Compensation award — excluded from discretionary-purchase analysis.
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 OwnershipAll the details
Dates, kept separate
Transaction date
Jan 9, 2026
Reporting period
Not applicable
Filed with the SEC
Jan 12, 2026
DirectorGrant / award
Context
Classification
grant award
Code A — grant or award
Planned / mechanical clue
Footnote references dividend reinvestment
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001022671-26-000012
Filed / recorded
Jan 12, 2026, 9:29 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
Kenneth W. Cornew
Relationship
Director
Security
Common Stock
Table
Non-derivative (Table I)
Transaction date
Jan 9, 2026
Transaction code
A
Shares / units
5
Price per share
$0.00
Acquired / disposed
Acquired (A)
Shares owned after
36,294
Ownership form
Direct
Amendment
No
Footnotes from the filing
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).
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).
Includes shares resulting from reinvestment of dividends on any underlying DSUs included in this total.
