Reliance SVP Smith sells 6,615 company shares
Reliance, Inc. senior executive reports open-market share sales.
Rhea-AI Filing Summary
Reliance, Inc. senior executive reports open-market share sales. SVP, General Counsel and Corporate Secretary William A. Smith II sold 1,707 shares of Reliance common stock at an average price of $302.59 and 4,908 shares at $297.23 on March 9, 2026, in open-market transactions.
After these sales, he directly holds 21,747 Reliance shares and has an additional 417 shares held indirectly through the Reliance, Inc. Employee Stock Ownership Plan. A footnote explains that one transaction price represents a weighted average, with actual sale prices ranging from $297.07 to $297.62.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,707 | $302.59 | $517K |
| Sale | Common Stock | 4,908 | $297.23 | $1.46M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $297.07 to $297.62. 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.
FAQ
What did Reliance (RS) insider William A. Smith II report in this Form 4?
What are William A. Smith II’s remaining Reliance (RS) holdings after these sales?
What role does William A. Smith II hold at Reliance (RS)?
Were the Reliance (RS) insider transactions open-market sales or other types of trades?
What does the weighted average price footnote mean in the Reliance (RS) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.