Welcome to our dedicated page for Steel Dynamics SEC filings (Ticker: STLD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Steel Dynamics, Inc. filings document material-event disclosures, operating results, capital actions and governance matters for a North American industrial metals company. The company’s common stock is registered on the NASDAQ Global Select Market under STLD, and its 8-K reports cover earnings releases, earnings guidance, dividend announcements and other corporate updates.
Proxy and shareholder-meeting filings describe director elections, auditor ratification, advisory executive compensation votes and board composition. The filing record also includes Regulation FD disclosures, exhibit filings for company press releases, capital-structure information for the registered common stock and formal records of shareholder voting matters.
Sheree L. Bargabos, a director of Steel Dynamics Inc. (STLD), received 291 deferred stock units (DSUs) as compensation on 08/14/2025. The DSUs were issued under the company's 2023 Equity Incentive Plan and are reportable as directly owned common stock because they are payable solely in shares when settled. The reported transaction shows 291 shares acquired at $0, bringing the reporting persons beneficial ownership to 25,567 shares following the grant. The filing notes the grant is exempt from Section 16(b) under Rule 16b-3(d)(1) and (3). The Form 4 was signed by power of attorney on 08/15/2025.
Richard P. Teets Jr., a director of Steel Dynamics Inc. (STLD), received 291 deferred stock units (DSUs) as compensation on 08/14/2025 that are payable solely in common stock and reported as shares. These DSUs were issued under the Company's 2023 Equity Incentive Plan and are exempt from Section 16(b) by Rule 16b-3(d)(1) and (3). After the issuance, Mr. Teets reports directly owning 5,052,623 shares of common stock and indirectly holding 93,119 shares through his spouse. The Form 4 was signed on 08/15/2025.
The filing documents a routine director retainer payment settled in DSUs and clarifies why the units are reported as direct share ownership rather than derivative securities.
Steel Dynamics director Jennifer L. Hamann received 146 deferred stock units (DSUs) as director retainer, recorded as Common Stock on 08/14/2025. The DSUs are treated as directly owned shares because they will be settled solely in common stock when paid, and the filing reports 4,227 shares beneficially owned by the reporting person following the issuance. The DSUs were issued under the companys 2023 Equity Incentive Plan and are exempt from short-swing profit rules under Rule 16b-3. This appears to be a routine director compensation credit rather than a cash purchase or sale.
Steel Dynamics (STLD) filed a Form 8-K reporting a press release dated August 14, 2025 titled "Steel Dynamics Announces Third Quarter 2025 Cash Dividend." The filing attaches that press release as an exhibit and is signed by Theresa E. Wagler, Executive Vice President and Chief Financial Officer. The document provides notice that a cash dividend announcement was made, but no dividend amount, record date, or payment date is included in the text provided.
Steel Dynamics reported weaker profitability in the quarter and first half of 2025 despite stable shipment volumes. Consolidated net sales were $4.565 billion for the three months ended June 30, 2025, with consolidated operating income of $382.9 million, down 32% from $559.1 million a year earlier. Net income attributable to Steel Dynamics, Inc. was $298.7 million for the quarter (basic and diluted EPS of $2.01), a 30% decline from the prior-year quarter. For the six months, net sales were $8.934 billion and net income attributable to SDI was $515.9 million, down 49% year-over-year.
Operationally, steel shipments remained strong at 3.3 million tons in Q2 2025 (3.0 million excluding intra-segment), and metals recycling achieved record quarterly ferrous scrap shipments. The company issued $600 million of 5.250% notes due 2035 and $400 million of 5.750% notes due 2055 in March 2025, raising net proceeds of $972 million. Inventories rose to $3.261 billion and total assets were $15.549 billion at June 30, 2025. The company recorded a $32.3 million correction to write off consumable assets, which increased cost of sales and reduced supplies inventory.
Steel Dynamics, Inc. (STLD) – Form 144 filing discloses an intended open-market sale of restricted securities.
- Securities to be sold: 12,000 shares of STLD common stock (par $0.0025).
- Estimated value: $1,562,760 based on broker-quoted market price supplied in the filing.
- Seller: Not identified in the excerpt; shares were received via an equity grant on 03/15/24 and classified as compensation.
- Planned sale date & venue: on or about 07/29/25 through NASDAQ Global Select; Computershare is listed as broker.
- Share-count context: STLD reports 148,453,876 shares outstanding; the proposed sale equals roughly 0.008% of total shares.
- No other sales by the reporting person occurred in the past three months.
The filing is a routine notice required under Rule 144 and does not include operational, earnings, or guidance information. While insider sales can be perceived negatively, the size is immaterial to the company’s float. Investors may view it as neutral disclosure of personal liquidity rather than a signal on fundamentals.
Steel Dynamics (STLD) Form 4, filed 14-Jul-2025, reports that director Richard P. Teets Jr. automatically acquired 13 common shares on 11-Jul-2025 via dividend-equivalent deferred stock units (DSUs) granted under the company’s 2023 Equity Incentive Plan. The acquisition cost was $0 and is exempt from Section 16(b) under Rule 16b-3. Following the transaction, Teets’ holdings rise to 5,052,332 directly owned shares plus 93,119 shares held indirectly by his spouse; no dispositions were reported. The filing shows ongoing insider equity alignment but is immaterial in size relative to both Teets’ existing stake and Steel Dynamics’ overall share count.