Form 4: Whiting Vanessa reports disposition transactions in ZEUS
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Whiting Vanessa reported disposition transactions in a Form 4 filing for ZEUS. The filing lists transactions totaling 20,728 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Whiting Vanessa
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Share Units | 15,497 | $0.00 | -- |
| Disposition | Common Stock | 5,231 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 0 shares (Direct);
Common Stock — 0 shares (Direct)
Footnotes (1)
- Represents shares of Olympic Steel, Inc. common stock, without par value ("Company common stock"), disposed of pursuant to the Agreement and Plan of Merger ("Merger Agreement"), dated as of October 28, 2025, by and among Olympic Steel, Inc. (the "Company"), Ryerson Holding Corporation ("Parent"), and Crimson MS Corp. (including restricted shares that vested in connection with the merger). At the effective time of the merger, each such share of Company common stock was converted into the right to receive a number of shares of common stock, $0.01 par value per share, of Parent ("Parent common stock"), multiplied by 1.7105 (rounded down to the nearest whole share), plus a cash payment (rounded down to the nearest cent) in lieu of any fractional shares as determined pursuant to the Merger Agreement. Each restricted share unit ("RSU") represents the contingent right to receive one share of Company common stock. These RSUs are fully vested and will generally be settled upon the Reporting Person's separation from service. Pursuant to the Merger Agreement, these RSUs were converted into RSUs with respect to Parent common stock by multiplying the number of shares of Company common stock underlying the award by 1.7105 (rounded down to the nearest whole share) and were immediately settled in shares of Parent common stock in connection with the Reporting Person's separation from service, which occurred at the effective time of the merger.
FAQ
What did Olympic Steel (ZEUS) director Vanessa Whiting report in this Form 4?
Vanessa Whiting reported disposing of all her Olympic Steel equity on February 13, 2026. She transferred 5,231 common shares and 15,497 restricted share units as part of the company’s merger consideration structure with Ryerson Holding Corporation.
When were Vanessa Whiting’s RSUs settled relative to her service with Olympic Steel?
Her RSUs were fully vested and typically settle upon separation from service. Under the merger agreement, they converted into Ryerson stock-based RSUs and were immediately settled in Ryerson shares when she separated from service at the merger’s effective time.