Form 4: Radius Recycling CFO Sells Shares to Cover Tax Obligations
SEC Filing
Stefano R. Gaggini, SVP and CFO of Radius Recycling, sold shares to cover withholding taxes upon the vesting of restricted stock units.
Summary
- On May 1, 2025, Stefano R. Gaggini, the SVP and CFO of Radius Recycling, engaged in a transaction involving Class A Common Stock.
- Gaggini disposed of 982 shares at a price of $29.33.
- This transaction was to cover withholding taxes upon the vesting of restricted stock units.
- Following the transaction, Gaggini beneficially owns 90,281 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is related to tax obligations and not a discretionary sale indicating a change in the CFO's outlook on the company.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations on vested stock and is not necessarily indicative of the CFO's sentiment about the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Stefano R. Gaggini disposed of shares to cover tax obligations. |
Keywords
Form 4, Radius Recycling, RDUS, Stefano Gaggini, CFO, Stock Sale, Beneficial Ownership, Restricted Stock Units, Tax Withholding
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