Form 4 Filing for Michael Ralph S III - Cleveland-Cliffs Inc.

This Form 4 filing details a transaction by Michael Ralph S III, a director at Cleveland-Cliffs Inc. On April 21, 2026, 15,334 restricted Common Shares were granted to Mr. Ralph under the 2021 Nonemployee Directors' Compensation Plan. Following this grant, Mr. Ralph now directly owns 233,420 shares. The transaction code "A" indicates an acquisition, and the price per share was $0.0, as indicated by the footnote referencing the restricted share grant. The filing was signed on April 23, 2026, by James D. Graham, acting under power of attorney.