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  4. [Form 4] Ryerson Holding Corp Insider Trading Activity

Ryerson Holding Corp (RYZ) EVP gains RSU dividend equivalent awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Silver Mark S. reported acquisition or exercise transactions in this Form 4 filing.

Ryerson Holding Corp executive Mark S. Silver, EVP and Chief Legal/Risk Officer, received three small awards of restricted stock units through dividend equivalent rights. These awards covered 67.0130, 46.2080, and 19.9470 units, each representing a contingent right to receive one share of common stock.

The dividend equivalent rights accrued on previously granted restricted stock units from March 31, 2024, March 31, 2025, and March 31, 2026 that were outstanding as of June 18, 2026. These underlying unvested restricted stock units and their related dividend equivalents are scheduled to vest between March 31, 2027 and March 31, 2029, making this a routine, compensation-related equity accrual rather than an open-market trade.

Positive

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Negative

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Insider Silver Mark S.
Role EVP, Chief Legal/Risk Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 19.947 $0.00 --
Grant/Award Restricted Stock Units 46.208 $0.00 --
Grant/Award Restricted Stock Units 67.013 $0.00 --
Holdings After Transaction: Restricted Stock Units — 2,966.728 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of common stock of Ryerson Holding Corporation (the "Company"). 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. The dividend equivalent rights accrued on restricted stock units that were granted on March 31, 2024 and outstanding as of June 18, 2026. These unvested restricted stock units, and the dividend equivalent rights related to such unvested restricted stock units, will vest on March 31, 2027. The dividend equivalent rights accrued on restricted stock units that were granted on March 31, 2025 and outstanding as of June 18, 2026. These unvested restricted stock units, and the dividend equivalent rights related to such unvested restricted stock units, will vest on March 31, 2027 and March 31, 2028. The dividend equivalent rights accrued on restricted stock units that were granted on March 31, 2026 and outstanding as of June 18, 2026. These unvested restricted stock units, and the dividend equivalent rights related to such unvested restricted stock units, will vest on March 31, 2027, March 31, 2028, and March 31, 2029.
RSU dividend equivalents 2024 grant 67.0130 units Restricted stock unit dividend equivalent rights accrued as of June 18, 2026
RSU dividend equivalents 2025 grant 46.2080 units Restricted stock unit dividend equivalent rights accrued as of June 18, 2026
RSU dividend equivalents 2026 grant 19.9470 units Restricted stock unit dividend equivalent rights accrued as of June 18, 2026
Holdings after 2024-related accrual 9,967.0130 units Total restricted stock units following the 67.0130-unit transaction
Holdings after 2025-related accrual 6,872.5320 units Total restricted stock units following the 46.2080-unit transaction
Holdings after 2026-related accrual 2,966.7280 units Total restricted stock units following the 19.9470-unit transaction
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of common stock"
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.
contingent right financial
"represents a contingent right to receive one share of common stock"
dividend equivalent rights financial
"Represents dividend equivalent rights that accrued on the underlying award of 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.
vest financial
"will vest on March 31, 2027 and March 31, 2028"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
settlement financial
"subject to settlement and expiration upon the same terms as the restricted stock units"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Legal/Risk Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/18/2026A19.947(2) (3) (3)Common Stock19.947$02,966.728D
Restricted Stock Units(1)06/18/2026A46.208(2) (4) (4)Common Stock46.208$06,872.532D
Restricted Stock Units(1)06/18/2026A67.013(2) (5) (5)Common Stock67.013$09,967.013D
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, 2024 and outstanding as of June 18, 2026. These unvested restricted stock units, and the dividend equivalent rights related to such unvested restricted stock units, will vest on March 31, 2027.
4. The dividend equivalent rights accrued on restricted stock units that were granted on March 31, 2025 and outstanding as of June 18, 2026. These unvested restricted stock units, and the dividend equivalent rights related to such unvested restricted stock units, will vest on March 31, 2027 and March 31, 2028.
5. The dividend equivalent rights accrued on restricted stock units that were granted on March 31, 2026 and outstanding as of June 18, 2026. These unvested restricted stock units, and the dividend equivalent rights related to such unvested restricted stock units, will vest on March 31, 2027, March 31, 2028, and March 31, 2029.
/s/ Camilla Rykke Merrick, attorney-in-fact06/23/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Ryerson Holding Corp (RYZ) report for Mark S. Silver?

Ryerson reported that EVP and Chief Legal/Risk Officer Mark S. Silver received three small awards of restricted stock units via dividend equivalent rights, totaling several dozen units, as part of his equity compensation rather than any open-market stock purchase or sale.

What are the restricted stock units reported for Ryerson Holding Corp (RYZ)?

Each restricted stock unit represents a contingent right to receive one share of Ryerson Holding Corp common stock. These units are part of the executive’s compensation package and only convert into shares if the vesting conditions and dates disclosed in the filing are met.

Why did dividend equivalent rights accrue for Ryerson Holding Corp (RYZ) RSUs?

Dividend equivalent rights accrued because Ryerson pays dividends on its common shares underlying outstanding restricted stock units. When dividends are paid, matching equivalents accrue on those units and will vest and settle on the same schedule as the related restricted stock units.

Which grant dates are tied to the new dividend equivalent rights at Ryerson Holding Corp (RYZ)?

The dividend equivalent rights relate to restricted stock units originally granted on March 31, 2024, March 31, 2025, and March 31, 2026. They accrued on units that remained outstanding as of June 18, 2026, aligning with those prior award dates.

When will the reported Ryerson Holding Corp (RYZ) restricted stock units and dividend equivalents vest?

The filing states that the unvested restricted stock units and their related dividend equivalent rights will vest on March 31, 2027, and then additionally on March 31, 2028 and March 31, 2029, depending on the specific original grant date for each tranche.

Did the Ryerson Holding Corp (RYZ) insider engage in any open-market stock sales or purchases?

No. The transactions involve awards classified as grants or other acquisitions of restricted stock units through dividend equivalent rights. The filing does not report any open-market purchases or sales of Ryerson common stock by the executive in these entries.