Kannan Molly D 4
Research Summary
AI-generated summary
Ryerson (RYZ) CAO Molly D. Kannan Sells 2,500 Shares
What Happened Molly D. Kannan, Chief Accounting Officer & Corporate Controller of Ryerson Holding Corp (RYZ), sold 2,500 shares in an open‑market transaction on May 13, 2026. The total proceeds reported were approximately $65,456, with transaction prices in the range $26.180 to $26.235 per share. This was a sale (not a purchase or option exercise), which is often routine insider selling and does not by itself indicate management sentiment.
Key Details
- Transaction date: May 13, 2026; Form 4 filed May 15, 2026 (filed within the standard reporting window).
- Price range reported: $26.180 to $26.235 per share; total proceeds ≈ $65,456.
- Shares disposed: 2,500 (sale, code S).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: The sale occurred in multiple transactions at prices between $26.180 and $26.235; the reporting person will provide a breakdown of the number of shares sold at each price upon request (Footnote F1).
- No 10b5‑1 plan, option exercise, award, or tax‑withholding detail was noted in the supplied excerpt.
Context Insider sales are common for routine reasons (diversification, liquidity, taxes) and do not necessarily signal negative views about the company. Because this filing shows a straight open‑market sale and no related option exercise or award, treat it as a disposal of existing shares rather than an issuance or exercise. If you need the exact per‑trade breakdown, the footnote indicates the reporting person can provide it on request.