Ryerson (NYSE: RYI) EVP adds 9,373 shares as RSUs vest and 9,900 new RSUs granted
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ryerson Holding Corp’s EVP and Chief Legal/Risk Officer Mark S. Silver reported several equity compensation events in common stock and restricted stock units. On March 31, 2026, previously granted restricted stock units vested and were settled into 9,373 shares of common stock at no cash cost to him.
To satisfy income tax and withholding obligations tied to this vesting, the company withheld 7,509 shares at a price of $22.48 per share, a tax-withholding disposition rather than an open-market sale. Silver also received a new grant of 9,900 restricted stock units, each representing a contingent right to one share of common stock, subject to future vesting conditions. After these transactions, he directly held 131,355 shares of Ryerson common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,373 shares exercised/converted
Mixed
9 txns
Insider
Silver Mark S.
Role
EVP, Chief Legal/Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,014 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,947 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,412 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 9,900 | $0.00 | -- |
| Exercise | Common Stock (par value $0.01 per share) | 3,014 | $0.00 | -- |
| Exercise | Common Stock (par value $0.01 per share) | 2,947 | $0.00 | -- |
| Exercise | Common Stock (par value $0.01 per share) | 3,412 | $0.00 | -- |
| Exercise | Common Stock (par value $0.01 per share) | 8,375 | $0.00 | -- |
| Tax Withholding | Common Stock (par value $0.01 per share) | 7,509 | $22.48 | $169K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock (par value $0.01 per share) — 124,130 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 8,250 restricted stock units, of which 2,750 vested on the first anniversary of the grant date, 2,750 vested on the second anniversary of the grant date and 2,750 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 8,250 restricted stock units, of which 2,750 vested on the first anniversary of the grant date and 2,750 vested on the second anniversary of the grant date. All 2,750 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 9,900 restricted stock units, of which 3,300 vested on the first anniversary of the grant date. Of the remaining unvested restricted stock units, 3,300 will vest on the second anniversary of the grant date and 3,300 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 9,900 restricted stock units, of which 3,300 will vest on the first anniversary of the grant date, 3,300 will vest on the second anniversary of the grant date and 3,300 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
RSU shares vested to common: 9,373 shares
Tax withholding shares: 7,509 shares
Tax withholding price: $22.48 per share
+3 more
6 metrics
RSU shares vested to common
9,373 shares
Shares received upon vesting and settlement of restricted stock units on March 31, 2026
Tax withholding shares
7,509 shares
Shares withheld by company to cover tax obligations at $22.48 per share
Tax withholding price
$22.48 per share
Value used for shares withheld to satisfy income tax and remittance obligations
New RSU grant
9,900 RSUs
Restricted stock units granted on March 31, 2026 to EVP Mark S. Silver
Common shares after transactions
131,355 shares
Direct common stock holdings following reported Form 4 transactions
Derivative exercises
9,373 shares
Total underlying shares from derivative exercises (RSU vesting) per transaction summary
Key Terms
Restricted Stock Units, dividend equivalent rights, performance-based restricted stock units, net settlement of restricted stock units, +1 more
5 terms
Restricted Stock Units financial
"On March 31, 2026, the reporting person was granted 9,900 restricted stock units"
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 of restricted stock units financial
"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"
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider stock transactions did Ryerson (RYI) report for Mark S. Silver?
Ryerson reported that EVP and Chief Legal/Risk Officer Mark S. Silver had restricted stock units vest into 9,373 common shares and received a new grant of 9,900 restricted stock units. These transactions reflect routine equity compensation rather than open-market buying or selling.
What new restricted stock unit award did Mark S. Silver receive from Ryerson (RYI)?
On March 31, 2026, Mark S. Silver was granted 9,900 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Ryerson common stock, subject to vesting over future anniversaries as described in the award’s terms.
How were dividend equivalent rights treated in the Ryerson (RYI) Form 4 for Mark S. Silver?
Dividend equivalent rights accrued on earlier restricted stock unit grants when Ryerson declared quarterly dividends. According to the filing, these rights vested proportionately with the underlying RSUs and were settled in shares, following the same timing and delivery conditions as the related RSU awards.