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

Rhea-AI Filing Summary

On 08 Aug 2025, Alpine Associates Management Inc. filed a Schedule 13G disclosing a new passive position in Radius Recycling, Inc. (RDUS).

• Shares owned: 1,496,319 Class A shares
• Ownership: 5.34 % of outstanding stock (crosses 5 % reporting threshold)
• Voting/Dispositive power: Sole power over the entire stake; no shared power
• Event date: 30 Jun 2025; Filing date: 05 Aug 2025
• Filer status: Delaware-based investment adviser (Rule 13d-1(b)(1)(ii)(E))

The filing is on Schedule 13G—indicating passive investment intent. Alpine affirms the stake was acquired in the ordinary course of business and not to influence control. No other group members, subsidiaries, or special arrangements are reported.

For investors, the disclosure signals additional institutional interest but does not imply an activist agenda or immediate operational impact.

Positive

• Alpine Associates’ 5.34 % position signals incremental institutional confidence and may enhance trading liquidity for RDUS shares.

Negative

• None.

Insights

Securities Analyst

TL;DR: Passive 5.3 % stake reveals new institutional holder; market impact likely modest.

The 13G shows Alpine Associates now exceeds the 5 % threshold with 1.5 M shares. Because the form is 13G (not 13D), Alpine is declaring a non-activist position, limiting expectations for strategic pressure on management. The sole voting and dispositive power suggests centralized control within the adviser, but no collaborative group. Radius gains incremental buy-side endorsement, which can modestly improve liquidity and broaden coverage, yet dilution risk or governance shifts remain unchanged.

Corporate Governance Expert

TL;DR: Filing is compliance-driven; governance ramifications minimal.

Under Section 13(d), holders above 5 % must disclose. Alpine’s 13G, combined with its certification that it seeks no control, indicates a purely financial stake. There is no evidence of board solicitation, proxy activity, or group formation. Therefore, the company’s voting landscape and potential for contested proposals remain effectively intact. Investors should monitor future amendments—conversion to a 13D or growing ownership would be more material.

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 RDUS shares does Alpine Associates own?

Alpine reports 1,496,319 Class A shares, representing 5.34 % of the company.

Is Alpine Associates an activist investor in Radius Recycling?

No. The filing is on Schedule 13G, which denotes a passive investment intent.

What voting power does Alpine hold over RDUS shares?

The firm has sole voting and dispositive power over all 1,496,319 shares; no shared power is reported.

Why was the filing made on 05 Aug 2025?

Alpine crossed the 5 % threshold on 30 Jun 2025 and filed within the SEC’s required timeframe.

Could this stake affect Radius Recycling’s governance?

Given the passive 13G status and absence of group activity, immediate governance impact is unlikely.