Insider trade

Officer sold ~$538K of STLD shares in the open market

Traded May 12, 2026 · Filed May 14, 2026

Steel DynamicsSTLD

~$538K
Reported value · 2,300 sh @ $234.11: 29K
Holds after · shares reported: -2.9%
stock since the trade · S&P 500 +3.5%, $232.80 → $226.17 on Oct 1

Why it stands out

Steel Dynamics's Senior Vice President sold $538K of Steel Dynamics shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: May 12, 2026
Reporting period: Not applicable
Filed with the SEC: May 14, 2026

Officer$500K–$1M

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$538,453

Shares × reported transaction price

Timing vs results

21 days after results of Apr 21, 2026, 70 days before results of Jul 21, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $232.80 on May 12, 2026, within 4% of its 52-week high, after a 36% rise over the previous 30 trading days

52-week range $121.36 (Aug 4, 2025) to $241.85 (May 6, 2026), 92% of the way up, from 251 adjusted closes. 30 trading days earlier: $171.78 on Mar 30, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+4.7%	+0.9%	+3.8%
30 days	+18.7%	+2.1%	+16.6%
90 days	+13.6%	+5.2%	+8.4%

Past results only. Not a forecast.

Source receipt

Record ID: 0001022671-26-000111
Filed / recorded: May 14, 2026, 2:27 PM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: STEEL DYNAMICS INC
Issuer CIK: 1022671
Ticker: STLD
Reporting person: Richard A Poinsatte
Relationship: Officer
Officer title: Senior Vice President
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: May 12, 2026
Transaction code: S
Shares / units: 2,300
Price per share: $234.11
Acquired / disposed: Disposed (D)
Shares owned after: 28,618
Ownership form: Direct
Amendment: No

Around the same time

Officer sold4mo ago

~$294KReported value · 1,100 sh @ $267.35

Steel Dynamics's Senior Vice President sold $294K of Steel Dynamics shares. Nobody planned it ahead of time.

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Officer sold4mo ago

~$1.12MReported value · 4,177 sh @ $268.42

Steel Dynamics's Senior Vice President sold $1.12M of Steel Dynamics shares. Nobody planned it ahead of time.

Why it stands out Official record

Officer sold4mo ago

~$1.18MReported value · 4,401 sh @ $269.22

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Why it stands out Official record