Cleveland-cliffs Inc. insider trading
Every open-market purchase and sale by Cleveland-cliffs Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
| Date | Insider | Trade | Shares | Price | Value | 1M after | 3M after | 6M after |
|---|
Does following Cleveland-cliffs Inc.’s insiders pay?
From March 15, 2010 to October 23, 2026, 42 insiders reported 98 open-market purchases and 68 sales not made under a pre-set plan in Cleveland-cliffs Inc. Twelve months after each purchase was reported, the shares were −32.4% against the S&P 500 on average (median −38.9%), over 88 purchases with a full year of prices; 17% beat the index. After sales, the shares moved −28.1% against the index over 12 months (a negative figure means selling was the right call). Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on August 4, 2011 into $1,212 by November 2, 2026, −12.9% a year. It held shares 93% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $71,021 (+13.8% a year), and held throughout $82,105 (+14.8%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Goncalves Lourenco | Chairman, President & CEO | 12 | −17.7% (10) | 30% | 2 | −61.8% (1) | February 11, 2026 |
| Koci Keith | EVP & President, CC Services | 13 | −23.6% (12) | 17% | 0 | — | February 28, 2025 |
| Baldwin John T | Director | 11 | −40.7% (10) | 10% | 1 | −7.4% (1) | March 10, 2025 |
| Green Susan Miranda | Director | 0 | — | — | 9 | −28.5% (9) | March 15, 2024 |
| Taylor Douglas C | Director | 4 | −29.8% (4) | 25% | 5 | −42.4% (3) | June 13, 2024 |
| Fisher Robert P Jr | Director | 8 | −23.7% (7) | 14% | 0 | — | December 13, 2021 |
| Gallagher Donald J | EVP, Pres. Global Commercial | 0 | — | — | 8 | −34.6% (8) | November 7, 2013 |
| Goncalves Celso L Jr | EVP, CFO | 7 | −26.6% (7) | 0% | 1 | — | June 5, 2026 |
| Vetor Duke D | SVP, North Amer. Coal | 0 | — | — | 6 | −16.0% (6) | September 19, 2011 |
| Miller Janet L | Director | 5 | +3.5% (4) | 75% | 0 | — | September 8, 2022 |
| Paradie Terrance M | EVP & CFO | 0 | — | — | 5 | −19.3% (5) | March 13, 2013 |
| Rychel Eric M | Director | 5 | −17.2% (5) | 40% | 0 | — | August 28, 2019 |
| Smith Clifford T | EVP & Chief Operating Officer | 0 | — | — | 5 | −59.9% (4) | February 18, 2026 |
| Carrabba Joseph A | President & CEO | 0 | — | — | 4 | −37.3% (4) | November 4, 2013 |
| Graham James D | EVP Chief Legal Admin & Sec | 0 | — | — | 4 | −25.2% (4) | May 23, 2025 |
| Siegal Michael D | Director | 4 | −36.4% (4) | 25% | 0 | — | May 2, 2019 |
| Bloom Ron A. | Director | 2 | −67.3% (2) | 0% | 1 | −11.4% (1) | November 22, 2024 |
| Calfee William R | Exec. V.P. Commercial Projects | 0 | — | — | 3 | −8.7% (3) | March 3, 2011 |
| Gluski Andres | Director | 3 | −75.0% (3) | 0% | 0 | — | November 7, 2013 |
| Mehan Richard R. | SVP, Pres. & CEO Cliffs Asia-P | 0 | — | — | 3 | +10.0% (3) | November 8, 2010 |
| Michael Ralph S III | Director | 3 | −26.9% (3) | 0% | 0 | — | June 13, 2024 |
| Rutkowski Joseph A | Director | 3 | −27.2% (3) | 0% | 0 | — | May 1, 2017 |
| Stoliar Gabriel | Director | 3 | −43.3% (3) | 33% | 0 | — | May 2, 2017 |
| Tompkins P Kelly | EVP Legal Govt. Aff.& Sustain. | 3 | −77.8% (3) | 0% | 0 | — | May 11, 2012 |
| Boor William C | SVP, Global Ferroalloys. | 0 | — | — | 2 | −13.8% (2) | June 16, 2011 |
| Camara Edilson | Director | 2 | — | — | 0 | — | October 23, 2026 |
| Harlan M Ann | Director | 2 | −35.8% (1) | 0% | 0 | — | March 16, 2020 |
| Raguz Steven M | EVP Corp Strategy & Comm & CSO | 0 | — | — | 2 | −48.6% (2) | March 13, 2013 |
| Yocum Arlene M | Director | 2 | −38.2% (2) | 0% | 0 | — | March 7, 2024 |
| Arcelormittal North America Holdings LLC | Other | 0 | — | — | 1 | +44.6% (1) | February 25, 2021 |
| Baisden Steve R. | VP, Investor Relations & Comm. | 0 | — | — | 1 | −71.2% (1) | September 12, 2011 |
| Blake David B | SVP, NAIO Operations | 0 | — | — | 1 | −44.9% (1) | August 20, 2013 |
| Brlas Laurie | Executive VP and CFO | 0 | — | — | 1 | −7.9% (1) | November 10, 2010 |
| Cheverine Carolyn | GC, Corp. Affairs & Secretary | 1 | −72.0% (1) | 0% | 0 | — | December 2, 2011 |
| Cronin Jane M. | Director | 1 | −11.4% (1) | 0% | 0 | — | February 28, 2025 |
| Fedor Terry G. | EVP, Operations | 0 | — | — | 1 | −61.8% (1) | March 8, 2024 |
| Mee Terrence R | SVP Global Iron Ore & Metallic | 0 | — | — | 1 | −75.4% (1) | September 2, 2011 |
| Michaud James R | SVP, Human Resources | 1 | −88.2% (1) | 0% | 0 | — | May 22, 2012 |
| Oren Ben | Director | 1 | −62.3% (1) | 0% | 0 | — | June 13, 2024 |
| Ross Richard Andrew | Director | 1 | −62.9% (1) | 0% | 0 | — | August 12, 2011 |
When several insiders traded Cleveland-cliffs Inc.
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Cleveland-cliffs Inc. in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 14 buying crowds with six months of prices, it averaged −18.2% against the index. After 6 selling crowds, −13.5%. One company's history is too short to judge by; the test across every company is the better guide.
| Month | Crowd | 3 months on, vs S&P 500 | 6 months | 12 months |
|---|---|---|---|---|
| March 31, 2025 | 3 buying | −12.0% | +28.6% | −17.9% |
| June 28, 2024 | 6 buying | −22.4% | −50.0% | −58.5% |
| March 28, 2024 | 5 selling | −36.7% | −53.8% | −73.0% |
| May 31, 2023 | 5 buying | −0.1% | +12.2% | −3.5% |
| September 30, 2022 | 2 buying | +12.0% | +20.7% | −7.5% |
| April 29, 2022 | 2 buying | −31.4% | −42.5% | −41.5% |
| November 30, 2021 | 2 buying | +19.6% | +24.7% | −14.8% |
| May 28, 2021 | 2 buying | +13.6% | −1.4% | +22.0% |
| December 31, 2019 | 3 buying | −31.4% | −32.0% | +59.3% |
| May 31, 2019 | 3 buying | −14.7% | −20.7% | −49.4% |
| May 31, 2017 | 8 buying | +36.1% | +2.4% | +29.3% |
| November 30, 2016 | 5 buying | +6.0% | −47.3% | −47.1% |