A Statement of Changes in Beneficial Ownership was filed on August 14, 2026, disclosing that Jennifer L. Hamann, a director of Steel Dynamics Inc., acquired shares of the company's common stock on August 13, 2026.

Key Highlights

  • Reporting person: Jennifer L. Hamann, identified as a Director of Steel Dynamics Inc. (NASDAQ:STLD).
  • Transaction date: August 13, 2026, with the filing submitted on August 14, 2026.
  • Shares acquired: 72 shares of common stock received at a price of $0.
  • Total beneficial ownership: 5,376 shares of common stock held directly following the transaction.
  • Nature of award: Shares issued as deferred stock units (DSUs) connected to the director's retainer under the Company's 2023 Equity Incentive Plan.
  • Settlement terms: The DSUs are payable solely in common stock at the time of settlement, according to the filing's explanation of responses.

Director Compensation Award Under Steel Dynamics' 2023 Equity Incentive Plan

According to the filing, the 72 shares were issued to Hamann as deferred stock units in connection with her retainer as a director of Steel Dynamics Inc., a steel producer listed on NASDAQ. The transaction was coded "A," indicating an acquisition, and the price recorded was $0, consistent with an equity award rather than an open-market purchase. The filing states the award was made under the Company's 2023 Equity Incentive Plan.

The filing notes the DSUs are "exempt from Section 16(b) by virtue of Rule 16b-3(d)(1) and (3)" but are nonetheless reportable. The explanation further states the units are treated as directly owned shares of common stock, rather than as derivative securities in Table II, "because any and all underlying DSUs are payable, at such time as they are to be settled, solely in common stock." Following the transaction, Hamann's total direct beneficial ownership stood at 5,376 shares of Steel Dynamics common stock, as reported in the filing. The document was signed by Theresa E. Wagler by power of attorney on August 14, 2026.

What Was Disclosed

The filing disclosed that director Jennifer L. Hamann received 72 shares of Steel Dynamics common stock on August 13, 2026, as DSUs tied to her director retainer, bringing her total direct beneficial ownership to 5,376 shares.