Molly D Kannan, Chief Accounting Officer and Corporate Controller of Ryerson Holding Corp, filed a Form 4 on September 21, 2026, disclosing the acquisition of restricted stock unit dividend equivalent rights on September 17, 2026.

Key Highlights

  • Reporting person: Molly D Kannan, CAO and Corporate Controller of Ryerson Holding Corp (NYSE:RYZ)
  • Transaction date: September 17, 2026, covering three separate acquisitions of dividend equivalent rights on restricted stock units
  • Units acquired: 15.779, 34.806, and 50.482 dividend equivalent rights, each at a price of $0, tied to RSU grants from March 31, 2024, March 31, 2025, and March 31, 2026, respectively
  • Post-transaction holdings: 2,092.702, 4,616.159, and 6,695.158 derivative securities beneficially owned following each respective transaction, all held directly
  • Vesting schedule: The March 2024 grant rights vest March 31, 2027; the March 2025 grant rights vest March 31, 2027 and March 31, 2028; the March 2026 grant rights vest March 31, 2027, March 31, 2028, and March 31, 2029
  • Nature of rights: Each restricted stock unit represents a contingent right to receive one share of common stock, and dividend equivalent rights accrue when dividends are paid on the underlying common shares

Ryerson Holding CAO Receives RSU Dividend Equivalent Accruals Across Three Grant Cycles

According to the Form 4 filed with the SEC on September 21, 2026, Molly D Kannan, serving as CAO and Corporate Controller of Ryerson Holding Corp (NYSE:RYZ), acquired dividend equivalent rights on restricted stock units on September 17, 2026. The filing discloses three separate derivative security acquisitions, each corresponding to a distinct RSU grant cycle. All three transactions were recorded at a price of $0 and classified as direct ownership.

The filing states that 15.779 dividend equivalent rights accrued on RSUs originally granted on March 31, 2024, bringing her total holdings in that tranche to 2,092.702 units. An additional 34.806 rights accrued on RSUs granted March 31, 2025, resulting in a total of 4,616.159 units for that tranche. A third acquisition of 50.482 rights related to RSUs granted March 31, 2026, brought that tranche to 6,695.158 units. The filing explains that "dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units to which they relate."

According to the filing, all three sets of unvested restricted stock units and their associated dividend equivalent rights follow staggered vesting schedules extending through March 31, 2029. The form was signed by Camilla Rykke Merrick as attorney-in-fact on September 21, 2026.

What Was Disclosed

Molly D Kannan disclosed the acquisition of dividend equivalent rights on three RSU tranches tied to grants from 2024, 2025, and 2026, all at $0 price, with vesting dates ranging from March 31, 2027 through March 31, 2029.