Form 4: Radius Recycling EVP Richard Peach Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Richard Peach, EVP and Chief Strategy Officer of Radius Recycling, disposed of 2,007 shares of Class A Common Stock on May 1, 2024, to cover withholding taxes upon the vesting of restricted stock units.
Summary
- On May 1, 2024, Richard Peach, the EVP and Chief Strategy Officer of Radius Recycling, disposed of 2,007 shares of Class A Common Stock.
- The shares were disposed of to cover withholding taxes related to the vesting of restricted stock units.
- The transaction was executed at a price of $17.42 per share.
- Following the transaction, Peach directly owns 263,988 shares of Radius Recycling's Class A Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reflects a routine transaction related to tax obligations.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations related to stock vesting.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction: Richard Peach disposed of 2,007 shares of Class A Common Stock. |
| 05/02/2024 | Date of signature: Joseph J. Bradley, Attorney-in-Fact, signed the Form 4 on behalf of Richard Peach. |
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