secwatch.observer — SEC 8-K summary
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Issuer:     OLYMPIC STEEL INC (—)
CIK:        0000917470
Form:       8-K
Filed at:   2026-02-13T23:59:59+00:00
Accession:  0001193125-26-051373
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Olympic Steel completes merger with Ryerson; each share converted to 1.7105 RYI shares
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- Merger closed Feb 13, 2026; Olympic became wholly owned subsidiary of Ryerson Holding.
- Each ZEUS share converted to 1.7105 Ryerson common shares; ~19.5M RYI shares issued.
- ZEUS delisted from Nasdaq as of close of trading on Feb 13, 2026.
- All prior directors resigned; Andrea C. Okun and Mark Silver appointed as directors.
- Existing credit agreement with Bank of America terminated; all obligations repaid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/917470/000119312526051373/0001193125-26-051373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/917470/000119312526051373/d37005d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-051373

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