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Reliance (NYSE: RS) CEO gets 45,591-share award, 23,197 withheld

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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Negative

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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)
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lewis Karla R

(Last) (First) (Middle)
C/O RELIANCE, INC.
735 N. 19TH AVENUE

(Street)
PHOENIX AZ 85009

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RELIANCE, INC. [ RS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President, CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/23/2026 A 45,591 A $0 130,012 D
Common Stock 02/23/2026 F 23,197 D $0 106,815 D
Common Stock 7,424 I Held by Trustee of Reliance, Inc. Employee Stock Ownership Plan
Common Stock 213 I Held by Trustee of Reliance, Inc. Employee Stock Ownership Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ Karla R. Lewis by William A. Smith II as her Attorney-in-Fact 02/25/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many Reliance (RS) shares were granted to the CEO on February 23, 2026?

The CEO received a grant or award acquisition of 45,591 shares of Reliance common stock on February 23, 2026. These shares were reported at a price of $0.00 per share, reflecting a stock-based compensation award rather than an open-market purchase transaction.

What does the 23,197-share Reliance (RS) disposition represent?

The 23,197-share disposition is reported as a tax-withholding transaction. Shares were delivered to cover an exercise price or tax liability, not as an open-market sale, and the CEO’s directly held Reliance common stock position was 106,815 shares after this withholding.

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.

How many Reliance (RS) shares does the CEO hold directly after these transactions?

After the reported grant and tax-withholding disposition, directly held Reliance common stock is listed as 106,815 shares. This figure reflects the balance following the 23,197-share tax-withholding transaction on February 23, 2026, according to the Form 4 data.