What entities related to Reid H. Drescher hold RLBY shares?

The filing states that Spencer Clarke Management LLC and Gateway Privileged Investing LLC, both Delaware limited liability companies, hold shares of record. It also notes a Roth IRA for his benefit at Fidelity Investments, all tied to his beneficial ownership.

Reliability Inc insider reports major RLBY holdings

Reliability Inc major shareholder Reid H. Drescher filed an initial Form 3 showing indirect ownership of the company’s common stock.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Reliability Inc major shareholder Reid H. Drescher filed an initial Form 3 showing indirect ownership of the company’s common stock. The filing lists blocks of shares held through two Delaware limited liability companies and a Roth IRA where he has sole voting or investment discretion.

One LLC interest reflects 4,495,000 shares of common stock, another LLC interest reflects 4,080,575 shares, and a Roth IRA account reflects 700,000 shares. All of these positions are reported as indirect holdings associated with Drescher as a ten percent owner of Reliability Inc.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider DRESCHER REID H

Role 10% Owner

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 700,000 shares (Indirect, By IRA); Common Stock — 8,575,575 shares (Indirect, By LLC)

Footnotes (3)

F1. Shares are held in a Roth IRA for the benefit of the Reporting Person at Fidelity Investments (custodian: Fidelity Management Trust Company). The Reporting Person has sole investment discretion over the account.
F2. Shares are held of record by Spencer Clarke Management LLC, a Delaware limited liability company of which the Reporting Person is the sole member and manager. The Reporting Person has sole voting and investment power over such shares and may be deemed to beneficially own such shares.
F3. Shares are held of record by Gateway Privileged Investing LLC, a Delaware limited liability company of which the Reporting Person is the sole member and manager. The Reporting Person has sole voting and investment power over such shares and may be deemed to beneficially own such shares.

Key Figures

Indirect common shares via Spencer Clarke Management LLC: 4,495,000 shares Indirect common shares via Gateway Privileged Investing LLC: 4,080,575 shares Indirect common shares via Roth IRA: 700,000 shares +1 more

4 metrics

Indirect common shares via Spencer Clarke Management LLC 4,495,000 shares Total shares following reported holding entry

Indirect common shares via Gateway Privileged Investing LLC 4,080,575 shares Total shares following reported holding entry

Indirect common shares via Roth IRA 700,000 shares Total shares following reported holding entry

Holding entries reported 3 entries Common stock holdings on Form 3

Key Terms

Roth IRA, beneficially own, ten percent owner, indirect ownership

4 terms

Roth IRA financial

"Shares are held in a Roth IRA for the benefit of the Reporting Person at Fidelity Investments"

A Roth IRA is a retirement savings account you fund with money that’s already been taxed, and withdrawals taken in retirement under the account rules are tax-free. It matters to investors because it shifts the tax bill to today instead of retirement, potentially increasing after-tax income later—think of it like paying for a lifetime subscription now so you can use it without extra charges in the future—helpful for long-term tax planning and flexibility.

beneficially own financial

"may be deemed to beneficially own such shares"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

ten percent owner financial

"the Reporting Person is the sole member and manager ... and may be deemed to beneficially own such shares"

indirect ownership financial

"ownership_type: "indirect", ownership_code: "I""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the RLBY Form 3 filed by Reid H. Drescher show?

The Form 3 shows that Reid H. Drescher is a ten percent owner of Reliability Inc, reporting indirect holdings of common stock through two Delaware LLCs and a Roth IRA where he has sole voting or investment discretion.

How are Reid H. Drescher’s RLBY shares held according to the Form 3?

The filing reports shares held by Spencer Clarke Management LLC, Gateway Privileged Investing LLC, and a Roth IRA at Fidelity. Drescher is sole member or beneficiary with sole voting or investment power, so these positions are reported as indirectly owned.

Are the RLBY holdings in the Form 3 direct or indirect ownership?

All reported positions are classified as indirect ownership. The shares are held of record by two Delaware limited liability companies and by a Roth IRA account, with Drescher having sole voting or investment power over these accounts and entities.

Does the RLBY Form 3 indicate any recent insider buying or selling?

The Form 3 functions as an initial statement of beneficial ownership and lists holdings rather than trades. The entries are labeled as holdings, with unknown transaction codes and no share amounts reported as purchases or sales on the reported date.

Why is Reid H. Drescher identified as a ten percent owner of RLBY?

The reporting person is marked as a ten percent owner, reflecting that his combined indirect interests make him a large shareholder. Form 3 is required when someone becomes a director, officer, or beneficial owner of more than ten percent of a registered class.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/29/2026 - 02:44 PM EDT

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

DRESCHER REID H

(Last)

(First)

(Middle)

1801 N.E. 123RD ST.,

SUITE 314

(Street)

NORTH MIAMI,

FLORIDA

33181

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/02/2026

3. Issuer Name and Ticker or Trading Symbol
RELIABILITY INC [ RLBY ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	700,000	I	By IRA⁽¹⁾
Common Stock	4,080,575	I	By LLC⁽²⁾
Common Stock	4,495,000	I	By LLC⁽³⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

1. Shares are held in a Roth IRA for the benefit of the Reporting Person at Fidelity Investments (custodian: Fidelity Management Trust Company). The Reporting Person has sole investment discretion over the account.

2. Shares are held of record by Spencer Clarke Management LLC, a Delaware limited liability company of which the Reporting Person is the sole member and manager. The Reporting Person has sole voting and investment power over such shares and may be deemed to beneficially own such shares.

3. Shares are held of record by Gateway Privileged Investing LLC, a Delaware limited liability company of which the Reporting Person is the sole member and manager. The Reporting Person has sole voting and investment power over such shares and may be deemed to beneficially own such shares.

Remarks:

The Reporting Person became a 10% beneficial owner of the Issuer's common stock as of April 2, 2026, the effective date of the cancellation by the Issuer of 253,292,210 shares of common stock pursuant to a Settlement Agreement and General Mutual Release dated February 16, 2026 between the Issuer and the Vivos Parties (as defined in the Issuer's Current Report on Form 8-K). The Reporting Person did not acquire any securities of the Issuer in connection with such event. The Reporting Person's beneficial ownership exceeded 10% of the Issuer's outstanding common stock solely as a result of the resulting reduction in shares outstanding.

	/s/ Reid H. Drescher	04/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR