Kristine C. Syrvalin - 20 May 2024 Form 4 Insider Report for Metallus Inc. (MTUS)

Signature
/s/ Kristine C. Syrvalin
Issuer symbol
MTUS
Transactions as of
20 May 2024
Net transactions value
-$108,120
Form type
4
Filing time
20 May 2024, 19:00:20 UTC
Previous filing
27 Mar 2024
Next filing
13 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTUS Common Shares Sale $108,120 -4,505 -5.3% $24.00* 80,850 20 May 2024 Direct
holding MTUS Common Shares 5,226 20 May 2024 by 401(k) plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Remarks:

The reporting person adopted a written plan for the sale of the Company's common shares intended to satisfy the affirmative defense conditions of Exchange Act Rule 10b5-1(c) on August 24, 2023. All transactions reported herein were made pursuant to that plan.