Reliance director granted 469 common shares
RELIANCE, INC. director Robert Ambrose McEvoy reported an acquisition of 469 shares of common stock on May 20, 2026, recorded as a grant or award at a price of $0.0000 per share.
Rhea-AI Filing Summary
RELIANCE, INC. director Robert Ambrose McEvoy reported an acquisition of 469 shares of common stock on May 20, 2026, recorded as a grant or award at a price of $0.0000 per share. Following this transaction, he directly holds 23,283 common shares.
The filing also lists 1,210 common shares held indirectly as custodian for his daughters. A footnote states that McEvoy disclaims beneficial ownership of these indirectly held shares and that the report is not an admission of beneficial ownership for Section 16 or any other purpose.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 469 shares
Net Buy
2 txns
Insider
McEvoy Robert Ambrose
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 469 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 23,283 shares (Direct);
Common Stock — 1,210 shares (Indirect, By children)
Footnotes (1)
- F1. Shares held as custodian for Mr. McEvoy's daughters. The Reporting Person disclaims beneficial ownership of these shares, and this report shall not be deemed as an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or any other purpose.
Key Figures
Grant size: 469 shares
Grant price: $0.0000 per share
Direct holdings after grant: 23,283 shares
+1 more
4 metrics
Grant size
469 shares
Non-derivative grant on May 20, 2026
Grant price
$0.0000 per share
Stated transaction price for 469-share grant
Direct holdings after grant
23,283 shares
Total common shares directly held after transaction
Indirect custodial holdings
1,210 shares
Shares held as custodian for daughters; beneficial ownership disclaimed
Key Terms
Grant, award, or other acquisition, beneficial ownership, Section 16, custodian
4 terms
Grant, award, or other acquisition financial
"transaction code description is “Grant, award, or other acquisition” for the 469-share entry"
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of these shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"not be deemed as an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
custodian financial
"Shares held as custodian for Mr. McEvoy's daughters"
A custodian is a financial institution that holds and safeguards an investor's assets—such as stocks, bonds, or cash—and records transactions on the investor's behalf. Think of it as a trusted caretaker or safe-deposit box for investments; it helps prevent loss or theft, handles paperwork and transfers, and provides transparency and regulatory checks, so investors can focus on decisions rather than the mechanics or security of asset storage.
FAQ
What insider transaction did RS director Robert Ambrose McEvoy report?
Robert Ambrose McEvoy reported receiving a grant of 469 shares of Reliance, Inc. common stock on May 20, 2026, at a stated price of $0.0000 per share, increasing his directly held position to 23,283 shares.
Does the RS Form 4 indicate any sales of Reliance, Inc. stock by Robert McEvoy?
The Form 4 data show no reported sales by Robert McEvoy. It includes one non-derivative grant of 469 shares increasing his direct holdings and a separate holding entry for 1,210 shares held as custodian for his daughters, with no sale transactions listed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
