Tamara L. Lundgren - 31 Oct 2023 Form 4 Insider Report for SCHNITZER STEEL INDUSTRIES, INC. (RDUS)

Role
Chairman, President & CEO, Director
Signature
Joseph J. Bradley, Attorney-in-Fact
Issuer symbol
RDUS
Transactions as of
31 Oct 2023
Net transactions value
-$1,863,787
Form type
4
Filing time
02 Nov 2023, 19:38:57 UTC
Previous filing
09 May 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 +115,003 +10% $0.000000 1,241,637 31 Oct 2023 Direct F1
transaction RDUS Class A Common Stock Tax liability $1,345,363 -59,241 -4.8% $22.71 1,182,396 01 Nov 2023 Direct F2
transaction RDUS Class A Common Stock Tax liability $518,424 -22,828 -1.9% $22.71 1,159,568 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.