Kannan Molly D 4
4 · Ryerson Holding Corp · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Ryerson (RYZ) CAO Molly D. Kannan Sells 3,000 Shares
What Happened Molly D. Kannan, Ryerson Holding Corp's Chief Accounting Officer & Corporate Controller, sold 3,000 shares of RYZ stock in open-market transactions on May 29, 2026. The shares were sold at $28.42 per share for a total proceeds of $85,260. This was a sale (S) rather than a purchase — sales are often routine and do not necessarily indicate a change in the insider’s view of the company.
Key Details
- Transaction date: May 29, 2026; Filing date (Form 4): June 1, 2026 (appears timely under the two-business-day rule).
- Price and quantity: 3,000 shares sold at $28.42 per share; total proceeds $85,260.
- Shares sold in multiple transactions at the same price (per filing footnote).
- Shares owned after the transaction: not disclosed in the excerpt provided (check the full Form 4 for post-transaction holdings).
- Footnotes: Sale effected under a Rule 10b5-1 trading plan adopted Feb 26, 2026; reporting person will provide full information on the number of shares sold upon request.
- Accession number for the filing: 0000899140-26-000613.
Context This sale was executed under a pre-established 10b5-1 plan, which allows insiders to sell shares according to a preset schedule and is commonly used to avoid questions about timing. For retail investors, purchases typically carry more informational weight than routine sales; this filing is a record of disposition rather than a signal of changed insider conviction.
Insider Transaction Report
- Sale
Common Stock (par value $0.01 per share)
[F1][F2]2026-05-29$28.42/sh−3,000$85,260→ 25,636.464 total
Footnotes (2)
- [F1]These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 26, 2026.
- [F2]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.