Reliance CEO granted 45,591 shares of stock
Reliance, Inc. reports that President and CEO Karla R. Lewis received a grant of 45,591 shares of common stock on February 23, 2026, as equity compensation.
Rhea-AI Filing Summary
Reliance, Inc. reports that President and CEO Karla R. Lewis received a grant of 45,591 shares of common stock on February 23, 2026, as equity compensation. On the same date, 23,197 shares were withheld to cover tax obligations. After these transactions, she holds 106,815 shares directly and 7,637 shares indirectly through the Reliance, Inc. Employee Stock Ownership Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 22,394 shares
Net Buy
4 txns
Insider
Lewis Karla R
Role
President, CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 45,591 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 23,197 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 106,815 shares (Direct);
Common Stock — 7,637 shares (Indirect, Held by Trustee of Reliance, Inc. Employee Stock Ownership Plan)
Key Figures
Equity grant: 45,591 shares
Tax-withheld shares: 23,197 shares
Direct holdings after transaction: 106,815 shares
+1 more
4 metrics
Equity grant
45,591 shares
Common Stock granted to Karla R. Lewis on February 23, 2026
Tax-withheld shares
23,197 shares
Shares delivered to satisfy tax obligations on February 23, 2026
Direct holdings after transaction
106,815 shares
Direct common stock holdings reported after the February 23, 2026 transactions
Indirect ESOP holdings
7,637 shares
Common stock held indirectly via Reliance, Inc. Employee Stock Ownership Plan
Key Terms
tax-withholding disposition, Employee Stock Ownership Plan, indirect ownership
3 terms
tax-withholding disposition financial
"The transaction_action field describes a tax-withholding disposition of shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Employee Stock Ownership Plan financial
"Nature of ownership states 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.
indirect ownership financial
"ownership_type is indirect for shares held via the Employee Stock Ownership Plan"
FAQ
What are Karla R. Lewis's total holdings after this Reliance (RS) Form 4?
After the reported transactions, Karla R. Lewis holds 106,815 shares of Reliance common stock directly. She also has 7,637 shares reported as indirectly owned, held by the Trustee of the Reliance, Inc. Employee Stock Ownership Plan for her benefit.
Was the Reliance (RS) CEO transaction a market sale or a tax event?
The filing describes a tax-withholding disposition of 23,197 shares, not a regular market sale. These shares were delivered to cover tax obligations tied to an equity grant, consistent with code F, rather than being discretionary sales on the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
