Steel Dynamics VP granted stock, shares withheld for taxes
Steel Dynamics Inc Vice President Matthew Lane Bell received a grant of 609 shares of common stock on February 2, 2026, and on the same date 58 shares were withheld at $179.57 per share to cover tax liabilities associated with vesting.
Rhea-AI Filing Summary
Steel Dynamics Inc Vice President Matthew Lane Bell received a grant of 609 shares of common stock on February 2, 2026, and on the same date 58 shares were withheld at $179.57 per share to cover tax liabilities associated with vesting. After these transactions he holds 1,241 shares directly and 17 shares indirectly through a Roth IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Bell Matthew Lane
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 609 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 58 | $179.57 | $10K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,241 shares (Direct);
Common Stock — 17 shares (Indirect, By Roth IRA)
Footnotes (2)
- F1. Shares awarded pursuant to 2018 Executive Incentive Plan approved by Board of Directors and Stockholders and exempt from Section 16(b) of Exchange Act pursuant to Rule 16b-3 thereunder. One-third of shares granted vest on date of grant, one-third vest one year from grant, and final one-third vest two years from grant.
- F2. Payment of withholding tax liability by issuer's withholding of securities incident to the reporting person's vesting of a security in accordance with Rule 16b-3.
Key Figures
Share grant: 609 shares
Tax withholding shares: 58 shares
Tax withholding price: $179.57 per share
+2 more
5 metrics
Share grant
609 shares
Common Stock awarded to Vice President Matthew Lane Bell on February 2, 2026
Tax withholding shares
58 shares
Common Stock withheld to satisfy tax liability at $179.57 per share
Tax withholding price
$179.57 per share
Per-share value used for withholding on February 2, 2026
Direct holdings after transactions
1,241 shares
Common Stock held directly by Matthew Lane Bell after reported transactions
Indirect Roth IRA holdings
17 shares
Common Stock held indirectly through a Roth IRA after reported transactions
Key Terms
2018 Executive Incentive Plan, Section 16(b), Rule 16b-3, withholding tax liability, +1 more
5 terms
2018 Executive Incentive Plan financial
"Shares awarded pursuant to 2018 Executive Incentive Plan approved by Board of Directors"
Section 16(b) regulatory
"exempt from Section 16(b) of Exchange Act pursuant to Rule 16b-3"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-3 regulatory
"exempt from Section 16(b) of Exchange Act pursuant to Rule 16b-3 thereunder"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
withholding tax liability financial
"Payment of withholding tax liability by issuer's withholding of securities"
Roth IRA financial
"nature_of_ownership : By Roth IRA"
A Roth IRA is a retirement savings account you fund with money that’s already been taxed, and withdrawals taken in retirement under the account rules are tax-free. It matters to investors because it shifts the tax bill to today instead of retirement, potentially increasing after-tax income later—think of it like paying for a lifetime subscription now so you can use it without extra charges in the future—helpful for long-term tax planning and flexibility.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stock grant did Steel Dynamics (STLD) VP Matthew Lane Bell report?
Matthew Lane Bell reported a grant of 609 shares of Steel Dynamics common stock on February 2, 2026. This equity award increases his direct ownership and is part of his executive compensation, as described in the company’s incentive plan context.
AI-generated analysis. How Rhea-AI works. Not financial advice.