Peter B. Saba - 01 Nov 2021 Form 4 Insider Report for SCHNITZER STEEL INDUSTRIES, INC. (RDUS)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
03 Nov 2021, 21:33:02 UTC
Next SEC filing
09 Nov 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Joseph J. Bradley, Attorney-in-Fact

Key filing fact

Peter B. Saba filed Form 4 for SCHNITZER STEEL INDUSTRIES, INC. (RDUS) on 03 Nov 2021.

Key facts

  • This page summarizes Peter B. Saba's Form 4 filing for SCHNITZER STEEL INDUSTRIES, INC. (RDUS).
  • 4 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 03 Nov 2021, 21:33.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$637,158.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SCHN transaction

Class A Common Stock

Award

Transaction value
$0
Shares
+9,681
Change %
+15%
Price
$0.000000
Shares after
72,523
Date
01 Nov 2021
Ownership
Direct
Footnotes
F1
SCHN transaction

Class A Common Stock

Tax liability

Transaction value
$155,428
Shares
-2,889
Change %
-4%
Price
$53.80
Shares after
69,634
Date
01 Nov 2021
Ownership
Direct
Footnotes
F2
SCHN transaction

Class A Common Stock

Tax liability

Transaction value
$170,169
Shares
-3,163
Change %
-4.5%
Price
$53.80
Shares after
66,471
Date
01 Nov 2021
Ownership
Direct
Footnotes
F3
SCHN transaction

Class A Common Stock

Sale

Transaction value
$311,561
Shares
-6,038
Change %
-9.1%
Price
$51.60
Shares after
60,433
Date
03 Nov 2021
Ownership
Direct
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Shares are issuable as a result of satisfaction of performance goals for fiscal years 2019-2021 under a performance share award. Compensation Committee certification of the award payout level occurred on October 28, 2021.

Footnote F2

Shares were withheld by the issuer to cover withholding taxes upon vesting of restricted stock units.

Footnote F3

Shares were withheld by the issuer to cover withholding taxes on issuance of performance shares.

Footnote F4

This transaction was executed in multiple trades on reported date with prices ranging from $50.78 - $52.15, resulting in an average price of $51.60.

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