Max Reichenthal - Dec 8, 2022 Form 4 Insider Report for FRIEDMAN INDUSTRIES INC (FRD)

Role: Director
Signature: /s/ Max Reichenthal
Stock symbol: FRD
Transactions as of: Dec 8, 2022
Transactions value $: $34,465
Form type: 4
Date filed: 12/12/2022, 10:57 AM
Previous filing: Dec 7, 2022
Next filing: Dec 14, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FRD	Common Stock	Purchase	$22.1K	+2.55K	+16.09%	$8.70	18.4K	Dec 8, 2022	Direct	F1
transaction	FRD	Common Stock	Purchase	$12.3K	+1.46K	+7.92%	$8.47	19.8K	Dec 9, 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 of the transaction dated 12/8/2022 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.50 to $8.75, inclusive. The reporting person undertakes to provide Friedman Industries, Inc., any shareholder of Friedman Industries, Inc., or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.
F2	The price reported in Column 4 of the transaction dated 12/9/2022 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.40 to $8.50, inclusive. The reporting person undertakes to provide Friedman Industries, Inc., any shareholder of Friedman Industries, Inc., or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (2) to this Form 4.

Content

The price reported in Column 4 of the transaction dated 12/8/2022 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.50 to $8.75, inclusive. The reporting person undertakes to provide Friedman Industries, Inc., any shareholder of Friedman Industries, Inc., or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.

The price reported in Column 4 of the transaction dated 12/9/2022 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.40 to $8.50, inclusive. The reporting person undertakes to provide Friedman Industries, Inc., any shareholder of Friedman Industries, Inc., or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (2) to this Form 4.