Mark S. Silver, Executive Vice President and Chief Legal/Risk Officer of Ryerson Holding Corp, filed a Form 4 on September 21, 2026, reporting the acquisition of restricted stock unit dividend equivalent rights on September 17, 2026.

Key Highlights

  • Reporting person: Mark S. Silver, EVP and Chief Legal/Risk Officer of Ryerson Holding Corp (NYSE:RYZ)
  • Three separate acquisitions: 22.539, 52.213, and 75.722 restricted stock units acquired on September 17, 2026, each at a price of $0
  • Nature of units: All acquired units represent dividend equivalent rights that accrued on previously granted restricted stock units, not open-market purchases
  • Resulting ownership: Following the transactions, Silver beneficially owned 2,989.267, 6,924.745, and 10,042.735 restricted stock units, respectively, in each corresponding award tranche
  • Vesting schedules: The three tranches vest on dates ranging from March 31, 2027 through March 31, 2029, tied to grants originally made on March 31, 2024, March 31, 2025, and March 31, 2026
  • Each RSU: Represents a contingent right to receive one share of common stock of Ryerson Holding Corporation, according to the filing

Mark S. Silver's Dividend Equivalent Rights Accrual at Ryerson Holding

According to the filing, Mark S. Silver reported three acquisitions of restricted stock units, all occurring on September 17, 2026, each coded as an acquisition (A) under Table II covering derivative securities. The filing states that each unit acquired represents a dividend equivalent right that "accrued when and as dividends are paid on the common shares underlying the applicable restricted share units," and that these rights "vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units to which they relate."

The first acquisition of 22.539 units relates to restricted stock units granted on March 31, 2024, and outstanding as of September 17, 2026. According to the filing, these unvested units and their associated dividend equivalent rights will vest on March 31, 2027. The second acquisition of 52.213 units relates to restricted stock units granted on March 31, 2025, with vesting on March 31, 2027 and March 31, 2028. The third acquisition of 75.722 units relates to restricted stock units granted on March 31, 2026, with vesting scheduled on March 31, 2027, March 31, 2028, and March 31, 2029.

All three transactions were reported at a price of $0, consistent with their nature as accrued dividend equivalents rather than purchased securities. The filing reflects direct ownership for all three tranches. The Form 4 was signed by Camilla Rykke Merrick as attorney-in-fact on September 21, 2026.

What Was Disclosed

The filing disclosed that Silver acquired a combined 150.474 restricted stock units as dividend equivalent rights across three RSU grant tranches on September 17, 2026, with resulting direct beneficial ownership in each tranche reported separately.