REINEMUND STEVEN 4
Research Summary
AI-generated summary
McGraw Hill Director Steven Reinemund Buys 58,000 Shares
What Happened
Steven Reinemund, a director of McGraw Hill, acquired 58,000 shares on 2026-02-17 in a purchase transaction (Form 4 code P). The filing reports a weighted-average price of $13.70 per share for a total reported value of $794,600. The shares are indirectly beneficially owned through The Gail T Reinemund Irrevocable Trust FBO; Reinemund is trustee and immediate family members are the trust beneficiaries. This was a purchase (a net buy), which many investors view as a more informative insider action than routine sales.
Key Details
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (filed within the standard 2-business-day window).
- Shares acquired: 58,000 at a weighted-average price of $13.70; total reported value $794,600.
- Price range: purchases occurred at prices between $13.415 and $13.895 (weighted average reported; reporting person can provide breakdown on request). (Footnote F1)
- Indirect ownership: shares are owned through The Gail T Reinemund Irrevocable Trust FBO; Reinemund serves as trustee and family are beneficiaries. (Footnote F2)
- Shares owned after the transaction: not specified in the filing.
Context
- Purchase transactions (code P) indicate the insider added to holdings rather than selling; that can be of interest to retail investors but does not explain motive.
- The filing shows an aggregated/weighted price range—if you need the per-trade breakdown, the filer has offered to provide it on request.
- No indication of option exercises, gifts, or tax-withholding in this report.