Michael Burbach

Michael Burbach (senior executive) discloses dealings in Ryerson Holding Corp to SEC (Form 4). Between 18 March 2015 and 2 May 2024, the trades on record add up to 50 filings.

The open-market record is one-sided, with 15 purchases worth €438k and not one sale. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Outside the open market, there are 4 share grants and 31 option exercises. So far in 2024, the count stands at 1 purchase and no sales.

In size, the median ticket on the buying side is €25k. 10 out of 12 purchases came within 30 days of a purchase by at least one other insider of the same company. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase. After 15 purchases with a full 90-day history, the hit rate stands at 33% and the median 90-day move at -10.1%. Past outcomes like these are no guarantee of what comes next.

The latest filing, published on 3 May 2024, reports an open-market purchase of €89k in Ryerson Holding Corp. Typically, a trade is published a median of 2 days after it takes place. The legal deadline for a Form 4 is two business days after the transaction. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.