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Reliance officer Koch proposes $3.59M share sale

The notice lists an approximate October 27, 2026 sale date through Charles Schwab & Co., Inc., with NYSE named as the exchange.

(Neutral)

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Form Type
144

Rhea-AI Filing Summary

Reliance, Inc. officer Stephen Paul Koch filed a notice for a proposed sale of 8,344 common shares, with an aggregate market value of $3,590,875.00. The notice lists October 27, 2026, as the approximate sale date, Charles Schwab & Co., Inc. as broker, and NYSE as the exchange. It also lists shares acquired through performance stock and restricted stock lapses.

Proposed shares for sale 8,344 shares Common shares; approximate sale date October 27, 2026
Aggregate market value $3,590,875.00 Proposed sale
Shares acquired through performance stock lapse 7,408 shares February 24, 2025
Shares acquired through restricted stock lapse 926 shares December 1, 2024
Rule 144 regulatory
"definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Performance Stock Lapse financial
"02/24/2025 | Performance Stock Lapse"
Restricted Stock Lapse financial
"12/01/2024 | Restricted Stock Lapse"

FAQ

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

How many shares does Reliance (RS) officer Stephen Paul Koch propose to sell?

Stephen Paul Koch proposes to sell 8,344 common shares, with an aggregate market value of $3,590,875.00. The notice lists October 27, 2026, as the approximate sale date.

How did Stephen Paul Koch acquire the Reliance (RS) shares listed in the notice?

The listed entries are 7,408 shares from a performance stock lapse dated February 24, 2025, and 926 shares from a restricted stock lapse dated December 1, 2024. Both entries identify equity compensation as the nature of payment.

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

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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