STOCK TITAN

Shareholders back Reliance (NYSE: RS) directors as one proposal fails

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Reliance, Inc. reports the results of its recent shareholder vote. Stockholders elected all nominated directors, with votes for each ranging from about 34.1 million to 40.6 million, and broker non-votes of 5.1 million on each director item.

The filing also shows three additional proposals. Two received strong support, with 39.3 million and 45.6 million votes cast in favor, while one proposal was not approved, receiving 6.4 million votes for and 34.3 million against, along with detailed abstentions and broker non-votes.

Positive

  • None.

Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Votes for Karla R. Lewis 40,646,836 votes for Director election at shareholder meeting
Votes for David W. Seeger 34,111,575 votes for Director election at shareholder meeting
Broker non-votes on director elections 5,114,413 shares Per director election item
Proposal with strong support 45,646,752 votes for Non-director proposal with no broker non-votes
Proposal not approved 6,419,815 for; 34,315,008 against Non-director proposal with 144,512 abstentions
broker non-votes regulatory
"There were 5,114,413 broker non-votes."
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
Emerging growth company regulatory
"Emerging growth company [TABLE]"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Common stock, $0.001 par value financial
"Common stock, $0.001 par value | | RS | | New York Stock Exchange"
Section 13 or 15(d) regulatory
"Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934"
false 0000861884 0000861884 2026-05-20 2026-05-20 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

 

 

Date of Report (Date of earliest event reported):

May 20, 2026

 

 

 

RELIANCE, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-13122   95-1142616
(State or other jurisdiction of
incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification Number)

 

735 N. 19th Avenue

Phoenix, AZ 85009

(Address of principal executive offices)

 

(480) 564-5700

(Registrant’s telephone number, including area code)

 

Not applicable

(Former name or former address, if changed since last report)

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol   Name of each exchange on which registered
Common stock, $0.001 par value   RS   New York Stock Exchange

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

¨  Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ¨

 

 

 

 

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

 

(a)The Reliance, Inc. (the “Company”) Annual Meeting of Stockholders was held on May 20, 2026.

 

(b)Stockholders voted on the matters set forth below:

 

(1)Each of the nominees for election to the Company's Board of Directors was elected to hold office until the Company's next Annual Meeting of Stockholders, and until his or her successor is elected and qualified, based upon the following votes:

 

Nominee for director  Votes For   Votes Against   Votes Abstained   Broker Non-Votes 
Lisa L. Baldwin   39,106,189    1,744,012    29,134    5,114,413 
Karen W. Colonias   39,941,196    911,875    26,264    5,114,413 
Frank J. Dellaquila   40,479,352    380,988    18,995    5,114,413 
James K. Kamsickas   40,607,237    249,619    22,479    5,114,413 
Karla R. Lewis   40,646,836    209,155    23,344    5,114,413 
Robert A. McEvoy   39,057,348    1,800,465    21,522    5,114,413 
David W. Seeger   34,111,575    6,745,019    22,741    5,114,413 
Douglas W. Stotlar   39,004,228    1,853,053    22,054    5,114,413 
John G. Sznewajs   40,646,812    209,251    23,272    5,114,413 

 

(2)The proposal to approve, on an advisory basis, the compensation of the Company’s named executive officers was approved based upon the following votes:

 

The vote was 39,282,052 for; 1,528,970 against; and 68,313 abstentions. There were 5,114,413 broker non-votes.

 

(3)The proposal to ratify the selection of KPMG LLP as the Company’s independent registered public accounting firm for the 2026 fiscal year was approved based upon the following votes:

 

The vote was 45,646,752 for; 328,448 against; and 18,548 abstentions. There were no broker non-votes.

 

(4)The stockholder proposal requiring directors to depart the Board within nine months of failing to receive a majority vote was not approved based upon the following votes:

 

The vote was 6,419,815 for; 34,315,008 against; and 144,512 abstentions. There were 5,114,413 broker non-votes.

 

 2 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  RELIANCE, INC.
   
   
Dated:   May 21, 2026 By: /s/ William A. Smith II
    William A. Smith II
    Senior Vice President, General Counsel and Corporate Secretary

 

 3 

FAQ

What did Reliance (RS) disclose in its latest Form 8-K?

Reliance disclosed detailed results of its recent shareholder vote. The report covers director elections and three additional proposals, showing exact vote counts, abstentions, and broker non-votes so investors can see how strongly each item was supported or opposed.

Were all Reliance (RS) director nominees elected in the latest vote?

Yes, all listed director nominees were elected by shareholders. Each nominee received between roughly 34.1 million and 40.6 million votes for, with relatively low votes against and a consistent 5.1 million broker non-votes recorded on each director election item.

How strong was support for the main proposals at Reliance (RS)?

Support varied across proposals reported. Two non-director items received strong backing, with 39.3 million and 45.6 million votes for, while another proposal was rejected, receiving only 6.4 million votes for against 34.3 million votes against, plus recorded abstentions.

What are broker non-votes in the Reliance (RS) shareholder results?

Broker non-votes are shares held by brokers that were not voted on certain proposals. In the Reliance results, director elections and two proposals each showed 5.1 million broker non-votes, indicating those shares did not influence the outcome of those specific items.

Did any proposal fail to pass at the Reliance (RS) meeting?

Yes, one reported proposal did not pass. It received 6,419,815 votes for and 34,315,008 votes against, with 144,512 abstentions and 5,114,413 broker non-votes, indicating shareholders opposed that particular item by a wide margin.

Filing Exhibits & Attachments

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