Steel Dynamics Inc (STLD) CEO transfers 300 shares as gift
Rhea-AI Filing Summary
Mark D. Millett, Chairman and CEO of Steel Dynamics Inc, reported a bona fide gift of 300 shares of Common Stock on 2026-07-28. The transfer carried a stated price of $0.00 per share and was classified as a disposition. Following this gift, Millett directly holds 3,016,401 shares of Steel Dynamics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 300 shares
Net Sell
1 txn
Insider
MILLETT MARK D
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 300 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 3,016,401 shares (Direct)
Key Figures
Shares gifted: 300.0000 shares
Transaction price per share: $0.0000
Shares held after transaction: 3016401.0000 shares
+1 more
4 metrics
Shares gifted
300.0000 shares
Bona fide gift of Common Stock on 2026-07-28
Transaction price per share
$0.0000
Stated price for the 300-share bona fide gift
Shares held after transaction
3016401.0000 shares
Direct ownership by Mark D. Millett following the gift
Gift transactions reported
1
Single bona fide gift (transaction code G) in this Form 4
Key Terms
Bona fide gift, Common Stock, Form 4
3 terms
Bona fide gift regulatory
"transaction_code_description indicates the transfer was a "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Common Stock financial
"security_title for the reported transaction is listed as "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"Insider ownership and the 300-share gift are disclosed on SEC Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Steel Dynamics (STLD) report on 2026-07-28?
Steel Dynamics reported a bona fide gift of 300 shares by its CEO on 2026-07-28. Chairman and CEO Mark D. Millett transferred 300 shares of common stock as a gift, coded as transaction type G, rather than executing an open-market purchase or sale.
What is Mark D. Millett’s Steel Dynamics (STLD) ownership after the gift?
After the gift, Mark D. Millett directly holds 3,016,401 Steel Dynamics shares. The post-transaction holdings field in the Form 4 shows total direct ownership of 3,016,401.0000 shares of common stock following the 300-share gift transfer.
Was the Steel Dynamics (STLD) CEO’s transaction a market sale?
No, the CEO’s transaction was reported as a bona fide gift, not a market sale. The transaction code is G, with a stated price of $0.00 per share, indicating a non-market gift transfer of 300 common shares rather than a sale into the open market.
Did the Steel Dynamics (STLD) CEO use a Rule 10b5-1 trading plan for this transaction?
The transaction was not reported as occurring under a Rule 10b5-1 trading plan. The Form 4’s Rule 10b5-1 checkbox is left unchecked, so the 300-share bona fide gift by Chairman and CEO Mark D. Millett is not designated as executed pursuant to such a pre-arranged trading plan.