[SCHEDULE 13G/A] Ryerson Holding Corp Amended Passive Investment Disclosure

Rhea-AI Filing Summary

Franklin Mutual Advisers, LLC filed an amendment to a Schedule 13G/A reporting zero shares beneficially owned of Ryerson Holding Corp common stock and 0.0% ownership. The filing explains that, as of the calendar quarter ended March 31, 2026, Franklin Resources, Inc. aggregated holdings previously reported separately by Franklin Mutual Advisers, so Franklin Mutual Advisers ceased separate reporting.

Insights

Institutional Ownership Analyst

Amendment clarifies reporting structure; no direct holdings reported.

The amendment states 0 shares and 0.0% ownership and explains an internal realignment at Franklin Resources, Inc. that ended separate, disaggregated reporting by Franklin Mutual Advisers, LLC as of the quarter ended March 31, 2026.

Impact is administrative: ownership is now reported aggregated under the parent entity. Subsequent filings from the parent may show aggregated positions; this amendment itself does not indicate open‑market activity.

Key Figures

Shares authorized: 100,000,000 shares CUSIP: 783754104 Amount beneficially owned: 0 shares +3 more

6 metrics

Shares authorized 100,000,000 shares Common Stock par $0.01

CUSIP 783754104 Ryerson Holding Corp common stock identifier

Amount beneficially owned 0 shares Reported by Franklin Mutual Advisers, LLC

Percent of class 0.0% Percent ownership reported

Reporting quarter March 31, 2026 Calendar quarter end cited for aggregation change

Signature date April 28, 2026 Filing signed by Thomas C. Mandia

Key Terms

Schedule 13G/A, beneficial ownership, disaggregated, CUSIP

4 terms

Schedule 13G/A regulatory

"Amendment to beneficial ownership disclosure form"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

beneficial ownership financial

"Amount beneficially owned: 0; Percent of class: 0.0%"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

disaggregated regulatory

"reported beneficial ownership separately on a disaggregated basis"

CUSIP market

"CUSIP No.: 783754104"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/28/2026 - 07:01 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Ryerson Holding Corp

(Name of Issuer)

Common Stock, $0.01 par value, 100,000,000 shares authorized

(Title of Class of Securities)

783754104

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 783754104

1

Names of Reporting Persons

Franklin Mutual Advisers, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

IA, OO

Comment for Type of Reporting Person: Formerly in accordance with SEC Release No. 34-39538 (January 12, 1998), Franklin Mutual Advisers, Inc. ("FMA") reported beneficial ownership separately on a disaggregated basis from Franklin Resources, Inc. ("FRI") in reliance on such release. As of the calendar quarter ended March 31, 2026, FRI went through an internal realignment such that FMA ceased to be disaggregated and ceased to report separately from FRI and FRI is now reporting beneficial ownership of equity securities attributed to FMA aggregated with other equity securities that may be beneficially owned by investment management subsidiaries of and reported by FRI.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Ryerson Holding Corp
(b)	Address of issuer's principal executive offices: 227 W. Monroe St., 27th Floor, Chicago, IL 60606
Item 2.
(a)	Name of person filing: Franklin Mutual Advisers, LLC
(b)	Address or principal business office or, if none, residence: 101 John F. Kennedy Parkway Short Hills, NJ 07078-2789
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock, $0.01 par value, 100,000,000 shares authorized
(e)	CUSIP No.: 783754104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 0
(b)	Percent of class: 0.0%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Franklin Mutual Advisers, LLC: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: Franklin Mutual Advisers, LLC: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Franklin Mutual Advisers, LLC

Signature:	/s/THOMAS C. MANDIA
Name/Title:	Thomas C. Mandia. Assistant Secretary of Franklin Mutual Advisers, LLC
Date:	04/28/2026