Company: ZEUS
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001437749-25-014325
Chunk: 14

Company: OLYMPIC STEEL INC
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 8
Chunk 14
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U expense before taxes  $546  $479 
 RS and RSU expense after taxes  $382  $350 

   All pre-tax charges related to RSs and RSUs were included in the caption “Administrative and general” on the accompanying Consolidated Statements of Comprehensive Income.
    
   The following table summarizes the activity related to RSs for the three months ended  March 31, 2025 and 2024, respectively:

       As of March 31, 2025    As of March 31, 2024  
   Number of    Weighted Average    Number of    Weighted Average  
   Shares    Granted Price    Shares    Granted Price  
 Outstanding at December 31   6,702  $65.65   -  $- 
 Granted   21,336   30.93   10,050   65.65 
 Outstanding at March 31   28,038  $39.23   10,050  $65.65 
 Vested at March 31   3,348  $65.65   -  $- 

   The following table summarizes the activity related to RSUs for the three months ended  March 31, 2025 and 2024, respectively:

       As of March 31, 2025    As of March 31, 2024  
   Number of    Weighted Average    Number of    Weighted Average  
   Shares    Granted Price    Shares    Granted Price  
 Outstanding at December 31   691,241  $22.61   662,103  $20.28 
 Granted   40,000   32.81   34,486   66.70 
 Converted into shares   (40,000)  23.50   -   - 
 Forfeited   (274)  13.29   (2,570)  16.99 
 Outstanding at March 31   690,967  $23.16   694,019  $22.60 
 Vested at March 31   576,481  $19.16   529,725  $20.10 

    12.  Income Taxes: 

   For the