Director Steven Reinemund adds 58,000 McGraw Hill (MH) shares via family trust
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 58,000 shares ($794,600)
Net Buy
2 txns
Insider
REINEMUND STEVEN
Role
Director
Bought
58,000 shs ($795K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 58,000 | $13.70 | $795K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 73,710 shares (Indirect, By The Gail T Reinemund Irrevocable Trust FBO);
Common Stock — 10,882 shares (Direct)
Footnotes (1)
- 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. 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
What insider transaction did McGraw Hill (MH) director Steven Reinemund report?
Steven Reinemund reported an indirect open-market purchase of 58,000 McGraw Hill (MH) common shares. The shares were bought through The Gail T Reinemund Irrevocable Trust FBO at a weighted average price of $13.70 per share, according to the Form 4 filing.