Reliance (NYSE: RS) director David Seeger granted 469 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seeger David W reported acquisition or exercise transactions in this Form 4 filing.
RELIANCE, INC. director David W. Seeger received a grant of 469 shares of Common Stock on May 20, 2026 as a compensation-related award at no stated purchase price. Following this grant, he directly holds a total of 2,924 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seeger David W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 469 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,924 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 469 shares
Grant price: $0.00 per share
Total holdings after: 2,924 shares
+3 more
6 metrics
Shares granted
469 shares
Common Stock grant on May 20, 2026
Grant price
$0.00 per share
Stated transaction price for award
Total holdings after
2,924 shares
Common Stock directly owned after transaction
Transaction code
A
Grant, award, or other acquisition of Common Stock
Transaction direction
acquire
Non-derivative Common Stock award
Ownership type
Direct (D)
Shares held directly by reporting person
Key Terms
Common Stock, Grant, award, or other acquisition, direct ownership, Form 4
4 terms
Common Stock financial
"received a grant of 469 shares of Common Stock on May 20, 2026"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction code description shows “Grant, award, or other acquisition” for this entry"
direct ownership financial
"The Form 4 lists the ownership code as “D” for direct ownership"
Form 4 regulatory
"After the reported grant, David W. Seeger directly holds 2,924 shares disclosed in the Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did RELIANCE, INC. (RS) report for David W. Seeger?
RELIANCE, INC. reported that director David W. Seeger received a grant of 469 shares of Common Stock on May 20, 2026. The shares were awarded as a grant, not purchased on the open market, and increased his direct holdings in the company.
Was the RELIANCE, INC. (RS) Form 4 transaction an open-market stock purchase?
No, the transaction was not an open-market purchase. The Form 4 identifies the code “A,” meaning a grant, award, or other acquisition, with a transaction price of $0.00 per share, indicating a compensation-related stock award to director David W. Seeger.
What does transaction code “A” mean in the RELIANCE, INC. (RS) Form 4 filing?
Transaction code “A” in the filing means a grant, award, or other acquisition of stock, rather than a market trade. In this case, David W. Seeger received 469 shares of Common Stock as a grant, increasing his direct ownership in RELIANCE, INC.
Is the RELIANCE, INC. (RS) Form 4 transaction by David W. Seeger classified as direct ownership?
Yes, the shares are classified as directly owned. The Form 4 lists the ownership code as “D” for direct ownership, meaning the 2,924 shares, including the 469-share grant, are held directly by David W. Seeger rather than through an indirect entity or trust.