Reliance, Inc. (RS) investor files to sell 2,200 common shares under Rule 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.
Key Figures
Shares to be sold: 2,200 shares
Aggregate market value: $902,237.00
Shares outstanding: 51,054,555 shares
+3 more
6 metrics
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
Key Terms
Form 144, Equity Compensation, Performance Stock Lapse, Restricted Stock Lapse
4 terms
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.
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.