Reliance, Inc. (RS) COO reports stock sales and updated share holdings
Rhea-AI Filing Summary
Reliance, Inc.12/01/2025, he sold 1,695 shares at a weighted average price of $283.26, 1,291 shares at a weighted average price of $283.84, and 80 shares at $285.32, all coded as open market sales. After these transactions, he held 14,021 shares directly. He also had indirect holdings of 747 shares through the Reliance, Inc. Employee Stock Ownership Plan and 1,136 shares through the Reliance, Inc. 401(k) Plan, both held by trustees. The filing notes that the reported prices are weighted averages and that full details by individual trade price are available upon request.
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FAQ
What did Reliance, Inc. (RS) disclose in this Form 4 filing?
The filing reports that executive vice president and COO Stephen Paul Koch sold shares of Reliance, Inc. common stock on 12/01/2025 in several open market transactions and discloses his remaining direct and indirect share holdings.
How many Reliance, Inc. (RS) shares did the executive sell and at what prices?
On 12/01/2025, Stephen Paul Koch sold 1,695 shares at a weighted average price of $283.26, 1,291 shares at a weighted average price of $283.84, and 80 shares at $285.32. The filing notes the first two prices are weighted averages over ranges of actual sale prices.
How many Reliance, Inc. (RS) shares does the reporting person own after the transactions?
Following the reported transactions, Stephen Paul Koch beneficially owned 14,021 shares of Reliance, Inc. common stock directly. In addition, he had indirect beneficial ownership of 747 shares held by the trustee of the Reliance, Inc. Employee Stock Ownership Plan and 1,136 shares held by the trustee of the Reliance, Inc. 401(k) Plan.
What do the weighted average prices in the Reliance, Inc. (RS) Form 4 mean?
The filing explains that the reported prices of $283.26 and $283.84 are weighted average sale prices for the shares disposed of. The actual sale prices ranged from $282.60 to $283.55 for one transaction and from $283.60 to $284.59 for another, with full trade-by-trade details available upon request.
What is the reporting person’s role at Reliance, Inc. (RS)?
The reporting person, Stephen Paul Koch, is identified as an officer of Reliance, Inc., serving as Executive Vice President and Chief Operating Officer (Exec. VP, COO).
Are any of the Reliance, Inc. (RS) shares held indirectly for the executive?
Yes. The Form 4 shows 747 shares held indirectly by the trustee of the Reliance, Inc. Employee Stock Ownership Plan and 1,136 shares held indirectly by the trustee of the Reliance, Inc. 401(k) Plan, both reported as indirect beneficial ownership.