STOCK TITAN

Reliance, Inc. (RS) investor files to sell 2,200 common shares under Rule 144

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A holder of Reliance, Inc. common stock filed a notice of proposed sale of up to 2,200 shares on or after 07/31/2026 through the NYSE, using Charles Schwab & Co., Inc. as broker. The filing lists an aggregate market value of $902,237.00 for the shares and references total common shares outstanding of 51,054,555.

The shares to be sold were acquired as equity compensation, including 1,493 shares from a performance stock lapse dated 02/24/2025 and 707 shares from a restricted stock lapse dated 12/01/2024.

Positive

  • None.

Negative

  • None.
Shares to be sold 2,200 shares Common stock covered by the Rule 144 notice
Aggregate market value $902,237.00 Reported value of the 2,200 shares proposed for sale
Shares outstanding 51,054,555 shares Total Reliance, Inc. common shares referenced in the filing
Performance stock lapse shares 1,493 shares Equity compensation from performance stock lapse on 02/24/2025
Restricted stock lapse shares 707 shares Equity compensation from restricted stock lapse on 12/01/2024
Proposed sale date 07/31/2026 Date when sale of covered shares may commence
Form 144 regulatory
"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
"| 1493 | 02/24/2025 | Equity Compensation Common |"
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.
Performance Stock Lapse financial
"Common | 02/24/2025 | Performance Stock Lapse | RELIANCE, INC."
Restricted Stock Lapse financial
"Common | 12/01/2024 | Restricted Stock Lapse | RELIANCE, INC."

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

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FAQ

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

Reliance, Inc. reports a planned sale of up to 2,200 shares of common stock under Rule 144, with an indicated aggregate market value of $902,237.00, to be sold through the NYSE.

How many Reliance, Inc. (RS) shares are planned for sale and on what exchange?

The filing covers up to 2,200 shares of Reliance, Inc. common stock proposed to be sold on the NYSE, using Charles Schwab & Co., Inc. as the broker for the transaction.

What is the reported market value of the Reliance, Inc. (RS) shares in this Form 144?

The planned sale of Reliance, Inc. common stock is associated with an aggregate market value of $902,237.00, as reported in the Form 144, for the 2,200 shares covered by the notice.

How were the Reliance, Inc. (RS) shares to be sold under Form 144 acquired?

The shares were acquired via equity compensation, including 1,493 shares from a performance stock lapse on 02/24/2025 and 707 shares from a restricted stock lapse on 12/01/2024.

What does the Form 144 say about Reliance, Inc. (RS) shares outstanding?

The Form 144 references 51,054,555 Reliance, Inc. common shares outstanding, providing context for the planned sale of 2,200 shares, which represents only a small portion of total shares.

When may the Reliance, Inc. (RS) Form 144 shares be sold?

The notice indicates a proposed sale date of 07/31/2026. This date marks when the 2,200 shares of Reliance, Inc. common stock may begin to be sold under Rule 144 conditions.

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