Steel Dynamics EVP & CTO Barry Schneider Sells $12.4M in STLD Stock

Executive Summary

On November 3, 2026, Barry Schneider, Executive Vice President & Chief Technology Officer of Steel Dynamics, Inc. ($STLD), executed open-market sales totaling 50,000 shares of common stock, generating gross proceeds of approximately $12.45 million.

Transaction Breakdown

The dispositions were executed across five tranches at weighted average prices ranging from $246.99 to $251.10:

• 2,116 shares at an average price of $246.99 ($246.46–$247.45)
• 12,563 shares at an average price of $248.07 ($247.46–$248.45)
• 24,202 shares at an average price of $249.05 ($248.46–$249.45)
• 9,819 shares at an average price of $249.76 ($249.46–$250.24)
• 1,300 shares at an average price of $251.10 ($250.86–$251.60)

Holdings & Context

• Pre-transaction Ownership: 246,399 direct shares
• Shares Sold: 50,000 shares (~20.3% of direct stake)
• Post-transaction Ownership: 196,399 direct shares
• Plan Details: The filing does not indicate that these sales were made pursuant to a Rule 10b5-1 trading plan (aff10b5One is marked 0).

Given the large transaction size (> $10M) and meaningful percentage reduction in personal holdings without a disclosed 10b5-1 plan, this transaction carries High trading significance.