Reliance (NYSE: RS) CEO gets 45,591-share award, 23,197 withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RELIANCE, INC. President and CEO Karla R. Lewis reported stock-based compensation and related tax withholding transactions in company common stock. On February 23, 2026, she received a grant or award acquisition of 45,591 shares of common stock at a reported price of $0.00 per share, increasing her directly held common stock to 130,012 shares.
On the same date, 23,197 shares of common stock were disposed of in a tax-withholding disposition, leaving 106,815 shares held directly after that transaction. Separately, indirect holdings are reported as 7,424 shares and 213 shares of common stock held by the trustee of the Reliance, Inc. Employee Stock Ownership Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Lewis Karla R
Role
President, CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 45,591 | $0.00 | -- |
| Tax Withholding | Common Stock | 23,197 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 130,012 shares (Direct);
Common Stock — 7,424 shares (Indirect, Held by Trustee of Reliance, Inc. Employee Stock Ownership Plan)
Footnotes (1)
FAQ
What did Reliance (RS) CEO Karla R. Lewis report on this Form 4?
Karla R. Lewis reported stock-based compensation activity in Reliance common stock. She received a grant or award of 45,591 shares and reported a separate tax-withholding disposition of 23,197 shares, along with indirect holdings through the Reliance, Inc. Employee Stock Ownership Plan.
Are the Reliance (RS) CEO’s transactions on this Form 4 open-market buys or sells?
No, the filing describes a grant or award acquisition and a tax-withholding disposition, not open-market trades. The acquisition reflects stock-based compensation, while the disposition covers taxes or exercise costs by delivering Reliance common stock instead of cash.
What indirect Reliance (RS) holdings are reported for the CEO?
The Form 4 lists indirect ownership of Reliance common stock through the company’s Employee Stock Ownership Plan. It reports 7,424 shares and 213 shares held by the plan’s trustee, reflecting retirement or employee benefit-related holdings associated with the CEO.