Insider trade

Officer sold ~$1.34M of STLD shares in the open market

Traded Oct 29, 2025 · Filed Oct 30, 2025

Steel DynamicsSTLD

~$1.34M
Reported value · 8,251 sh @ $162.79: 117K
Holds after · shares reported: +38.4%
stock since the trade · S&P 500 +11.1%, $163.47 → $226.17 on Oct 1

Why it stands out

Steel Dynamics's Senior Vice President sold $1.34M 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: Oct 29, 2025
Reporting period: Not applicable
Filed with the SEC: Oct 30, 2025

Officer$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$1,343,180

Shares × reported transaction price

Timing vs results

8 days after results of Oct 21, 2025, 90 days before results of Jan 27, 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 $163.47 on Oct 29, 2025, at its 52-week high, after a 19% rise over the previous 30 trading days

52-week range $109.21 (Apr 4, 2025) to $163.47 (Oct 29, 2025), 100% of the way up, from 250 adjusted closes. 30 trading days earlier: $136.85 on Sep 17, 2025. 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	-3.1%	-1.6%	-1.5%
30 days	+6.9%	-0.3%	+7.2%
90 days	+16.1%	+1.8%	+14.3%
180 days	+43.1%	+4.3%	+38.8%

Past results only. Not a forecast.

Source receipt

Record ID: 0001022671-25-000025
Filed / recorded: Oct 30, 2025, 3:42 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: Oct 29, 2025
Transaction code: S
Shares / units: 8,251
Price per share: $162.79
Acquired / disposed: Disposed (D)
Shares owned after: 117,068
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 $162.61 to $163.22, 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.

Around the same time

10mo ago

341Shares

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record

10mo ago

67Shares · @ $153.11

Routine share withholding; mechanical by default.

Why it stands out Official record

10mo ago

341Shares

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record