Metallus president Westbrooks sells $72,000 in shares

Published 24/07/2025, 00:06
Metallus president Westbrooks sells $72,000 in shares

Metallus Inc. NASDAQ:MTUS, a $747 million market cap company whose stock has gained nearly 20% over the past six months, reported that President and COO Kristopher R. Westbrooks sold 4,000 common shares of the company on July 23, 2025, at a price of $18.0, for a total transaction value of $72,000.

Following the transaction, Westbrooks directly owns 193,076 common shares of Metallus Inc.

The sale was executed under a pre-arranged 10b5-1 trading plan adopted on November 18, 2024.

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, missing the forecasted $0.10. However, Metallus exceeded revenue expectations, achieving $280.5 million compared to the anticipated $259.6 million. In light of these earnings, KeyBanc Capital Markets maintained its Sector Weight rating on Metallus, citing increased costs and a less favorable pricing and product mix as reasons for a moderated outlook for the year. Despite these challenges, KeyBanc highlighted Metallus’s strong balance sheet and growth potential in the munitions sector for the latter half of 2025. Additionally, Metallus announced leadership changes, with Kristopher R. Westbrooks becoming the new president and chief operating officer and John M. Zaranec III stepping in as executive vice president and chief financial officer. These changes are effective starting June 16, 2025. The executive team shift underscores the company’s focus on strengthening its operational and financial strategies.

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