MTUS Metallus Inc.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q3 2025: $20M, Q2 2025: $10M, Q1 2025: $4M, Q3 2024: $8M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $20M vs trailing avg $7M (+178%)

What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.

Negative FCF ($-22M), cannot compute buyback ratio

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 2,285 shares = 0.0% of 50,000,000 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

No insider open-market purchases in the last 12 months

Are insider purchases happening during the same quarters the company is actively buying back stock?

Need both buyback and insider purchase data

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $0M, sold $2M (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 2455581.2x more than bought. 3 C-suite officers among sellers

• Williams Michael S (Chief Executive Officer) sold 19,017 shares on 2026-02-03
• Williams Michael S (Chief Executive Officer) sold 13,713 shares on 2026-02-04
• WESTBROOKS KRISTOPHER R (President & COO) sold 2,951 shares on 2026-02-03
• WESTBROOKS KRISTOPHER R (President & COO) sold 2,128 shares on 2026-02-04
• WESTBROOKS KRISTOPHER R (President & COO) sold 93 shares on 2026-01-15
• Williams Michael S (Chief Executive Officer) sold 603 shares on 2026-01-15
• WESTBROOKS KRISTOPHER R (President & COO) sold 10,932 shares on 2026-01-14
• Williams Michael S (Chief Executive Officer) sold 14,462 shares on 2026-01-08
• Williams Michael S (Chief Executive Officer) sold 4,835 shares on 2026-01-09
• Williams Michael S (Chief Executive Officer) sold 8,428 shares on 2025-12-17