RYI Insider Transaction: Director Awarded 334 Shares at $0 Grant Price

Rhea-AI Filing Summary

Form 4 snapshot: Ryerson Holding Corporation (ticker RYI) disclosed that director Bruce T. Crawford acquired 334 shares of Ryerson common stock on 30 Jun 2025. The shares were granted at a stated price of $0 under the company’s Director Compensation Program and vested in full on the grant date.

After the transaction, Crawford directly owns 334 shares; no indirect holdings or derivative securities were reported. The filing indicates an “A” (Acquired) transaction code and contains no sales, option exercises, or derivative activity. Because the grant is part of routine board compensation and involves a modest number of shares, the event is not expected to materially affect Ryerson’s share count, liquidity, or insider-ownership profile. Nonetheless, the additional equity modestly aligns the director’s economic interests with common shareholders.

Positive

• Director share acquisition increases insider alignment, albeit modestly.

Negative

• Immaterial size of 334 shares limits any signaling value for investors.

Insights

Corporate Governance Expert

TL;DR: Routine equity retainer; minor alignment benefit, immaterial market impact.

The Form 4 documents a standard equity grant issued to a non-executive director. Grants made at no cost and vesting immediately are typical of board compensation structures aimed at strengthening fiduciary alignment. With only 334 shares awarded, the dollar value is modest and does not materially increase insider ownership concentration or raise governance concerns. No red flags—such as accelerated vesting, option repricing, or related-party dealings—appear in the filing. From a governance perspective, the transaction is neutral but directionally positive because it marginally links director wealth to shareholder value without creating dilution pressure.

Portfolio Manager

TL;DR: De minimis insider purchase; unlikely to influence trading strategy.

The acquisition involves fewer than 400 shares and is compensation-driven rather than a discretionary open-market buy. Such transactions rarely signal management sentiment or impending operational developments. Given the minimal size, I view the filing as non-impactful for portfolio allocation decisions. There is no information about performance metrics, earnings outlook, or capital structure changes. Accordingly, the position remains neutral in my model.

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
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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^*

Crawford Bruce T

(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)
06/30/2025

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)	06/30/2025		A		334(1)	A	$0	334	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

Explanation of Responses:

1. Reflects compensation in the form of equity received pursuant to Ryerson's Director Compensation Program. The award vested in full on the grant date.

	/s/ Camilla Rykke Merrick, attorney-in-fact	07/02/2025
	** 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).
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FAQ

How many Ryerson (RYI) shares did director Bruce Crawford acquire?

The Form 4 shows an acquisition of 334 common shares.

What was the transaction date reported in the Ryerson Form 4?

The transaction occurred on June 30, 2025.

Was the acquisition part of a 10b5-1 trading plan?

The filing does not indicate use of a Rule 10b5-1 plan for this grant.

Did the director pay cash for the shares?

No. The reported price is $0; the shares were granted as compensation.

How many Ryerson shares does Bruce Crawford own after the grant?

Following the transaction, he directly owns 334 shares.