Ryerson Holding (NYSE: RYI) CAO sells 3,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ryerson Holding Corp Chief Accounting Officer and Corporate Controller Molly D. Kannan sold 3,000 shares of common stock in an open-market transaction at $28.42 per share on May 29, 2026. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 26, 2026, indicating the trade was scheduled in advance. Following this transaction, Kannan directly holds 25,636.4636 shares of Ryerson common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,000 shares ($85,260)
Net Sell
1 txn
Insider
Kannan Molly D
Role
CAO & Corporate Controller
Sold
3,000 shs ($85K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock (par value $0.01 per share) | 3,000 | $28.42 | $85K |
Holdings After Transaction:
Common Stock (par value $0.01 per share) — 25,636.464 shares (Direct, null)
Footnotes (1)
- These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 26, 2026. These shares were sold in multiple transactions at the price of $28.42. The reporting person undertakes to provide Ryerson Holding Corporation, any security holder of Ryerson Holding Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold.
Key Figures
Shares sold: 3,000 shares
Sale price per share: $28.42 per share
Shares held after sale: 25,636.4636 shares
+2 more
5 metrics
Shares sold
3,000 shares
Open-market sale on May 29, 2026
Sale price per share
$28.42 per share
Common stock sale transactions
Shares held after sale
25,636.4636 shares
Direct ownership following transaction
Transaction code
S (sale)
Non-derivative common stock transaction
Net buy/sell shares
-3,000 shares
Form 4 transaction summary net-sell direction
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock (par value $0.01 per share), net-sell, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
net-sell financial
"netBuySellDirection": "net-sell""
non-derivative financial
"transaction_type": "non-derivative""
FAQ
What insider transaction did Ryerson Holding (RYI) disclose?
Ryerson Holding disclosed that CAO and Corporate Controller Molly D. Kannan sold 3,000 shares of common stock at $28.42 per share. The sale occurred on May 29, 2026 as an open-market transaction under a pre-arranged trading plan.
Was the Ryerson (RYI) insider sale made under a Rule 10b5-1 plan?
Yes. A footnote explains the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on February 26, 2026. Such plans schedule trades in advance, helping separate routine diversification from discretionary market-timed transactions.
What does the Ryerson (RYI) Form 4 say about the nature of the sale?
The Form 4 classifies the transaction as an open-market sale of common stock. It also notes the shares were sold in multiple transactions at $28.42 per share, and the insider will provide detailed trade information to the company, shareholders, or SEC staff upon request.