Reliance Steel & Aluminum (NYSE: RS) insider to sell 1,129 shares via Form 144
Rhea-AI Filing Summary
Reliance Steel & Aluminum common stock holder plans a small insider sale. A person associated with the issuer filed notice of intent to sell 1,129 shares of common stock of Reliance Steel & Aluminum through broker Charles Schwab & Co., Inc. on or about 12/01/2025, with an aggregate market value of $320,333.00. The filing notes that 52,286,963 shares of the issuer’s common stock were outstanding, providing a baseline for the size of the planned sale.
The shares to be sold were acquired on 12/01/2025 through a restricted stock lapse classified as equity compensation. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about the company’s current or prospective operations.
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FAQ
What does the Form 144 filing for RS disclose?
The Form 144 filing for Reliance Steel & Aluminum (RS) discloses that a shareholder intends to sell 1,129 shares of common stock, with an aggregate market value of $320,333.00, through Charles Schwab & Co., Inc. on or about 12/01/2025.
How many Reliance Steel & Aluminum shares are planned to be sold under this Form 144?
The notice states that 1,129 shares of Reliance Steel & Aluminum common stock are planned to be sold.
What is the reported aggregate market value of the RS shares to be sold?
The aggregate market value of the Reliance Steel & Aluminum shares covered by the notice is reported as $320,333.00.
When were the RS shares to be sold acquired and how?
The shares to be sold were acquired on 12/01/2025 via a restricted stock lapse, characterized in the filing as equity compensation.
How many Reliance Steel & Aluminum shares were outstanding according to the notice?
The notice reports that 52,286,963 shares of Reliance Steel & Aluminum common stock were outstanding.
What representation does the selling person make in this RS Form 144?
The selling person represents that they do not know any material adverse information about Reliance Steel & Aluminum’s current or prospective operations that has not been publicly disclosed.
Which broker is handling the planned RS share sale disclosed in the Form 144?
The planned sale of Reliance Steel & Aluminum common stock is listed as being handled by Charles Schwab & Co., Inc., located in Westlake, Texas.