Steel Dynamics Inc officer Barry Schneider sells $12.4M of stock, cutting stake 20%

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.

The sale

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

View the Form 4 on SEC.gov

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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.