Metallus (NYSE: MTUS) COO gets 29,100-share award, withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Metallus Inc. President & COO Kristopher R. Westbrooks reported two equity transactions. He acquired 29,100 common shares through an award of restricted stock units that will vest in full on March 2, 2029, subject to the grant terms. He also disposed of 8,207 common shares at $17.00 per share to cover tax withholding obligations, a non‑open‑market transaction. Following these moves, his directly held common shares totaled 214,077 at the time of the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
WESTBROOKS KRISTOPHER R
Role
President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 29,100 | $0.00 | -- |
| Tax Withholding | Common Shares | 8,207 | $17.00 | $140K |
Holdings After Transaction:
Common Shares — 214,077 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did Metallus (MTUS) report for Kristopher R. Westbrooks?
Metallus reported that President & COO Kristopher R. Westbrooks received an award of 29,100 restricted stock units and had 8,207 common shares withheld at $17.00 per share to satisfy tax obligations related to equity compensation.
When do Kristopher R. Westbrooks’ Metallus (MTUS) restricted stock units vest?
The reported award of restricted stock units to Kristopher R. Westbrooks will vest in full on March 2, 2029. Vesting is subject to the terms of the grant agreement, meaning he must satisfy specified service or other conditions to receive the underlying shares.
Are the Metallus (MTUS) insider transactions by Kristopher R. Westbrooks open-market trades?
The Form 4 shows an equity award and a tax-withholding disposition, not regular open-market trades. The 29,100-share grant is compensation, while the 8,207-share transaction at $17.00 covers tax obligations associated with equity rather than discretionary buying or selling.