RICHARD P. TEETS JR - 10 Oct 2025 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Role
Director
Signature
/s/ Richard P. Teets, Jr.
Issuer symbol
STLD
Transactions as of
10 Oct 2025
Transactions value $
$0
Form type
4
Filing time
14 Oct 2025, 13:42:14 UTC
Previous filing
18 Sep 2025
Next filing
06 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
TEETS RICHARD P JR Director 7575 W. JEFFERSON BLVD., FORT WAYNE /s/ Richard P. Teets, Jr. 14 Oct 2025 0001195950

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STLD Common Stock Award $0 +12 +0% $0.00 4.98M 10 Oct 2025 Direct F1, F2, F3
holding STLD Common Stock 93.1K 10 Oct 2025 By spouse
holding STLD Common Stock 73K 10 Oct 2025 By Teets Family Foundation F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of common stock underlying additional deferred stock units (DSUs) issued to the reporting person as a dividend equivalent, in connection with this person's retainer as a director under the Company's 2023 Equity Incentive Plan (the "Plan"). This transaction is exempt from both the reporting requirements of Section 16(a), including Rule 16a-11, and the provisions of Section 16(b), by virtue of this dividend reinvestment feature of the Plan and the Company's existing Dividend Reinvestment Plan, as well as being exempt from Section 16(b) independently by virtue of Rule 16b-3(d)(1) and (3).
F2 Reportable as directly owned shares of common stock, rather than as a derivative security in Table II, because any and all underlying DSUs are payable, at such time as they are to be settled, solely in shares of common stock. (See Lincoln National Corp. (March 20, 1992) Q.3).
F3 Includes shares resulting from reinvestment of dividends on any underlying DSUs included in this total.
F4 Represents securities held by the Teets Family Foundation, a charitable foundation of which the reporting person is a member and director. The reporting person has voting and investment power over all securities owned by the foundation.