Brian Souza - 31 Oct 2023 Form 4 Insider Report for SCHNITZER STEEL INDUSTRIES, INC. (RDUS)

Role
SVP, Chief Ops Mgmt Officer
Signature
Joseph J. Bradley, Attorney-in-Fact
Issuer symbol
RDUS
Transactions as of
31 Oct 2023
Net transactions value
-$91,044
Form type
4
Filing time
02 Nov 2023, 19:37:27 UTC
Previous filing
05 Jul 2023
Next filing
14 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDUS Class A Common Stock Award $0 +9,113 +50% $0.000000 27,276 31 Oct 2023 Direct F1
transaction RDUS Class A Common Stock Tax liability $62,816 -2,766 -10% $22.71 24,510 01 Nov 2023 Direct F2
transaction RDUS Class A Common Stock Tax liability $28,229 -1,243 -5.1% $22.71 23,267 01 Nov 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are issuable as a result of satisfaction of performance goals for fiscal years 2021-2023 under a performance share award. Compensation Committee certification of the award payout level occurred on October 27, 2023.
F2 Shares were withheld by the issuer to cover withholding taxes on issuance of performance shares.
F3 Shares were withheld by the issuer to cover withholding taxes upon vesting of restricted stock units.