secwatch.observer — SEC 8-K summary
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Issuer:     Ryerson Holding Corp (RYZ)
CIK:        0001481582
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001193125-23-050742
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ryerson principal shareholder launches 2.49M share secondary; company to repurchase 1.51M shares
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- Selling Stockholder (Platinum Equity affiliate) to sell 2,486,580 shares; Ryerson receives no proceeds.
- Ryerson to repurchase 1,513,420 shares from same stockholder concurrently, using cash on hand.
- J.P. Morgan sole underwriter; offering and repurchase expected to close Feb 28, 2023.
- Company bears costs of sale other than underwriting discounts and commissions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1481582/000119312523050742/0001193125-23-050742-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1481582/000119312523050742/d473180d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-050742

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer