Reliance (NYSE: RS) SVP granted shares, uses stock to cover taxes

Rhea-AI Filing Summary

Reliance, Inc. senior vice president and general counsel William A. Smith II received a grant of 8,864 shares of common stock on February 23, 2026 at no cost. On the same date, 4,511 shares were withheld to cover taxes, leaving him with 27,038 directly held shares and 417 shares held indirectly through the company’s employee stock ownership plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Smith William A II

(Last) (First) (Middle)

C/O RELIANCE, INC.

735 N. 19TH AVENUE

(Street)

PHOENIX AZ 85009

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RELIANCE, INC. [ RS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, General Counsel, Corp Sec

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/23/2026		A		8,864	A	$0	31,549	D
Common Stock	02/23/2026		F		4,511	D	$0	27,038	D
Common Stock								417	I	Held by Trustee of Reliance, Inc. Employee Stock Ownership Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ William A. Smith II	02/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Reliance (RS) executive William A. Smith II report in this insider filing?

William A. Smith II reported a stock grant and related tax withholding. He received 8,864 Reliance common shares and had 4,511 shares withheld to satisfy tax obligations, reflecting routine equity-based compensation activity.

How many Reliance (RS) shares was the executive granted and at what price?

He was granted 8,864 shares of Reliance common stock at $0.00 per share. This indicates a compensation-related award rather than an open-market purchase, consistent with typical equity incentives for senior executives.

Why were 4,511 Reliance (RS) shares disposed of in this filing?

The 4,511 shares were disposed of as a tax-withholding transaction. Shares were delivered to cover tax liabilities arising from the stock grant, not as an open-market sale, which is common in equity compensation programs.

How many Reliance (RS) shares does William A. Smith II own after these transactions?

After the transactions, he holds 27,038 Reliance common shares directly. In addition, 417 shares are held indirectly through the Reliance, Inc. Employee Stock Ownership Plan, reflecting both personal and plan-related holdings.

Were the Reliance (RS) insider transactions open-market buys or sells?

The filing shows a grant/award acquisition and a tax-withholding disposition, not open-market trades. Shares were awarded at no cost and some were surrendered to cover tax obligations on the award.