Ryerson (RYI) legal chief sells 11,174 common shares in open trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ryerson Holding Corp executive Mark S. Silver, EVP and Chief Legal/Risk Officer, reported an open-market sale of 11,174 shares of common stock on May 28, 2026. The shares were sold at prices between $27.5000 and $28.1625 per share. After this transaction, he directly holds 120,181 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,174 shares ($311,843)
Net Sell
1 txn
Insider
Silver Mark S.
Role
EVP, Chief Legal/Risk Officer
Sold
11,174 shs ($312K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock (par value $0.01 per share) | 11,174 | $27.9079 | $312K |
Holdings After Transaction:
Common Stock (par value $0.01 per share) — 120,181 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 11,174 shares
Weighted average sale price: $27.9079 per share
Sale price range: $27.5000–$28.1625 per share
+2 more
5 metrics
Shares sold
11,174 shares
Open-market sale on May 28, 2026
Weighted average sale price
$27.9079 per share
Common stock sale
Sale price range
$27.5000–$28.1625 per share
Multiple transactions within range
Shares held after transaction
120,181 shares
Direct ownership following sale
Par value
$0.01 per share
Ryerson common stock
Key Terms
open-market sale, Common Stock (par value $0.01 per share), Form 4, beneficial ownership
4 terms
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.
Form 4 regulatory
"This sale was disclosed in a Form 4 insider trading report"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
beneficial ownership regulatory
"insider transactions must be reported to the SEC as insider transactions under Section 16 rules"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did Ryerson (RYI) report for Mark S. Silver?
Ryerson reported that EVP and Chief Legal/Risk Officer Mark S. Silver sold 11,174 shares of common stock in an open-market transaction on May 28, 2026. This sale was disclosed in a Form 4 insider trading report filed with regulators.
What role does Mark S. Silver hold at Ryerson (RYI) in this Form 4?
In this Form 4, Mark S. Silver is identified as Ryerson’s Executive Vice President and Chief Legal/Risk Officer. His officer status means his trades in Ryerson stock must be reported to the SEC as insider transactions under Section 16 rules.
Was the Ryerson (RYI) insider trade an open-market sale or another type?
The Form 4 describes the transaction as an open-market sale of common stock. The shares were sold in multiple transactions on May 28, 2026, within a stated price range, rather than being a grant, option exercise, gift, or tax withholding event.