Form 4: Radius Recycling CEO Tamara Lundgren Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Tamara L. Lundgren, Chairman, President, and CEO of Radius Recycling, sold shares to cover withholding taxes upon the vesting of restricted stock units.
Summary
- On May 1, 2024, Tamara L. Lundgren, Chairman, President, and CEO of Radius Recycling, engaged in a transaction involving Class A Common Stock.
- The transaction involved the withholding of 8,262 shares by the issuer to cover withholding taxes upon the vesting of restricted stock units.
- Following the transaction, Lundgren directly owns 1,222,892 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a transaction related to tax obligations.
Industry Context
This filing is a routine disclosure of insider transactions and is common for executives who receive stock-based compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction where shares were withheld to cover taxes. |
| 05/02/2024 | Date of signature on the Form 4 filing. |
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