February 13, 2026, he acquired 17,499 shares of Ryerson common stock directly, recorded at a price of $0.00 per share.

According to the merger terms, 7,301 Olympic Steel shares were converted into 12,488 Ryerson shares using a 1.7105 exchange ratio, and 5,011 Ryerson shares were issued for vested Olympic Steel restricted stock. Stovsky also acquired three grants of fully vested restricted stock units covering 5,873, 4,435, and 2,784 shares of Ryerson common stock, which will be delivered upon his separation of service.

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^*

Stovsky Richard P

(Last) (First) (Middle)

C/O RYERSON HOLDING CORPORATION

227 W. MONROE ST., 27TH FLOOR

(Street)

CHICAGO IL 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)

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock (par value $0.01 per share)	02/13/2026		A		17,499	A	(1)(2)	17,499	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(3)	02/13/2026		A		5,873		(4)	(4)	Common Stock	5,873	(5)(6)	5,873	D
Restricted Stock Units	(3)	02/13/2026		A		4,435		(4)	(4)	Common Stock	4,435	(5)(7)	4,435	D
Restricted Stock Units	(3)	02/13/2026		A		2,784		(4)	(4)	Common Stock	2,784	(5)(8)	2,784	D

Explanation of Responses:

1. The Reporting Person received 12,488 shares of the Issuer's common stock in exchange for 7,301 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. The Reporting Person received 5,011 shares of the Issuer's common stock in exchange for restricted stock awards with respect to 2,930 shares of Olympic Steel's common stock, in connection with the Merger pursuant to the terms of the Merger Agreement. Pursuant to the Merger Agreement, at the effective time, the reporting person's Olympic Steel restricted stock awards vested and converted into 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 award prior to the effective time of the Merger by (ii) the Exchange Ratio.

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

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

5. 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.

6. The Reporting Person received 5,873 restricted stock units of the Issuer in exchange for restricted stock units with respect to 3,434 shares of Olympic Steel's common stock.

7. The Reporting Person received 4,435 restricted stock units of the Issuer in exchange for restricted stock units with respect to 2,593 shares of Olympic Steel's common stock.

8. The Reporting Person received 2,784 restricted stock units of the Issuer in exchange for restricted stock units with respect to 1,628 shares of Olympic Steel's common stock.

	/s/ Camilla Rykke Merrick, attorney-in-fact	02/13/2026
	** Signature of Reporting Person	Date
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