Eberwein discloses 8.9M-share stake in Reliability Inc (RLBY) via trust
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
RELIABILITY INC insider Jeffrey E. Eberwein has filed an initial ownership report showing a significant indirect stake in the company. The filing lists 8,853,328 shares of Common Stock held indirectly through the Jeffrey E. Eberwein Revocable Trust, indicating beneficial ownership above ten percent.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Eberwein Jeffrey E.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,853,328 shares (Indirect, Jeffrey E. Eberwein Revocable Trust)
Footnotes (1)
Key Figures
Indirect common shares held: 8,853,328 shares
1 metrics
Indirect common shares held
8,853,328 shares
Common Stock held via Jeffrey E. Eberwein Revocable Trust
Key Terms
Form 3, Common Stock, indirect, ten percent owner, +1 more
5 terms
Form 3 regulatory
"insider Filing Data (Form 3)"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
indirect financial
""ownership_type": "indirect""
ten percent owner regulatory
""is_ten_percent_owner": 1"
Revocable Trust financial
"nature_of_ownership": "Jeffrey E. Eberwein Revocable Trust""
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
What does Jeffrey E. Eberwein report in his Form 3 for RLBY?
Jeffrey E. Eberwein reports indirect ownership of 8,853,328 shares of Common Stock of Reliability Inc. These shares are held through the Jeffrey E. Eberwein Revocable Trust, reflecting a more than ten percent beneficial stake.
Is Jeffrey E. Eberwein a ten percent owner of Reliability Inc (RLBY)?
Yes. The Form 3 indicates Jeffrey E. Eberwein is a more than ten percent beneficial owner of Reliability Inc. His reported holdings are 8,853,328 common shares, held indirectly via the Jeffrey E. Eberwein Revocable Trust.
Does the Form 3 for RLBY show any recent insider buying or selling?
The Form 3 is an initial ownership report and shows a holding entry only. It discloses Jeffrey E. Eberwein’s existing indirect ownership of 8,853,328 shares, without reporting any new purchase or sale transactions.
What type of security does Jeffrey E. Eberwein hold in Reliability Inc (RLBY)?
The filing shows that Jeffrey E. Eberwein, through his revocable trust, holds Common Stock of Reliability Inc. The total reported indirect position is 8,853,328 shares following the reported holding entry.