Executive at Reliance (NYSE: RS) awarded 1,324 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smith William A II reported acquisition or exercise transactions in this Form 4 filing.
Reliance, Inc. executive William A. Smith II received a grant of 1,324 shares of common stock on March 5, 2026. The award was recorded at a price of $0.00 per share, indicating it is a stock-based compensation grant rather than an open-market purchase.
After this grant, Smith directly holds 28,362 shares of Reliance common stock. He also has an additional 417 shares held indirectly through the trustee of the Reliance, Inc. Employee Stock Ownership Plan, reflecting his beneficial interest in that plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Smith William A II
Role
SVP, General Counsel, Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,324 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 28,362 shares (Direct);
Common Stock — 417 shares (Indirect, Held by Trustee of Reliance, Inc. Employee Stock Ownership Plan)
Footnotes (1)
FAQ
What insider transaction did RS executive William A. Smith II report?
William A. Smith II reported receiving a grant of 1,324 shares of Reliance, Inc. common stock. The shares were awarded at a stated price of $0.00 per share, indicating stock-based compensation rather than a market purchase, and increased his direct holdings in the company.
Was the RS insider transaction a stock purchase or an award?
The transaction was an award, not a market purchase. The Form 4 classifies it as a grant or other acquisition of 1,324 common shares at a price of $0.00 per share, consistent with stock-based compensation for William A. Smith II at Reliance, Inc.
What is William A. Smith II’s role at Reliance (RS)?
William A. Smith II serves as Senior Vice President, General Counsel, and Corporate Secretary at Reliance, Inc. His Form 4 filing reflects an equity award of 1,324 common shares, aligning part of his compensation with the company’s stock performance over time.