Ryerson (RYZ) CAO sells 1,000 shares in Rule 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ryerson Holding Corp CAO & Corporate Controller Molly D. Kannan executed an open-market sale of 1,000 shares of common stock at $30.00 per share. The transaction was made under a pre-arranged Rule 10b5-1 trading plan. Following the sale, she directly holds 24,636.4636 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($30,000)
Net Sell
1 txn
Insider
Kannan Molly D
Role
CAO & Corporate Controller
Sold
1,000 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock (par value $0.01 per share) | 1,000 | $30.00 | $30K |
Holdings After Transaction:
Common Stock (par value $0.01 per share) — 24,636.464 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,000 shares
Sale price: $30.00 per share
Shares held after sale: 24,636.4636 shares
3 metrics
Shares sold
1,000 shares
Open-market sale on June 11, 2026
Sale price
$30.00 per share
Open-market sale of common stock
Shares held after sale
24,636.4636 shares
Direct ownership following the transaction
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock (par value $0.01 per share)
3 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.
FAQ
What insider transaction did Ryerson Holding Corp (RYZ) report for Molly D. Kannan?
Ryerson reported that CAO & Corporate Controller Molly D. Kannan sold 1,000 shares of common stock in an open-market transaction at $30.00 per share. The transaction reflects an insider disposition rather than a purchase or option exercise.
Was the Ryerson (RYZ) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 26, 2026. Such pre-arranged plans are designed to facilitate systematic, pre-scheduled trading by insiders.
What is Molly D. Kannan’s role at Ryerson Holding Corp (RYZ)?
Molly D. Kannan is identified as an officer of Ryerson Holding Corp, serving as CAO & Corporate Controller. Her insider status requires reporting transactions in company securities, such as the disclosed open-market sale of 1,000 common shares.