Steel Dynamics, Inc. officer Barry Schneider filed a Form 144 notice of proposed sale of 50,000 shares of common stock, with an approximate sale date of November 3, 2026, through Morgan Stanley Smith Barney LLC Executive Financial Services.

Key Highlights

  • Selling officer: Barry Schneider, listed as an officer of Steel Dynamics, Inc., is the person for whose account the securities are to be sold.
  • Shares to be sold: 50,000 shares of Steel Dynamics common stock, with an aggregate market value of $12,445,405.00 as stated in the filing.
  • Shares outstanding: The filing reports 142,217,487 shares of common stock outstanding.
  • Exchange and listing: The securities are listed on NASDAQ.
  • Source of shares: All shares were acquired through restricted stock vestings under a registered plan, with consideration described as services rendered, across multiple vesting dates from February 24, 2024 through March 15, 2025.
  • No sales in past 3 months: The filing indicates "Nothing to Report" for securities sold during the past three months.

Schneider's Proposed Sale: Vested Restricted Stock in Steel Dynamics

According to the Form 144 filed with the U.S. Securities and Exchange Commission, Barry Schneider, an officer of Steel Dynamics, Inc. (NASDAQ:STLD), intends to sell 50,000 shares of the company's common stock through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004. The approximate date of sale is listed as November 3, 2026, and the aggregate market value of the proposed sale is stated as $12,445,405.00.

The filing details nine separate acquisition transactions, all described as restricted stock vestings under a registered plan from the issuer, with payment characterized as services rendered. The largest single tranche was 20,305 shares acquired on March 15, 2024, followed by 20,113 shares acquired on March 15, 2025. Additional smaller vestings occurred on February 24, 2024 (2,096 shares), February 25, 2024 (842 shares), November 21, 2024 (1,616 shares), February 24, 2025 (2,098 shares), February 25, 2025 (843 shares), March 1, 2025 (1,650 shares), and November 21, 2025 (437 shares).

The filing states that no securities of Steel Dynamics were sold by Schneider in the three months preceding the notice. By signing the form, Schneider represented, as stated in the filing, that he "does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed." Steel Dynamics is headquartered at 7575 West Jefferson Blvd., Fort Wayne, Indiana 46804.

What Was Disclosed

Barry Schneider, an officer of Steel Dynamics, Inc., filed a Form 144 on November 3, 2026, disclosing a proposed sale of 50,000 common shares with an aggregate market value of $12,445,405.00, all sourced from restricted stock vestings for services rendered between 2024 and 2025.