Reliance, Inc. (NYSE: RS) SVP sells 2,353 shares near $414
Rhea-AI Filing Summary
Reliance, Inc. senior vice president, general counsel and corporate secretary William A. Smith II reported selling a total of 2,353 shares of common stock on July 28, 2026, in two open-market or private transactions at weighted average prices of $413.90 and $414.42 per share.
After these sales, 417 shares are reported as held indirectly through the trustee of the Reliance, Inc. Employee Stock Ownership Plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 2,353 shares
Net Sell
3 txns
Insider
Smith William A II
Role
SVP, General Counsel, Corp Sec
Sold
2,353 shs ($975K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 962 | $413.90 | $398K |
| Sale | Common Stock F2 | 1,391 | $414.42 | $576K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 19,394 shares (Direct);
Common Stock — 417 shares (Indirect, Held by Trustee of Reliance, Inc. Employee Stock Ownership Plan)
Footnotes (2)
- F1. The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $413.37 to $414.18. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F2. The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $414.39 to $414.50. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Key Figures
Total shares sold: 2,353 shares
Sale tranche 1: 962 shares at $413.90 per share
Sale tranche 2: 1,391 shares at $414.42 per share
+3 more
6 metrics
Total shares sold
2,353 shares
Aggregate common stock sold by William A. Smith II on July 28, 2026
Sale tranche 1
962 shares at $413.90 per share
First reported sale of Reliance common stock on July 28, 2026
Sale tranche 2
1,391 shares at $414.42 per share
Second reported sale of Reliance common stock on July 28, 2026
Indirect holdings
417 shares
Shares held indirectly via Reliance, Inc. Employee Stock Ownership Plan after the reported sales
Price range tranche 1
$413.37 to $414.18
Actual sale price range corresponding to the first weighted average sale
Price range tranche 2
$414.39 to $414.50
Actual sale price range corresponding to the second weighted average sale
Key Terms
weighted average sale price, Employee Stock Ownership Plan, open market or private transaction
3 terms
weighted average sale price financial
"The price reported represents the weighted average sale price of the shares"
Employee Stock Ownership Plan financial
"Held by Trustee of Reliance, Inc. Employee Stock Ownership Plan"
An employee stock ownership plan (ESOP) is a company-run program that gives workers ownership stakes by allocating or letting them buy company shares, often through a retirement-style account. For investors, ESOPs matter because they align employees’ incentives with company performance—like turning staff into shareholders—which can boost productivity and long-term value but may also concentrate employee retirement savings in company stock, affecting financial risk and share demand.
open market or private transaction financial
"Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did William A. Smith II report for RS?
William A. Smith II, senior vice president and general counsel of Reliance, Inc., reported selling 2,353 shares of common stock on July 28, 2026. The sales occurred in two open-market or private transactions at weighted average prices of $413.90 and $414.42 per share.
What is the total volume of Reliance (RS) stock sold in this Form 4?
The total reported volume sold is 2,353 shares of Reliance common stock. This consists of two separate sales of 962 and 1,391 shares, both executed on July 28, 2026, at weighted average prices slightly above $413 per share.