[SCHEDULE 13G] Radius Recycling, Inc. SEC Filing

Rhea-AI Filing Summary

Alpine Associates Management Inc. has filed a Schedule 13G disclosing ownership of 1,496,319 Class A shares of Radius Recycling, Inc. (CUSIP 806882106) as of 30 June 2025. The position equals 5.34 % of the outstanding class, triggering the 5 % reporting threshold under Section 13(d) of the Securities Exchange Act.

Alpine, a Delaware-organized investment adviser, reports sole voting and sole dispositive power over the entire stake and specifies that the shares were acquired and are held in the ordinary course of business, with no intent to influence control (passive “13G” filing, not activist “13D”). The certification is signed by Chief Compliance Officer Christian Marzullo on 5 Aug 2025.

Positive

• Alpine Associates’ 5.34 % stake introduces a new institutional holder, potentially broadening the shareholder base and signalling outside confidence in Radius Recycling.

Negative

• None.

Insights

Securities Analyst

TL;DR: Passive 5.3 % stake disclosed; institutional interest noted but no control intent—overall neutral impact.

The Schedule 13G confirms that Alpine Associates now owns 1.50 M Radius Recycling Class A shares, exceeding the 5 % threshold. Because the filing is on Form 13G, Alpine represents it is a passive investor and does not seek to change or influence control, limiting near-term strategic implications. Nonetheless, a new mid-sized institutional holder can enhance market liquidity and may be viewed positively by some investors. Absent activist intent or additional transactions, the disclosure is best classified as informational rather than a catalyst.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

RADIUS RECYCLING, INC.

(Name of Issuer)

Class A

(Title of Class of Securities)

806882106

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 806882106

1

Names of Reporting Persons

ALPINE ASSOCIATES MANAGEMENT INC.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,496,319.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,496,319.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,496,319.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.3 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: RADIUS RECYCLING, INC.
(b)	Address of issuer's principal executive offices: 222 SW COLUMBIA ST, SUITE 1150, PORTLAND, OREGON, 97201
Item 2.
(a)	Name of person filing: Alpine Associates Management Inc.
(b)	Address or principal business office or, if none, residence: 249 Royal Palm Way, Suite 400 Palm Beach, FL 33480
(c)	Citizenship: Delaware
(d)	Title of class of securities: Class A
(e)	CUSIP No.: 806882106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,496,319
(b)	Percent of class: 5.34%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1,496,319
	(ii) Shared power to vote or to direct the vote: None
	(iii) Sole power to dispose or to direct the disposition of: 1,496,319
	(iv) Shared power to dispose or to direct the disposition of: None
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

ALPINE ASSOCIATES MANAGEMENT INC.

Signature:	Christian Marzullo
Name/Title:	Chief Compliance Officer
Date:	08/05/2025

FAQ

How many Radius Recycling shares does Alpine Associates own?

Alpine reports ownership of 1,496,319 Class A shares.

What percentage of RDUS’s Class A does this represent?

The stake equals 5.34 % of the outstanding Class A shares.

Does Alpine Associates have sole or shared voting power?

Alpine has sole voting and dispositive power over all reported shares.

Is this an activist or passive filing?

The Schedule 13G indicates a passive investment; Alpine states no intent to influence control.

When did the ownership threshold get crossed?

The reportable event date is 30 June 2025.