Form 4: Olympic Steel CFO Reports Stock Transactions

Richard A. Manson, CFO of Olympic Steel, reports acquisition and disposal of company stock on February 18, 2025.

Summary

• Richard A. Manson, the Chief Financial Officer of Olympic Steel Inc. (ZEUS), filed a Form 4 with the SEC on February 20, 2025.
• The report details changes in his beneficial ownership of the company's common stock.
• On February 18, 2025, Manson acquired 4,500 shares of common stock.
• Also on February 18, 2025, Manson disposed of 2,004 shares of common stock at a price of $36.14 per share.
• Following these transactions, Manson directly owns 13,918 shares of Olympic Steel common stock.
• Additionally, he indirectly owns 3,810 shares held by his spouse and 1,565 shares held in a personal IRA.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their confidence in the company.

Stakeholder Impact

• Shareholders can use this information to assess management's perspective on the company's stock value.
• Employees may be interested in the trading activity of senior management.
• Creditors may monitor insider transactions as part of their overall risk assessment.

Key Dates