Form 4: Radius Recycling SVP Brian Souza Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Brian Souza, SVP and Chief Ops Mgmt Officer of Radius Recycling, disposed of shares to cover withholding taxes upon the vesting of restricted stock units.
Summary
- On May 1, 2024, Brian Souza, SVP and Chief Ops Mgmt Officer of Radius Recycling, disposed of 565 shares of Class A Common Stock to cover withholding taxes.
- The shares were disposed of at a price of $17.42 per share.
- Following the transaction, Souza beneficially owns 28,890 shares of Radius Recycling.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.
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 stock disposal transaction. |
| 05/02/2024 | Date of signature by Attorney-in-Fact. |
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