Metallus SEC Filings

Metallus Inc. executive vice president and chief commercial officer reported an option exercise and share acquisition. On 01/02/2026, the officer exercised a nonqualified stock option with a $7.46 exercise price, acquiring 8,200 common shares. Following this transaction, the officer beneficially owns 113,355 common shares directly and 1,805 common shares indirectly through a 401(k) plan.

The exercised option, which is now fully exhausted with 0 derivative securities remaining, had vested in four equal annual installments beginning February 17, 2017 and was scheduled to expire on February 17, 2026. All transactions reported were made under a pre-established Rule 10b5-1 trading plan adopted on May 23, 2025.

Metallus Inc. director reported a routine compensation-related transaction involving deferred equity. On 12/31/2025, the reporting person acquired 1,530 phantom shares at $17.16 per phantom share under the company’s Director Deferred Compensation Plan. Following this transaction, the director beneficially owned 24,622 phantom shares on a direct basis.

Each phantom share is the economic equivalent of one Metallus common share. These phantom shares are designed for deferred compensation and are payable in cash and/or common shares when the director’s service on the Board of Directors ends, according to the prior election made under the plan.

Metallus Inc. chief executive officer and director reports stock sales under a pre-arranged trading plan. On December 17, 2025, the reporting person sold 8,428 common shares of Metallus Inc. at a weighted average price of $19.04, leaving 722,279 shares beneficially owned afterward. On December 18, 2025, a further 5,609 common shares were sold at a weighted average price of $19.07, resulting in 716,670 shares beneficially owned following that transaction.

All of these sales were made pursuant to a written Rule 10b5-1 trading plan that the reporting person adopted on May 23, 2025, which is designed to satisfy the affirmative defense conditions under Exchange Act Rule 10b5-1(c).

Metallus Inc. stockholder filed a notice to sell 33,334 shares of common stock under Rule 144. The shares are to be sold through Merrill Lynch on the NYSE around 12/17/2025, with an aggregate market value of 633,346.

The securities were acquired as a restricted stock vest on 01/05/2024 from Metallus Inc. as compensatory payment. By signing the notice, the seller represents that they are not aware of any material adverse, non-public information about Metallus Inc.’s current or prospective operations.

Metallus Inc. reported Q3 2025 results with net sales of $305.9 million and net income of $8.1 million (diluted EPS $0.19), up from $227.2 million in sales and a loss in the prior-year quarter. Gross profit rose to $35.0 million from $12.1 million, driven by higher shipments and favorable surcharges, partly offset by lower base prices. The company recorded a $2.7 million restructuring reserve tied to an exit incentive program.

Cash and cash equivalents were $191.5 million and total liquidity was $436.9 million at quarter-end, with no debt outstanding. Metallus repurchased 0.2 million shares for $3.0 million in Q3 (year-to-date 0.9 million for $11.9 million), leaving $90.9 million under authorization. The company received $10.0 million in Q3 and $28.0 million year-to-date of U.S. Army funding under a $99.75 million agreement and invested $28.4 million in Q3 capex ($73.7 million YTD). A tentative USW labor agreement was not ratified; the existing contract was extended through January 29, 2026 while negotiations continue.

Metallus Inc. (MTUS) furnished a press release announcing its third-quarter 2025 results and made an updated investor presentation available on its investor relations website. The press release is included as Exhibit 99.1, and the presentation now reflects third-quarter financial information.

The materials under Items 2.02 and 7.01 are furnished, not filed, which means they are not subject to Section 18 of the Exchange Act or incorporated into other filings unless specifically referenced.

BlackRock, Inc. filed Amendment No. 14 to Schedule 13G reporting a passive stake in Metallus Inc. (MTUS) as of September 30, 2025. BlackRock beneficially owns 6,322,457 shares of Metallus common stock, representing 15.1% of the class.

BlackRock reports sole voting power over 6,224,941 shares and sole dispositive power over 6,322,457 shares, with no shared voting or dispositive power. The filing is certified as made in the ordinary course and not for the purpose of changing or influencing control. The interest of one BlackRock-affiliated fund, iShares Core S&P Small-Cap ETF, is noted as exceeding five percent of Metallus’s outstanding common stock.