Steel Dynamics director granted dividend stock units
BARGABOS SHEREE L reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
BARGABOS SHEREE L reported acquisition or exercise transactions in this Form 4 filing.
Steel Dynamics Inc. director Sheree L. Bargabos received 43 shares of Common Stock credited as additional deferred stock units on 2026-07-10, as a dividend equivalent under the 2023 Equity Incentive Plan and Dividend Reinvestment Plan. These DSUs are payable solely in Common Stock and reported as directly owned, bringing her direct holdings to 27,105 shares, including shares from prior dividend reinvestments.
Insider Trade Summary
Grant/Award: 43 shares
Grant/Award
1 txn
Insider
BARGABOS SHEREE L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2, F3 | 43 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 27,105 shares (Direct)
Footnotes (3)
- F1. Represents the number of shares of common stock underlying additional deferred stock units (DSUs) issued to the reporting person as a dividend equivalent, in connection with this person's retainer as a director under the Company's 2023 Equity Incentive Plan (the "Plan"). This transaction is exempt from both the reporting requirements of Section 16(a), including Rule 16a-11, and the provisions of Section 16(b), by virtue of this dividend reinvestment feature of the Plan and the Company's existing Dividend Reinvestment Plan, as well as being exempt from Section 16(b) independently by virtue of Rule 16b-3(d)(1) and (3).
- F2. Reportable as directly owned shares of common stock, rather than as a derivative security in Table II, because any and all underlying DSUs are payable, at such time as they are to be settled, solely in shares of common stock. (See Lincoln National Corp. (March 20, 1992) Q.3).
- F3. Includes shares resulting from reinvestment of dividends on any underlying DSUs included in this total.
Key Figures
Stock units granted: 43 shares of Common Stock
Post-transaction holdings: 27,105 shares
Grant price per share: $0.0000
3 metrics
Stock units granted
43 shares of Common Stock
Dividend-equivalent deferred stock units granted on 2026-07-10
Post-transaction holdings
27,105 shares
Total Common Stock held directly by Sheree L. Bargabos after the grant
Grant price per share
$0.0000
Per-share price for the stock unit grant recorded as a compensation-related award
Key Terms
deferred stock units (DSUs), Dividend Reinvestment Plan, Section 16(b), Rule 16b-3(d)(1)
4 terms
deferred stock units (DSUs) financial
"underlying additional deferred stock units (DSUs) issued to the reporting person as a dividend equivalent"
Deferred stock units (DSUs) are a form of long-term pay that promises an employee or director future company shares or cash equal to the share value at a later date, usually after leaving the company or at a set vesting time. Think of them as a delayed paycheck tied to the stock: they align recipients’ interests with long-term share performance and matter to investors because they create potential future dilution and signal how management is rewarded and incentivized.
Dividend Reinvestment Plan financial
"dividend reinvestment feature of the Plan and the Company's existing Dividend Reinvestment Plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Section 16(b) regulatory
"being exempt from Section 16(b) independently by virtue of Rule 16b-3(d)(1) and (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(d)(1) regulatory
"exempt from Section 16(b) independently by virtue of Rule 16b-3(d)(1) and (3)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Steel Dynamics (STLD) report about director Sheree L. Bargabos’s latest equity award?
Steel Dynamics reported that director Sheree L. Bargabos received 43 shares of Common Stock on 2026-07-10. These represent additional deferred stock units credited as a dividend equivalent under the 2023 Equity Incentive Plan and the company’s Dividend Reinvestment Plan.
Was the Steel Dynamics (STLD) director transaction an open-market purchase or sale?
The transaction was not an open-market purchase or sale; it was a grant/award acquisition. Bargabos received 43 shares at a per-share price of $0.0000, reflecting compensation-related dividend-equivalent deferred stock units rather than a discretionary market trade.
How are dividends handled on Sheree L. Bargabos’s deferred stock units at Steel Dynamics (STLD)?
Dividends on her deferred stock units are reinvested into additional DSUs, credited as dividend equivalents. The reported total share amount therefore includes shares resulting from the reinvestment of dividends on any underlying deferred stock units covered in this holding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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