Company insider dossier

Steel Dynamics Inc insider intelligence

STLD filings assessed for conviction, transaction quality, insider breadth, clustering, freshness, and price confirmation.

Terminal chart Weekly report Factor intelligence Basic Materials Steel Data API
12/100

Concentrated distribution

77/100 confidence
Exchange
NASDAQ
Sector
Basic Materials
Industry
Steel
Latest evidence
13 Aug 2026

Investment committee read

Concentrated distribution

Priced common-share disposals are concentrated enough to warrant review, but they are not treated as a standalone bearish forecast.

Review exposure and filing context

Evidence in favour

  • Participation spans 14 named insiders rather than one filing source.

Decision risks

  • Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight.
  • The latest qualifying filing is more than 30 days old.
Conviction12Concentrated distribution
Confidence77Well supported
Named insiders14participating in the tape
Controlled events14directional common-share events
Acquisition value$0normalized amount
Disposal value$7.6Mnormalized amount

Price confirmation map

Weekly price with common-share events

Acquisitions and disposals are aligned to the nearest completed weekly bar.

282.11238.52194.93151.35107.76 Acquisition · 13 Aug 2026 · Not reportedDisposal · 28 Jul 2026 · Not reportedAcquisition · 10 Jul 2026 · Not reportedAcquisition · 10 Jul 2026 · Not reportedAcquisition · 10 Jul 2026 · Not reportedAcquisition · 10 Jul 2026 · Not reportedAcquisition · 10 Jul 2026 · Not reportedAcquisition · 10 Jul 2026 · Not reportedDisposal · 5 Jun 2026 · $1.2MDisposal · 5 Jun 2026 · $1.1MDisposal · 5 Jun 2026 · $294.1KDisposal · 5 Jun 2026 · $86.9KAcquisition · 1 Jun 2026 · Not reportedAcquisition · 1 Jun 2026 · Not reportedAcquisition · 1 Jun 2026 · Not reportedAcquisition · 1 Jun 2026 · Not reportedAcquisition · 1 Jun 2026 · Not reportedAcquisition · 1 Jun 2026 · Not reportedDisposal · 14 May 2026 · Not reportedDisposal · 13 May 2026 · $711.0KDisposal · 13 May 2026 · $710.9KDisposal · 13 May 2026 · $709.3KDisposal · 12 May 2026 · $538.5KAcquisition · 6 May 2026 · Not reportedAcquisition · 6 May 2026 · Not reportedAcquisition · 6 May 2026 · Not reportedDisposal · 1 May 2026 · $38.0KDisposal · 23 Apr 2026 · $1.1MDisposal · 23 Apr 2026 · $861.0KDisposal · 23 Apr 2026 · $159.5KDisposal · 23 Apr 2026 · $67.9KDisposal · 23 Apr 2026 · $45.1KAcquisition · 10 Apr 2026 · Not reportedAcquisition · 10 Apr 2026 · Not reportedAcquisition · 10 Apr 2026 · Not reportedAcquisition · 10 Apr 2026 · Not reportedAcquisition · 10 Apr 2026 · Not reportedAcquisition · 10 Apr 2026 · Not reportedAcquisition · 10 Apr 2026 · Not reportedAcquisition · 10 Apr 2026 · Not reported
Mar 2025Sep 2026
Weekly closeCommon-share acquisitionCommon-share disposal

Market confirmation

Price and trend context

Latest close
239.79 USD
One-week move
-0.9%
Four-week move
-6.2%
Fair-value gap
+61.8%
Trend signal
Active
Relative strength
10.3

Directional balance

Controlled event mix

0.0%acquisition
Acquisition events
0
Disposal events
14
Net value
-$7.6M

Cadence

Twelve-week filing pressure

Volume shows attention. Controlled events determine direction.

029 Jun
606 Jul
013 Jul
020 Jul
127 Jul
003 Aug
110 Aug
017 Aug
024 Aug
031 Aug
007 Sep
014 Sep

Named participants

Insider conviction by person

BARGABOS, SHEREE LDirector500 events
DOLAN, TRACI MDirector500 events
HAMANN, JENNIFER LDirector500 events
SEAMAN, BRADLEY SDirector500 events
SIERRA, LUIS MANUELDirector500 events
MILLETT, MARK DDirector, Chairman and CEO500 events
SHAHEEN, GABRIELDirector500 events
TEETS, RICHARD P JRDirector500 events
BICKFORD, CHADVice President281 events
POINSATTE, RICHARD ASenior Vice President281 events
CORNEW, KENNETH W.Director252 events
ALVAREZ, MIGUELSenior Vice President223 events

Evidence quality

Security and transaction context

Common equity40
Equity compensation0
Options and derivatives0
Other securities0

Role architecture

Who is participating

Director26
Other executive13
CEO and chair1

Transaction evidence

Auditable STLD filing ledger

Showing 1 to 30 of 40.

HAMANN, JENNIFER LDirector
AcquisitionCommon equity
72 sharesCommon Stock
Not reportedContext evidence
MILLETT, MARK DDirector, Chairman and CEO
DisposalCommon equity
300 sharesCommon Stock
Not reportedContext evidence
BARGABOS, SHEREE LDirector
AcquisitionCommon equity
43 sharesCommon Stock
Not reportedContext evidence
CORNEW, KENNETH W.Director
AcquisitionCommon equity
2 sharesCommon Stock
Not reportedContext evidence
DOLAN, TRACI MDirector
AcquisitionCommon equity
102 sharesCommon Stock
Not reportedContext evidence
HAMANN, JENNIFER LDirector
AcquisitionCommon equity
18 sharesCommon Stock
Not reportedContext evidence
SEAMAN, BRADLEY SDirector
AcquisitionCommon equity
109 sharesCommon Stock
Not reportedContext evidence
SIERRA, LUIS MANUELDirector
AcquisitionCommon equity
7 sharesCommon Stock
Not reportedContext evidence
ANDERSON, JAMES STANLEYSenior Vice President
DisposalCommon equity
4401 sharesCommon Stock
$1.2MDirectional evidence
ANDERSON, JAMES STANLEYSenior Vice President
DisposalCommon equity
4177 sharesCommon Stock
$1.1MDirectional evidence
ANDERSON, JAMES STANLEYSenior Vice President
DisposalCommon equity
1100 sharesCommon Stock
$294.1KDirectional evidence
ANDERSON, JAMES STANLEYSenior Vice President
DisposalCommon equity
322 sharesCommon Stock
$86.9KDirectional evidence
BARGABOS, SHEREE LDirector
AcquisitionCommon equity
712 sharesCommon Stock
Not reportedContext evidence
CORNEW, KENNETH W.Director
AcquisitionCommon equity
712 sharesCommon Stock
Not reportedContext evidence
DOLAN, TRACI MDirector
AcquisitionCommon equity
712 sharesCommon Stock
Not reportedContext evidence
HAMANN, JENNIFER LDirector
AcquisitionCommon equity
712 sharesCommon Stock
Not reportedContext evidence
SEAMAN, BRADLEY SDirector
AcquisitionCommon equity
712 sharesCommon Stock
Not reportedContext evidence
SIERRA, LUIS MANUELDirector
AcquisitionCommon equity
712 sharesCommon Stock
Not reportedContext evidence
POINSATTE, RICHARD ASenior Vice President
DisposalCommon equity
200 sharesCommon Stock
Not reportedContext evidence
GRAHAM, CHRISTOPHER ASenior Vice President
DisposalCommon equity
3000 sharesCommon Stock
$711.0KDirectional evidence
GRAHAM, CHRISTOPHER ASenior Vice President
DisposalCommon equity
3001 sharesCommon Stock
$710.9KDirectional evidence
GRAHAM, CHRISTOPHER ASenior Vice President
DisposalCommon equity
2999 sharesCommon Stock
$709.3KDirectional evidence
POINSATTE, RICHARD ASenior Vice President
DisposalCommon equity
2300 sharesCommon Stock
$538.5KDirectional evidence
BARGABOS, SHEREE LDirector
AcquisitionCommon equity
158 sharesCommon Stock
Not reportedContext evidence
HAMANN, JENNIFER LDirector
AcquisitionCommon equity
79 sharesCommon Stock
Not reportedContext evidence
TEETS, RICHARD P JRDirector
AcquisitionCommon equity
158 sharesCommon Stock
Not reportedContext evidence
BICKFORD, CHADVice President
DisposalCommon equity
166 sharesCommon Stock
$38.0KDirectional evidence
CORNEW, KENNETH W.Director
DisposalCommon equity
4800 sharesCommon Stock
$1.1MDirectional evidence
ALVAREZ, MIGUELSenior Vice President
DisposalCommon equity
3825 sharesCommon Stock
$861.0KDirectional evidence
ALVAREZ, MIGUELSenior Vice President
DisposalCommon equity
700 sharesCommon Stock
$159.5KDirectional evidence

Reading the dossier

Direction and confidence are separate

Conviction

The 0 to 100 score classifies deduplicated priced common-share evidence. Fifty is balanced or non-directional.

Confidence

Confidence rises with controlled event depth, named-insider breadth, fresh evidence, normalized values, and a longer observation span.

Disposals

Selling is not treated as the mirror image of buying. It carries less directional weight because taxes, diversification, compensation, and planned transactions can all create sales.

Price confirmation

The market chart tests whether the filing thesis is being confirmed or rejected by price, fair-value position, relative strength, and the current trend state.

Independent market research for education. This classification is not investment advice, a recommendation, a forecast, or an execution instruction.

Evidence context