Garcia Ken V 4
4 · Metallus Inc. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Metallus (MTUS) Director Ken V. Garcia Receives 1,471 Phantom Shares
What Happened
Ken V. Garcia, a director of Metallus Inc. (MTUS), received a grant of 1,471 phantom shares (derivative award) on 2026-06-30. The award is reported at an imputed price of $18.69 per phantom share, for a total value of $27,493. This was an award/acquisition (transaction code A) rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-30; Filing date: 2026-07-01 (timely filing).
- Award: 1,471 phantom shares @ $18.69 each; total reported value $27,493.
- Shares owned after transaction: not specified in this filing.
- Footnotes:
- Each phantom share equals one Issuer common share (F1).
- Phantom shares are payable in cash and/or common shares upon termination of Garcia's board service, as elected when he deferred compensation under the Metallus Inc. Director Deferred Compensation Plan (F2).
- Type: Derivative award (phantom share grant); transaction code A.
Context
Phantom-share awards are a form of deferred compensation that may be settled in cash or stock at a later date and do not represent immediate open-market buying or selling. Such awards do not by themselves indicate a trading view by the insider; they reflect compensation under the company’s director deferred compensation plan.
Insider Transaction Report
- Award
Phantom Shares
[F1][F2]2026-06-30$18.69/sh+1,471$27,493→ 27,776 total→ Common Shares (1,471 underlying)
Footnotes (2)
- [F1]Each phantom share is the equivalent of one Issuer common share.
- [F2]Phantom shares are payable in cash and/or common shares upon termination of the Reporting Person's service on the Board of Directors, as elected by the Reporting Person at the time he elected to defer compensation under the Metallus Inc. Director Deferred Compensation Plan.