Ryerson (RYI) CFO logs RSU vesting, 13,200-unit grant and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ryerson Holding Corp Executive Vice President & CFO James J. Claussen reported multiple equity compensation transactions involving restricted stock units and common stock. On March 31, 2026, he exercised or converted a series of restricted stock units into common shares and received new equity awards.
The filing shows 13,200 restricted stock units granted on March 31, 2026, each representing a contingent right to one share of common stock. Several prior time-based and performance-based restricted stock units granted in earlier years vested, including associated dividend equivalent rights that convert into additional shares when the company pays dividends.
To cover income tax obligations from these vesting events, 10,415 common shares were withheld at a price of $22.48 per share. After these exercises, settlements, and tax-withholding dispositions, Claussen holds 88,488.3365 shares of Ryerson common stock directly, reflecting routine compensation-related activity rather than open‑market trading.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting, new grant, and tax withholding with no open‑market trades.
The transactions for Ryerson Holding Corp Executive Vice President & CFO James J. Claussen are classic equity compensation events. Restricted stock units granted in prior years vested, including performance-based awards and related dividend equivalent rights, and were settled in common shares.
The filing also records a new grant of 13,200 restricted stock units on March 31, 2026, which will vest in three equal annual installments. To satisfy income tax obligations, the company withheld 10,415 common shares at $22.48 per share, a non‑market tax-withholding disposition.
Following these conversions and withholdings, Claussen directly owns 88,488.3365 common shares. There are no open‑market purchases or sales, and the pattern reflects ongoing compensation and vesting schedules rather than a change in discretionary investment positioning.
Insider Trade Summary
12,894 shares exercised/converted
Mixed
9 txns
Insider
Claussen James J
Role
Executive Vice President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,219 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,125 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,550 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 13,200 | $0.00 | -- |
| Exercise | Common Stock (par value $0.01 per share) | 4,219 | $0.00 | -- |
| Exercise | Common Stock (par value $0.01 per share) | 4,125 | $0.00 | -- |
| Exercise | Common Stock (par value $0.01 per share) | 4,550 | $0.00 | -- |
| Exercise | Common Stock (par value $0.01 per share) | 11,725 | $0.00 | -- |
| Tax Withholding | Common Stock (par value $0.01 per share) | 10,415 | $22.48 | $234K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock (par value $0.01 per share) — 78,503.337 shares (Direct)
Footnotes (1)
- Represents shares received upon the vesting of restricted stock units and shares received upon the vesting of dividend equivalent rights granted in connection with the quarterly dividends declared by Ryerson Holding Corporation (the "Company"). Dividend equivalent rights are subject to the same terms and conditions, including vesting, as the underlying restricted stock units. Represents shares received or that will be received in respect of performance-based restricted stock units granted on March 31, 2023. Each performance-based restricted stock unit became vested on March 31, 2026, which was the later of (i) the third anniversary of the grant date and (ii) the date the compensation committee certified the achievement of the applicable performance objectives in accordance with the underlying award agreement. The compensation committee certified the achievement of the applicable performance objectives on March 31, 2026. Vested shares will be delivered to the reporting person not later than 60 days following the vesting date. Each restricted stock unit represents a contingent right to receive one share of common stock of the Company. The restricted stock units reported as disposed herein were settled for shares of common stock of the Company. On March 31, 2023, the reporting person was granted 11,550 restricted stock units, of which 3,850 vested on the first anniversary of the grant date, 3,850 vested on the second anniversary of the grant date and 3,850 vested on the third anniversary of the grant date. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates. Settlement of dividend equivalent rights in connection with the vesting of underlying restricted stock units that were granted on March 31, 2023. The dividend equivalent rights accrued when and as the Company declared quarterly dividends and vested proportionately with the restricted stock unit to which they related. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates. On March 31, 2024, the reporting person was granted 11,550 restricted stock units, of which 3,850 vested on the first anniversary of the grant date and 3,850 vested on the second anniversary of the grant date. All 3,850 of the remaining unvested restricted stock units will vest on the third anniversary of the grant date. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates. Settlement of dividend equivalent rights in connection with the vesting of underlying restricted stock units that were granted on March 31, 2024. The dividend equivalent rights accrued when and as the Company declared quarterly dividends and vested proportionately with the restricted stock unit to which they related. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates. On March 31, 2025, the reporting person was granted 13,200 restricted stock units, of which 4,400 vested on the first anniversary of the grant date. Of the remaining unvested restricted stock units, 4,400 will vest on the second anniversary of the grant date and 4,400 will vest on the third anniversary of the grant date. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates. Settlement of dividend equivalent rights in connection with the vesting of underlying restricted stock units that were granted on March 31, 2025. The dividend equivalent rights accrued when and as the Company declared quarterly dividends and vested proportionately with the restricted stock unit to which they related. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates. On March 31, 2026, the reporting person was granted 13,200 restricted stock units, of which 4,400 will vest on the first anniversary of the grant date, 4,400 will vest on the second anniversary of the grant date and 4,400 will vest on the third anniversary of the grant date. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates. Represents shares that have been withheld by the Company to satisfy its income tax and withholding remittance obligations in connection with the net settlement of restricted stock units.
Key Figures
New RSU grant: 13,200 restricted stock units
Shares withheld for taxes: 10,415 shares
Tax withholding price: $22.48 per share
+3 more
6 metrics
New RSU grant
13,200 restricted stock units
Granted on March 31, 2026
Shares withheld for taxes
10,415 shares
Withheld at $22.48 per share for tax obligations
Tax withholding price
$22.48 per share
Price used for 10,415-share tax-withholding disposition
Common shares held after transactions
88,488.3365 shares
Direct Ryerson common stock ownership after March 31, 2026 events
Derivative exercises
12,894 shares
Total underlying shares from derivative exercises (M code) in summary
Tax-withholding disposition count
10,415 shares
TaxWithholdingShares in transaction summary
Key Terms
Restricted Stock Units, dividend equivalent rights, performance-based restricted stock units, net settlement, +1 more
5 terms
Restricted Stock Units financial
"On March 31, 2026, the reporting person was granted 13,200 restricted stock units, of which 4,400 will vest..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"Settlement of dividend equivalent rights in connection with the vesting of underlying restricted stock units..."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
performance-based restricted stock units financial
"Represents shares received or that will be received in respect of performance-based restricted stock units granted on March 31, 2023."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
net settlement financial
"in connection with the net settlement of restricted stock units."
tax withholding financial
"to satisfy its income tax and withholding remittance obligations in connection with the net settlement of restricted stock units."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
FAQ
What insider transactions did RYI CFO James J. Claussen report on March 31, 2026?
He reported vesting and settlement of multiple restricted stock unit awards and related dividend equivalent rights into common shares, plus a new 13,200-unit RSU grant. No open‑market purchases or sales occurred; activity reflects equity compensation and associated tax withholding only.
How many restricted stock units were newly granted to the RYI CFO?
On March 31, 2026, the CFO received a grant of 13,200 restricted stock units. According to the disclosure, 4,400 units will vest on each of the first, second, and third anniversaries of the grant date, with shares delivered within 60 days after each vesting.
How do performance-based restricted stock units affect the RYI CFO’s equity compensation?
Performance-based restricted stock units granted on March 31, 2023 vested once performance objectives were certified on March 31, 2026. Each vested unit converts into one common share, and related dividend equivalent rights add more shares, increasing equity-based compensation tied to achieving specified company performance goals.
What are dividend equivalent rights in the Ryerson (RYI) Form 4 filing?
Dividend equivalent rights are additional units that accrue when Ryerson declares quarterly dividends on underlying restricted stock units. They vest under the same terms as the related RSUs and are settled in common shares, increasing the total number of shares delivered upon vesting events for the reporting person.