Metallus (MTUS) president exercises options and sells 93 common shares
Rhea-AI Filing Summary
Metallus Inc. executive Kristopher R. Westbrooks reported small, routine equity transactions. On January 15, 2026, the President & COO exercised 93 Nonqualified Stock Options at an exercise price of $12.45 per share to acquire 93 common shares, then sold those 93 common shares in an open-market transaction at a weighted average price with individual sale prices ranging from $21.00 to $21.01.
After these transactions, he beneficially owned 189,076 common shares directly and 5,079 Nonqualified Stock Options. All of the reported sales were made under a written trading plan adopted on May 12, 2025 that is intended to satisfy the affirmative defense conditions of Exchange Act Rule 10b5-1(c).
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Nonqualified Stock Option (Right to buy) | 93 | $0.00 | -- |
| Exercise | Common Shares | 93 | $12.45 | $1K |
| Sale | Common Shares | 93 | $21.00 | $2K |
Footnotes (1)
- Price reported is the weighted average sale price for shares sold by the reporting owner on January 15, 2026. Shares were sold at prices ranging from $21.00 to $21.01. Vested in four equal annual installments beginning March 1, 2020.
FAQ
What insider transactions did Metallus (MTUS) report for January 15, 2026?
Metallus President & COO Kristopher R. Westbrooks exercised 93 Nonqualified Stock Options at an exercise price of $12.45 per share and sold 93 common shares at a weighted average price with individual sale prices between $21.00 and $21.01 on January 15, 2026.
Was the Metallus (MTUS) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states that all transactions reported were made under a written plan for the sale of Metallus common shares adopted on May 12, 2025, intended to satisfy the affirmative defense conditions of Exchange Act Rule 10b5-1(c).
What do the transaction codes M and S mean in the Metallus (MTUS) Form 4?
In this Form 4, code M reflects the exercise of a Nonqualified Stock Option to acquire 93 common shares at $12.45 per share, and code S reflects the open-market sale of 93 common shares at a weighted average price with individual sales between $21.00 and $21.01.
How were the Metallus (MTUS) stock options held by the executive structured?
The reported Nonqualified Stock Option has an exercise price of $12.45 per share, is described as vested in four equal annual installments beginning March 1, 2020, and has an expiration date of March 1, 2029, with 5,079 derivative securities beneficially owned after the transaction.
What sale price information does the Metallus (MTUS) Form 4 provide?
The Form 4 notes that the reported sale price is a weighted average for shares sold on January 15, 2026, and that Metallus common shares were sold at prices ranging from $21.00 to $21.01.