Anderson James Stanley 4
4 · STEEL DYNAMICS INC · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Steel Dynamics (STLD) SVP Anderson Receives Award; 6,468 Shares Withheld
What Happened
Anderson James Stanley, Senior Vice President of Steel Dynamics (STLD), was granted 14,738 shares as an award on 2026-03-13 (code A, acquisition at $0.00). On the same date, 6,468 shares were withheld by the company to satisfy the reporting person's tax withholding obligation (code F) at $182.19 per share, generating proceeds/value of $1,178,405. The award is part of the company’s Long-Term Incentive Program.
Key Details
- Transaction date: 2026-03-13.
- Award: 14,738 shares granted (acquisition price reported as $0.00).
- Withholding: 6,468 shares withheld at $182.19 per share = $1,178,405 (used to cover taxes).
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- Award granted under the 2023 Equity Incentive Plan / LTIP (exempt from short-swing rule under Rule 16b‑3(d)).
- Withholding was done by the issuer to pay taxes and is either committee-approved or plan‑mandated (exempt under Rule 16b‑3(e)).
- Filing timeliness: Filed with the SEC on 2026-03-13 for transactions dated 2026-03-13 (no late filing indicated).
Context
- This was an equity award with shares withheld to cover tax liability, not an open-market sale — withholding is a common, administrative disposition (code F).
- The award/withholding are treated as exempt routine transactions under Rule 16b‑3, so they are not subject to short-swing profit recovery.
- No indication of a voluntary sale or a 10% owner transaction; this is standard executive compensation activity.
Insider Transaction Report
Form 4
Anderson James Stanley
Senior Vice President
Transactions
- Award
Common Stock
[F1]2026-03-13+14,738→ 119,305 total - Tax Payment
Common Stock
[F2]2026-03-13$182.19/sh−6,468$1,178,405→ 112,837 total
Footnotes (2)
- [F1]Acquisition from Issuer: Shares awarded under Long-Term Incentive Program adopted by Compensation Committee composed of three or more independent non-employee directors pursuant to the Company's 2023 Equity Incentive Plan approved by Compensation Committee and Stockholders and exempt from Section 16(b) of Exchange Act pursuant to Rule 16b-3(d).
- [F2]Disposition to Issuer: Shares withheld by Issuer in payment of reporting person's withholding tax liability in connection with such person's receipt or vesting of an equity security, and either approved in advance by Compensation Committee or mandated by the express terms of the Plan and exempt from Section 16(b) of Exchange Act in accordance with Exchange Act Rule 16b-3(e).
Signature
/s/ James Stanley Anderson|2026-03-13