Insider trade

Officer sold ~$861K of STLD shares in the open market

Traded Apr 23, 2026 · Filed Apr 24, 2026

Steel DynamicsSTLD

~$861K
Reported value · 3,825 sh @ $225.11: 123K
Holds after · shares reported: +0.5%
stock since the trade · S&P 500 +7.8%, $225.05 → $226.17 on Oct 1

Why it stands out

Steel Dynamics's Senior Vice President sold $861K 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: Apr 23, 2026
Reporting period: Not applicable
Filed with the SEC: Apr 24, 2026

Officer$500K–$1M

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$861,046

Shares × reported transaction price

Timing vs results

2 days after results of Apr 21, 2026, 89 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 $225.05 on Apr 23, 2026, within 2% of its 52-week high, after a 22% rise over the previous 30 trading days

52-week range $121.36 (Aug 4, 2025) to $227.46 (Apr 22, 2026), 98% of the way up, from 251 adjusted closes. 30 trading days earlier: $184.26 on Mar 11, 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	+2.1%	+0.4%	+1.7%
30 days	+14.7%	+4.9%	+9.8%
90 days	+11.2%	+3.3%	+7.9%

Past results only. Not a forecast.

Source receipt

Record ID: 0001022671-26-000100
Filed / recorded: Apr 24, 2026, 7:16 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: Miguel Alvarez
Relationship: Officer
Officer title: Senior Vice President
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Apr 23, 2026
Transaction code: S
Shares / units: 3,825
Price per share: $225.11
Acquired / disposed: Disposed (D)
Shares owned after: 123,257
Ownership form: Direct
Amendment: No

Footnotes from the filing

The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.00 to $225.53, inclusive. The reporting person undertakes to provide to Steel Dynamics, Inc., any securityholder of Steel Dynamics, Inc. or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.