Steel Dynamics Inc officer Barry Schneider sells $12.4M of stock, cutting stake 20%
After the sale, the filing lists 196,399 shares held.
A Form 4 filed on Nov 4 shows Barry Schneider (Executive Vice President & CTO) selling 50,000 Steel Dynamics Inc shares worth $12.4 million on Nov 3.
The filing does not mark the sale as made under a Rule 10b5-1 trading plan. The insider still holds 196,399 shares after the sale, 20% fewer than before.
The trade was reported within two business days, as Section 16 requires.
The numbers below are taken from the Form 4 as filed with the SEC.
| Company | Steel Dynamics Inc (STLD) |
|---|---|
| Insider | Barry Schneider |
| Role | Executive Vice President & CTO |
| Transaction | Open-market sale (code S) |
| Shares | 50,000 |
| Average price | $248.91 |
| Value | $12,445,466 |
| Trade date | Nov 3, 2026 |
| Filed with the SEC | Nov 4, 2026, 1:06 PM ET |
| Shares held after | 196,399 |
| Ownership | Direct |
| Rule 10b5-1 plan | Not marked in the filing |
View this Form 4 in Insider Stock Trader
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Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.
