STEEL DYNAMICS INC — Director's Dealing 2023

Apr 6, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEEL DYNAMICS INC (STLD)
CIK: 0001022671
Period of Report: 2023-04-06

Reporting Person: MILLETT MARK D (Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-06	Common Stock	G	109800	—	Disposed	0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2902911	Direct

Footnotes

F1: On March 24, 2020, the reporting person contributed 150,000 shares of Steel Dynamics, Inc. common stock to a grantor retained annuity trust (GRAT), of which he is the sole trustee and annuitant, constituting a mere change in the form of beneficial ownership, exempt from both the reporting requirements of Section 16(a) and the short-swing profit recovery provisions of Section 16(b) by reason of Rule 16a-13. Previously, 40,200
shares of Steel Dynamics, Inc. common stock were distributed to reporting person in satisfaction of the GRAT's annuity obligations, and previously reported on separate Form 4s, constituting a mere change of beneficiary ownership, exempt from both the reporting requirements and short-swing profits provision pursuant to SEC Rule 16a-13. Upon termination of the trust, 109,800 shares were transferred on April 6, 2023 to the reporting person's children, as beneficiaries under the trust.