Form 4: Radius Recycling SVP, Chief HR Officer Wilson D. Erich Reports Stock Disposal for Tax Obligations

Wilson D. Erich, SVP, Chief HR Officer of Radius Recycling, reported disposing of 651 shares of Class A Common Stock on May 1, 2024, to cover withholding taxes upon vesting of restricted stock units.

Summary

• On May 1, 2024, Wilson D. Erich, the SVP, Chief HR Officer of Radius Recycling, disposed of 651 shares of Class A Common Stock.
• The shares were disposed of to cover withholding taxes upon the vesting of restricted stock units.
• The transaction was executed at a price of $17.42 per share.
• Following the transaction, Erich directly owns 53,783 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a standard transaction related to tax obligations on vested stock, with no indication of positive or negative sentiment towards the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives and their potential alignment with shareholder interests.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.

Key Dates