Form 4: Radius Recycling SVP Steven Heiskell Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Steven Heiskell, SVP & President of Recycling P&S at Radius Recycling, disposed of shares to cover withholding taxes upon vesting of restricted stock units on May 1, 2024.
Summary
- On May 1, 2024, Steven Heiskell, SVP & President, Recycling P&S at Radius Recycling, disposed of 1,799 shares of Class A Common Stock.
- The shares were withheld by the issuer to cover withholding taxes upon the vesting of restricted stock units.
- The transaction price was $17.42 per share.
- Following the transaction, Heiskell directly owns 151,455 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations on vested stock.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction: Disposal of shares to cover withholding taxes. |
| 05/02/2024 | Date of signature by Attorney-in-Fact. |
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