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Reliance Inc. (NYSE: RS) files Form 144 for planned NYSE stock sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Reliance Inc. has a Form 144 filing indicating an intention to sell common stock listed on the NYSE, with Merrill Lynch identified in connection with the planned transaction. The filing references common stock related to equity compensation, with entries dated December 1, 2024 and February 24, 2025, and shows a line item associated with a future date of July 28, 2026.

Positive

  • None.

Negative

  • None.
Quantity entry 2353 Quantity shown for a Reliance Inc. common stock line in the securities information section
Numeric entry 974629.58 Monetary-related column associated with the common stock line in the securities information section
Numeric entry 51054555 Additional numeric column on the same common stock line in the securities information section
Future-related date 07/28/2026 Date associated with the Reliance Inc. common stock line, alongside NYSE reference
Equity compensation date 12/01/2024 Date for an equity compensation-related common stock entry in the securities to be sold section
Equity compensation date 02/24/2025 Date for another equity compensation-related common stock entry in the securities to be sold section
Equity compensation quantity 1646 Quantity listed for one equity compensation common stock entry
Equity compensation quantity 707 Quantity listed for another equity compensation common stock entry
Form 144 regulatory
"144: Filer Information | | | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Equity Compensation financial
"common | 02/24/2025 | Equity Compensation | Reliance Inc"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
Securities To Be Sold regulatory
"144: Securities To Be Sold"
Securities Sold During The Past 3 Months regulatory
"144: Securities Sold During The Past 3 Months"
Merrill Lynch financial
"COMMOM | Merrill Lynch 450 N Stephanie St #600 Henderson"

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

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FAQ

What does Reliance Inc. (RS) report in this Form 144 filing?

Reliance Inc. reports an intended sale of common stock on the NYSE, with Merrill Lynch involved. The filing covers securities tied to equity compensation and lists specific dates and quantities for those entries.

Which broker is associated with the Reliance Inc. (RS) Form 144 stock sale?

The Form 144 associates the planned sale with Merrill Lynch, including its address in Henderson, Nevada. This indicates Merrill Lynch’s role in handling the potential disposition of Reliance Inc. common stock reported in the filing.

What types of securities are referenced for Reliance Inc. (RS) in this Form 144?

The filing references common stock of Reliance Inc. traded on the NYSE. It also notes that some of the reported securities are connected to equity compensation awards, reflected in separate dated entries.

Which equity compensation dates appear in the Reliance Inc. (RS) Form 144 details?

The Form 144 lists equity compensation-related common stock entries dated December 1, 2024 and February 24, 2025. Each date is associated with a specific quantity of shares reported in the securities information section.

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