Form 4: Radius Recycling Director Acquires Shares Through Dividend Reinvestment
SEC Form 4 Filing
Glenda J. Minor, a director at Radius Recycling, acquired additional shares of Class A Common Stock through a dividend reinvestment program.
Summary
- On August 5, 2024, Glenda J. Minor, a director of Radius Recycling, Inc., acquired 160.837 shares of Class A Common Stock.
- The acquisition was a result of deemed reinvestment of dividends under the issuer's Deferred Compensation Plan for Non-Employee Directors.
- The price per share was $14.51.
- Following the transaction, Minor directly owns 17,007.444 shares and indirectly owns deferred shares through the compensation plan.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The director's participation in the dividend reinvestment plan is a positive sign, but the transaction itself is routine.
Positives
- The director's participation in the dividend reinvestment plan signals confidence in the company's future.
Industry Context
Directors commonly participate in dividend reinvestment plans, which is a standard practice.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine dividend reinvestment.
Key Dates
| Date | Description |
|---|---|
| 08/05/2024 | Date of transaction: Acquisition of Class A Common Stock through dividend reinvestment. |
| 08/06/2024 | Date of signature by Attorney-in-Fact. |
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