Insider and congress filings

Steel Dynamics, Inc. (STLD)

NASDAQ · Basic Materials · 388 insider transactions · 16 congress trades · last filed 18 days agoS&P 500

5
Open-market insider filings shown
1d
Median delay on the insider filings, in business days
within the two business day rule
0 buys·5 sells
Purchases and sales in the filings shown
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About Steel Dynamics, Inc.

from the company's filings and listing, as of Oct 25, 2026
Exchange
NASDAQ
Sector
Basic Materials
Industry
Steel
Chief executive
Mark D. Millett
Employees
14,400
Listed since
Nov 22, 1996
Market value
$34.6B
Price to earnings (12 mo)
17.7
Net income per share, as reported (12 mo)
$13.70
Dividend yield
0.87%

www.steeldynamics.com

Earnings

6 reported quarters · next on Jan 25, 2027
QuarterEPSEPS expectedRevenueRevenue expectedResult
Q3 FY2026reported Oct 19, 2026$5.26$5.48$6.5B$6.4BEPS miss, GAAPRevenue in line
Q2 FY2026reported Jul 20, 2026$3.69$3.63$6.1B$5.6BEPS beat, GAAPRevenue beat
Q1 FY2026reported Apr 22, 2026$2.78$2.84$5.2B$5.1BEPS miss, GAAPRevenue beat
Q4 FY2025reported Jan 26, 2026$1.82$1.70$4.4B$4.6BEPS beatRevenue miss
Q3 FY2025reported Oct 20, 2025$2.74$2.63$4.8B$4.8BEPS beat, GAAPRevenue in line
Q2 FY2025reported Jul 21, 2025$2.01$2.24$4.6B$4.7BEPS miss, GAAPRevenue miss

Actual against the consensus estimate at the time. A flag marks a beat or a miss of more than 1.5% either way; inside that band the quarter is in line. A flag marked GAAP compares a GAAP figure the company reported with an adjusted consensus, two different measures, so a one-time gain or charge can move it either way. A flag reads n/a only when a number is missing. Quarterly EPS is the figure set against the consensus, usually adjusted, so the quarters need not add up to the 12-month net income per share above. An estimate is a forecast made by analysts, not a company target.

Executive pay

as filed for fiscal 2025 · proxy filed Mar 27, 2026
ExecutiveSalaryStock awardsOtherTotal
Mark D. MillettChairman and Chief Executive Officer$1.5M$5.1M$5.4M$12.1M
Barry T. SchneiderPresident and Chief Operating Officer$925K$2.8M$3.3M$7.0M
Theresa E. WaglerExecutive Vice President, Chief Financial Officer and Corporate Secretary$850K$2.6M$3.0M$6.5M
Christopher A. GrahamSenior Vice President Flat Roll Steel Group$705K$2.1M$1.5M$4.2M

The summary compensation table from the proxy statement for fiscal 2025, with titles as filed then. Executives who have since left are not shown. Read the filing

Institutional holders

13F positions as of Jun 30, 2026
HolderValueSharesShares vs prior qtr% of shares out
BlackRock, Inc.$2.8B12,396,4990.0%8.59%
Vanguard Capital Management LLC$2.0B8,902,216-0.8%6.17%
FMR LLC$1.8B7,720,913+75.0%5.35%
State Street Corp$1.7B7,376,476-1.8%5.09%
Vanguard Portfolio Management LLC$1.6B6,755,104-0.8%4.68%
Geode Capital Management, LLC$863.6M3,778,189-1.5%2.62%
Capital Research Global Investors$835.2M3,639,878+0.2%2.52%
Morgan Stanley$767.7M3,345,568+6.2%2.32%
Norges Bank$568.2M2,476,326New1.71%
Life Cycle Investment Partners Ltd$527.5M2,298,976-14.7%1.59%
Nordea Investment Management AB$519.6M2,249,235+1.5%1.56%
T. Rowe Price Associates, Inc.$488.9M2,130,688+0.4%1.48%

A 13F reports long US equity positions and is filed within 45 days of the quarter end, so these are positions as they stood on Jun 30, 2026. New: not in this holder's prior 13F as reported; a change of filer ID can also show as new. For a manager's whole book see the fund directory. What a 13F covers and leaves out is explained in our guide to Form 13F.

Tracked fund managers holding STLD

3 managers
ManagerValueSharesShare of book
Holocene Advisors$378.3M1,648,7530.9%
Ray DalioBridgewater Associates$86.8M378,4900.4%
PointState Capital$17.0M74,2160.2%

3 of the 97 fund managers we track list STLD shares among the largest positions in their latest 13F, filed for Q2 2026. A manager can hold it further down the book too, so this is a floor, not a count. Share of book is the position against the manager's whole disclosed 13F value.

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Open-market insider trades

5 filings shown · newest filing first
InsiderActionSharesPriceValueTrade dateDelay
(business days)
James Stanley AndersonSenior Vice PresidentSold · 4 lines10,000$268.70$2.7MJun 5, 2026filed Jun 8, 20261d
Christopher A. GrahamSenior Vice PresidentSold · 3 lines9,000$236.81$2.1MMay 13, 2026filed May 15, 20262d
Richard A. PoinsatteSenior Vice PresidentSold2,300$234.11$538KMay 12, 2026filed May 14, 20262d
Kenneth W. CornewDirectorSold · 2 lines5,000$224.87$1.1MApr 23, 2026filed Apr 24, 20261d
Miguel AlvarezSenior Vice PresidentSold · 3 lines4,825$225.58$1.1MApr 23, 2026filed Apr 24, 20261d

One row is one filing, newest filing first. A filing that reported its trade in several tranches is summed, priced at the weighted average, and marked with its line count. The delay counts business days from the trade to the filing, the unit of Form 4's two business day deadline: weekends and federal holidays are skipped. How the filing itself works is explained in our guide to Form 4.

Other Form 4 activity (20)
InsiderEventSharesDate
Sheree L. BargabosDirectorStock award40Oct 9, 2026
Kenneth W. CornewDirectorStock award2Oct 9, 2026
Traci M. DolanDirectorStock award97Oct 9, 2026
Jennifer L. HamannDirectorStock award18Oct 9, 2026
Bradley S. SeamanDirectorStock award105Oct 9, 2026
Luis Manuel SierraDirectorStock award7Oct 9, 2026
Jennifer L. HamannDirectorStock award72Aug 13, 2026
Mark D. MillettChairman and CEOGift300Jul 28, 2026
Sheree L. BargabosDirectorStock award43Jul 10, 2026
Kenneth W. CornewDirectorStock award2Jul 10, 2026
Traci M. DolanDirectorStock award102Jul 10, 2026
Jennifer L. HamannDirectorStock award18Jul 10, 2026
Bradley S. SeamanDirectorStock award109Jul 10, 2026
Luis Manuel SierraDirectorStock award7Jul 10, 2026
Luis Manuel SierraDirectorStock award712Jun 1, 2026
Sheree L. BargabosDirectorStock award712Jun 1, 2026
Kenneth W. CornewDirectorStock award712Jun 1, 2026
Traci M. DolanDirectorStock award712Jun 1, 2026
Jennifer L. HamannDirectorStock award712Jun 1, 2026
Bradley S. SeamanDirectorStock award712Jun 1, 2026

Awards, option exercises, shares withheld to cover tax and gifts all file on the same form as a purchase or a sale. None of them is a decision to trade, so they sit here rather than beside the ones that are.

Congress trades in STLD

16 disclosures of 16 on record · median 30d of the 45 allowed

Since the trade: the stock's move from its estimated entry price (a purchase) or estimated exit price (a sale) to its current price, the latest close we hold. Not the member's result.

MemberTypeActionAmount disclosedSince the tradeTrade dateDisclosedDelay
Ro KhannaStockSale$1,001 - $15,000+5.2% since the saleEstimated exit price $229.62, close on Tue Jul 7Current price $241.53, close on Fri Oct 23Jul 7, 2026Aug 7, 202631d
Alan ArmstrongSelfStockPurchase$1,001 - $15,000+41.3% since the tradeEstimated entry price $170.97, close on Fri Mar 27Current price $241.53, close on Fri Oct 23Mar 27, 2026Jul 21, 2026116d
Ro KhannaStockPurchase$1,001 - $15,000+5.3% since the tradeEstimated entry price $229.27, close on Fri May 1Current price $241.53, close on Fri Oct 23May 1, 2026Jun 9, 202639d
Gilbert Ray Cisneros, Jr.StockPurchase$1,001 - $15,000+42.7% since the tradeEstimated entry price $169.27, close on Fri Jan 9Current price $241.53, close on Fri Oct 23Jan 9, 2026Feb 13, 202635d
Ro KhannaStockSale$1,001 - $15,000+99.0% since the saleEstimated exit price $121.36, close on Mon Aug 4, 2025Current price $241.53, close on Fri Oct 23Aug 4, 2025Sep 9, 202536d
Ro KhannaStockSale$1,001 - $15,000+89.7% since the saleEstimated exit price $127.34, close on Fri Apr 25, 2025Current price $241.53, close on Fri Oct 23Apr 25, 2025May 12, 202517d
Ro KhannaStockSale$1,001 - $15,000+95.5% since the saleEstimated exit price $123.53, close on Wed Mar 12, 2025Current price $241.53, close on Fri Oct 23Mar 12, 2025Apr 10, 202529d
Ro KhannaStockPurchase$1,001 - $15,000+92.8% since the tradeEstimated entry price $125.25, close on Thu Mar 6, 2025Current price $241.53, close on Fri Oct 23Mar 6, 2025Apr 10, 202535d
Ro KhannaStockPurchase$1,001 - $15,000+80.9% since the tradeEstimated entry price $133.48, close on Tue Feb 25, 2025Current price $241.53, close on Fri Oct 23Feb 25, 2025Mar 6, 20259d
Ro KhannaStockSale$1,001 - $15,000n/aAug 5, 2024Sep 6, 202432d
Ro KhannaStockPurchase$50,001 - $100,000n/aJun 20, 2024Jul 8, 202418d
Ro KhannaStockPurchase$15,001 - $50,000n/aJun 24, 2024Jul 8, 202414d
Ro KhannaStockSale$1,001 - $15,000n/aMay 23, 2023Jun 12, 202320d
Ro KhannaStockPurchase$1,001 - $15,000n/aNov 3, 2022Dec 6, 202233d
Virginia FoxxJointStockSale$15,001 - $50,000n/aDec 10, 2018Jan 7, 201928d
Virginia FoxxJointStockPurchase$50,001 - $100,000n/aMar 14, 2018Apr 11, 201828d

Estimated prices are the stock's closing price on the trade date. A disclosure gives a value band, not the price paid. Not investment advice. After a sale a positive figure means the stock kept rising after it.

A delay above 45 days is the gap between the dates on the report; we mark a filing late only after checking it.

Every Congress trade in STLD, filterable by party, chamber, type and account.

Members of Congress reporting a position

2 members · estimate, as of Oct 24, 2026

2 members report a position (estimated). The largest estimated position is in the $15,001 - $50,000 band.

MemberParty, chamberEstimated positionShare of their portfolio
Robert BresnahanRepublican · House$15,001 - $50,0000.3%
Gilbert Ray Cisneros, Jr.Democrat · House$1,001 - $15,000<0.1%

Estimate, as of Oct 24, 2026. Each position is modelled from the member's disclosed transactions and annual filings: the midpoint of each disclosed band, marked to the latest close we hold. It is a rough estimate of a reported position, not a figure from a filing, which is why it is shown as a band. Share of portfolio sets that estimate against the member's whole estimated public-stock portfolio.

Questions

Are insiders buying or selling STLD?

Across the 5 most recent open-market filings shown here, 0 were purchases and 5 were sales.

Which members of Congress have traded STLD?

Ro Khanna, Alan Armstrong, Gilbert Ray Cisneros, Jr. and Virginia Foxx disclosed STLD transactions in the filings shown here.

Which members of Congress hold STLD?

2 members of Congress report a position in STLD in the estimate we hold as of Oct 24, 2026. The estimated positions belong to Robert Bresnahan and Gilbert Ray Cisneros, Jr. The estimate is built from disclosed transactions and annual filings, so it is shown as a band rather than a figure from a filing.

Is STLD in the S&P 500 or the Nasdaq 100?

Steel Dynamics, Inc. is a current member of the S&P 500, per the membership list we hold as of Oct 27, 2026. Current members of either index get a page here whatever their filing history.

How quickly are STLD trades disclosed?

Insider filings on this page reached the public a median of 1 business day after the transaction (weekends and federal holidays skipped), against the two business days Form 4 allows. Congressional disclosures took a median of 30 days, against the 45 the STOCK Act allows.

How to read a Form 4

A DECISION THE INSIDER MADE

POpen-market purchase. Bought with their own money at the market price.
SOpen-market sale. Sold on the market. A sale marked scheduled was set up in advance under a Rule 10b5-1 plan, often months before.

COMPENSATION PLUMBING

AStock award. Granted as pay, not bought.
MOption exercise. Converting options already held into shares.
FTax withholding. Shares handed back to the company to pay the tax on a grant.
GGift. Given away, with no money changing hands.

Congress rows disclose a value range rather than an exact amount, and the STOCK Act allows up to 45 days to report. Full sourcing and the limits of this data are on the methodology page. A filing is a record of a transaction, not a signal, and nothing here is investment advice.

Data as of Oct 27, 2026.

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