Steel Dynamics co-founder Richard Teets and director Gabriel Shaheen retiring from board

Filed March 27, 2026 · Period ending March 25, 2026 · ~1 min read

Key Changes

• medium

  Co-founder Richard P. Teets, Jr. retiring after 35+ years; pioneered thin-slab-casting technology and shaped company culture. Remains significant shareholder.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• medium

  Gabriel L. Shaheen retiring after 16+ years of service. Board size reducing from nine to seven members effective May 6, 2026 Annual Meeting.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• low

  Both retirements voluntary and planned; filing explicitly states neither resulted from disagreement with company operations, policies, or practices.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →