Ryerson (RYZ) EVP Andrew Greiff receives 79.488 RSU dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ryerson Holding Corp executive Andrew S. Greiff reported an automatic equity award tied to existing restricted stock units. He acquired 79.488 dividend-equivalent restricted stock units, each representing a contingent right to receive one share of Ryerson common stock. After this grant, he directly holds 11,822.488 restricted stock units. These dividend-equivalent rights accrued on unvested restricted stock units granted on March 31, 2026 and will vest on March 31, 2027, March 31, 2028, and March 31, 2029 on the same terms as the underlying awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Greiff Andrew S
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 79.488 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 11,822.488 shares (Direct, null)
Footnotes (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, 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.
Key Figures
RSUs granted: 79.488 restricted stock units
Total RSUs after grant: 11,822.488 restricted stock units
First vesting date: March 31, 2027
+2 more
5 metrics
RSUs granted
79.488 restricted stock units
Dividend-equivalent rights accrued on underlying RSU award as of June 18, 2026
Total RSUs after grant
11,822.488 restricted stock units
Direct holdings following the June 18, 2026 award
First vesting date
March 31, 2027
Dividend-equivalent RSUs vest in tranches on three future dates
Second vesting date
March 31, 2028
Follows original March 31, 2026 RSU grant schedule
Third vesting date
March 31, 2029
Final vesting for this set of dividend-equivalent RSUs
Key Terms
Restricted Stock Units, dividend equivalent rights, contingent right
3 terms
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.
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of common stock"
FAQ
What insider transaction did Ryerson (RYZ) report for Andrew S. Greiff?
Ryerson reported that EVP Andrew S. Greiff acquired 79.488 restricted stock units as a grant. These units represent dividend-equivalent rights on earlier RSU awards and are part of his equity compensation, not an open-market stock purchase or sale.
How many restricted stock units does Andrew S. Greiff hold after this Ryerson (RYZ) Form 4?
After this award, Andrew S. Greiff holds 11,822.488 restricted stock units. Each restricted stock unit is a contingent right to receive one Ryerson common share, subject to vesting over future dates and applicable settlement terms.
What are dividend equivalent rights in the Ryerson (RYZ) Form 4 filing?
Dividend equivalent rights are additional units that accrue when dividends are paid on underlying common shares. For Ryerson, these rights track the same vesting, settlement, and expiration terms as the related restricted stock units they are attached to, rather than paying cash dividends.
When will Andrew S. Greiff’s new Ryerson (RYZ) RSUs vest?
The dividend-equivalent restricted stock units will vest on March 31, 2027, March 31, 2028, and March 31, 2029. They follow the same schedule as the unvested restricted stock units granted on March 31, 2026 that generated these additional rights.
Does the Ryerson (RYZ) Form 4 show an open-market stock trade by Andrew S. Greiff?
No, the Form 4 reflects a grant of 79.488 restricted stock units as compensation. The transaction is coded as an acquisition of derivative securities, not a market purchase or sale of Ryerson common stock on an exchange.