SCHEDULE 13G/A: Ameriprise Financial and Affiliates Disclose Significant Stake in Radius Recycling, Inc.

Ameriprise Financial, Inc. and its affiliated entities have filed an amended Schedule 13G, disclosing beneficial ownership of 6.3% of Radius Recycling, Inc.'s Class A Common Stock as of March 31, 2025.

Summary

• Ameriprise Financial, Inc. (AFI) and its subsidiaries, collectively referred to as the 'Ameriprise Entities,' have filed an Amendment No. 3 to Schedule 13G regarding their beneficial ownership in Radius Recycling, Inc.
• As of March 31, 2025, Ameriprise Financial, Inc. beneficially owns 1,769,954 shares of Radius Recycling, Inc.'s Class A Common Stock, representing 6.3% of the class.
• Several UK-based subsidiaries of Ameriprise, including TAM UK International Holdings Limited, Threadneedle Holdings Limited, TAM UK Holdings Limited, Threadneedle Asset Management Holdings Limited, TC Financing Ltd, Threadneedle Asset Management Limited, and Threadneedle Investment Services Limited, each report shared beneficial ownership of 1,677,242 shares, representing 6% of the class.
• All reporting persons disclaim sole voting and dispositive power, indicating shared control over the reported shares.
• Ameriprise Financial, Inc., as the parent company, may be deemed to beneficially own the shares reported by its subsidiaries, and its reported aggregate amount includes those shares.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not convey positive or negative sentiment regarding the issuer's performance or prospects. It is neutral in tone and content.

Future Outlook

This document is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's future performance or outlook.

Industry Context

This Schedule 13G filing indicates a significant passive investment by a major financial institution and its affiliates in Radius Recycling, Inc. Such filings are standard disclosures required when an entity acquires more than 5% of a company's voting stock, providing transparency on institutional holdings within the market.

Related Party Transactions

• Ameriprise Financial, Inc. is the parent holding company of the other reporting entities (TAM UK International Holdings Limited, Threadneedle Holdings Limited, TAM UK Holdings Limited, Threadneedle Asset Management Holdings Limited, TC Financing Ltd, Threadneedle Asset Management Limited, and Threadneedle Investment Services Limited), and may be deemed to beneficially own the shares reported by these subsidiaries.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, which can influence market perception and trading activity.
• Investors: Offers insight into the holdings of a major financial institution, potentially signaling confidence or strategic interest in Radius Recycling, Inc.

Key Dates

Keywords

Radius Recycling Inc., Ameriprise Financial Inc., Schedule 13G, Beneficial Ownership, Class A Common Stock, SEC Filing, Institutional Ownership, Investment Management, Recycling Industry, Publicly Traded Company