Metallus (MTUS) CFO granted 16,100 restricted stock units vesting in 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Metallus Inc. reported that its EVP and Chief Financial Officer, John M. Zaranec, acquired 16,100 common shares as a stock award, with no cash paid per share. This award represents restricted stock units that will vest in full on March 2, 2029, under the grant agreement, bringing his directly owned total to 51,060 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zaranec John M
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 16,100 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 51,060 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Metallus Inc. (MTUS) disclose for John M. Zaranec?
Metallus Inc. disclosed that EVP and Chief Financial Officer John M. Zaranec received a grant of 16,100 common shares as a stock award. These shares were granted at no cash cost per share, increasing his directly owned holdings to 51,060 shares.
Was the Metallus (MTUS) insider transaction a stock purchase or award?
The Metallus filing shows a stock award, not an open-market purchase. John M. Zaranec acquired 16,100 common shares through a restricted stock unit grant coded as a grant, award, or other acquisition, at a reported price of $0.00 per share.
When do John M. Zaranec’s Metallus (MTUS) restricted stock units vest?
The filing states that the reported transaction is an award of restricted stock units that will vest in full on March 2, 2029. Vesting is subject to the terms and conditions set forth in the applicable grant agreement governing the award.
What does transaction code "A" mean in the Metallus (MTUS) Form 4 filing?
In this Metallus Form 4, transaction code “A” indicates a grant, award, or other acquisition of securities rather than a market purchase. Specifically, it reflects an award of 16,100 restricted stock units to John M. Zaranec, vesting on March 2, 2029.
Is the Metallus (MTUS) insider award to John M. Zaranec a derivative or non-derivative transaction?
The transaction is reported as non-derivative common shares in the Form 4. However, the footnote clarifies the award represents restricted stock units that convert into shares, which vest in full on March 2, 2029, under the governing grant agreement.