Reliance director granted 469 company shares

Baldwin Lisa reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Baldwin Lisa reported acquisition or exercise transactions in this Form 4 filing.

Reliance, Inc. director Lisa Baldwin received a grant of 469 shares of common stock on May 20, 2026 as a compensation-related award with no cash price per share. After this grant, she holds a total of 5,128 Reliance common shares directly.

Insights

Insider trading and governance analyst

Director received a small stock grant as routine compensation.

Director Lisa Baldwin acquired 469 shares of Reliance, Inc. common stock through a grant classified as a “grant, award, or other acquisition.” The transaction price is listed as $0.0000 per share, indicating it is a non-cash equity award.

Following this grant, Baldwin directly holds 5,128 common shares. This is a standard board compensation mechanism rather than an open-market purchase or sale, so it carries limited signaling value about her view of the stock and appears administratively routine.

Insider Trade Summary

Net Buyer: 469 shares

Net Buy 1 txn

Insider Baldwin Lisa

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	469	$0.00	$0.00

Holdings After Transaction: Common Stock — 5,128 shares (Direct)

Key Figures

Shares granted: 469 shares Grant price: $0.0000 per share Shares held after grant: 5,128 shares

3 metrics

Shares granted 469 shares Common Stock grant on May 20, 2026

Grant price $0.0000 per share Equity award, non-cash compensation

Shares held after grant 5,128 shares Total direct holdings post-transaction

Key Terms

Grant, award, or other acquisition, Common Stock, Form 4

3 terms

Grant, award, or other acquisition financial

"transaction is classified as a “grant, award, or other acquisition”"

Common Stock financial

"security involved in the transaction is Reliance common stock"

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.

Form 4 regulatory

"transaction was reported in a Form 4 insider filing"

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 did Reliance, Inc. (RS) director Lisa Baldwin report in this Form 4?

Director Lisa Baldwin reported receiving 469 shares of Reliance, Inc. common stock as a grant on May 20, 2026. This non-cash equity award increased her direct holdings to 5,128 shares, reflecting routine director compensation rather than an open-market trade.

How many Reliance, Inc. (RS) shares did Lisa Baldwin acquire in this transaction?

Lisa Baldwin acquired 469 shares of Reliance, Inc. common stock through a grant or award. The filing lists the transaction price as $0.0000 per share, showing it is compensation-based, not a market purchase, and expands her equity stake in the company modestly.

What are Lisa Baldwin’s total Reliance, Inc. (RS) holdings after the reported Form 4 grant?

After the reported grant, Lisa Baldwin directly holds 5,128 shares of Reliance, Inc. common stock. This total reflects her position following receipt of the 469-share equity award disclosed in the Form 4, offering investors transparency into director ownership levels.

Was the Reliance, Inc. (RS) Form 4 transaction a market buy or a stock grant?

The transaction was a stock grant, not a market purchase. The Form 4 classifies it as a “grant, award, or other acquisition” with a per-share price of $0.0000, indicating compensation-related issuance rather than an open-market buy or sell decision by the director.

Does the Reliance, Inc. (RS) Form 4 show any insider selling by Lisa Baldwin?

The Form 4 does not show any insider selling by Lisa Baldwin. It only reports an acquisition of 469 common shares via a non-cash grant, increasing her direct holdings to 5,128 shares, with no dispositions or sales recorded in this particular filing.

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Accepted by SEC EDGAR 05/22/2026 - 04:04 PM Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Baldwin Lisa

(Last) (First) (Middle)

C/O RELIANCE, INC.

735 N. 19TH AVENUE

(Street)

PHOENIX ARIZONA 85009

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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

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

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

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	05/20/2026		A		469	A	$0	5,128	D

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/ Lisa Baldwin by William A. Smith II as her Attorney-in-Fact	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)