Form 4: Olympic Steel CEO Richard T. Marabito Reports Stock Transactions
SEC Form 4 Filing
Richard T. Marabito, CEO of Olympic Steel, reports acquisition and disposal of company stock on February 18, 2025.
Summary
- On February 18, 2025, Richard T. Marabito, the CEO of Olympic Steel Inc. (ZEUS), reported transactions involving the company's common stock.
- Marabito acquired 16,500 shares of common stock.
- He also disposed of 7,484 shares to cover tax obligations at a price of $36.14 per share.
- Following these transactions, Marabito directly owns 58,690 shares of Olympic Steel.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the CEO's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of stock acquisition and disposal transactions. |
| 02/20/2025 | Date of signature by Attorney-In-Fact. |
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