McGraw Hill director buys 58,000 shares
McGraw Hill, Inc. director Steven Reinemund reported an open-market purchase of McGraw Hill common stock through The Gail T Reinemund Irrevocable Trust FBO.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
McGraw Hill, Inc. director Steven Reinemund reported an open-market purchase of McGraw Hill common stock through The Gail T Reinemund Irrevocable Trust FBO. The trust bought 58,000 shares at a weighted average price of $13.70 per share, with individual trade prices ranging from $13.415 to $13.895. After this transaction, the trust held 73,710 indirectly owned shares, while Reinemund also reported 10,882 shares held directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 58,000 | $13.70 | $795K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.415 to $13.895, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- F2. The reporting person indirectly beneficially owns these securities through The Gail T Reinemund Irrevocable Trust FBO. The reporting person is trustee of the trust, and members of his immediate family are the sole beneficiaries of the trust.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did McGraw Hill (MH) director Steven Reinemund report?
AI-generated analysis. How Rhea-AI works. Not financial advice.