SoFi CEO enters prepaid forward contract on 1.5 million shares
Kristine C. Syrvalin, EVP General Counsel at Metallus Inc (NASDAQ:MTUS), sold 7,500 common shares of the company on July 23, 2025, at a price of $18.0, for a total transaction value of $135,000. The sale comes amid a strong rally in Metallus shares, which have gained nearly 12% in the past week. According to InvestingPro data, the stock is currently trading above its Fair Value, with technical indicators suggesting overbought conditions.
Following the transaction, Syrvalin directly owns 89,910 common shares of Metallus Inc. She also indirectly owns 5,322 shares through a 401(k) plan. The company maintains a healthy balance sheet with a current ratio of 2.03, indicating strong liquidity. InvestingPro subscribers can access 13 additional key insights about Metallus’s financial health and future prospects.
The sale was executed under a pre-arranged trading plan that satisfies Rule 10b5-1(c), which was adopted on November 14, 2024. With earnings scheduled for August 7, investors can access comprehensive analysis and Fair Value estimates through the detailed Pro Research Report available on InvestingPro.
In other recent news, Metallus Inc. reported its financial results for the first quarter of 2025, showing a mixed performance. The company posted earnings per share of $0.07, which did not meet the expected $0.10. However, Metallus’s revenue of $280.5 million exceeded the forecasted $259.6 million, indicating a stronger-than-anticipated sales performance. Following these results, KeyBanc Capital Markets maintained its Sector Weight rating on the company, citing increased costs and a less favorable pricing and product mix as factors in their outlook. Despite these challenges, KeyBanc highlighted Metallus’s strong balance sheet and potential growth in the munitions sector later in 2025.
Additionally, Metallus announced significant changes to its executive team. Kristopher R. Westbrooks, who has been with the company since 2018, was appointed as the new president and chief operating officer. John M. Zaranec III will take on the role of executive vice president and chief financial officer. These leadership changes are part of Metallus’s ongoing strategy to strengthen its operations and financial management.
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