Form 4: Director Shoemaker Updates Beneficial Ownership in Radius Recycling, Inc.

Sentiment:

SEC Form 4 Filing


Director Leslie L. Shoemaker reports changes in beneficial ownership of Radius Recycling, Inc. stock due to dividend reinvestment and deferred shares.

Summary

  • On February 18, 2025, Director Leslie L. Shoemaker reported changes in their beneficial ownership of Radius Recycling, Inc. (RDUS) stock.
  • The changes include the acquisition of 141.492 shares of Class A Common Stock through deemed reinvestment of dividends at a price of $0 under the issuer's Deferred Compensation Plan for Non-Employee Directors.
  • Shoemaker also reported the disposal of deferred shares credited to their account under the same plan, resulting in a total of 19,951.01 shares beneficially owned following the reported transactions.

Sentiment

Score: 7

Explanation: The sentiment is neutral as the filing reflects routine transactions related to director compensation and dividend reinvestment, indicating standard corporate practices.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in director's holdings due to dividend reinvestment and deferred compensation, which are common practices.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the holdings of a company director.
  • The transactions are related to director compensation and dividend reinvestment, which can impact shareholder value.

Key Dates

DateDescription
02/18/2025Date of the reported transactions (dividend reinvestment and deferred shares).
02/19/2025Date of signature by Joseph J. Bradley, Attorney-in-Fact.

Keywords

beneficial ownership, Form 4, director, RDUS, Radius Recycling, Inc., dividend reinvestment, deferred compensation plan, Leslie L. Shoemaker

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