Reliance CFO sells 3,500 shares in open market

Reliance, Inc. SVP and CFO Arthur Ajemyan reported open-market sales of 3,500 shares of Reliance common stock.

(Very High)

(Negative)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Reliance, Inc. SVP and CFO Arthur Ajemyan reported open-market sales of 3,500 shares of Reliance common stock. On April 27, 2026, he sold 1,822 shares at a reported weighted average price of $357.61, 1,604 shares at $358.64, and 74 shares at $359.18. Footnotes state these are weighted averages, with individual trade prices ranging from about $357.12 to $359.19. After the transactions, he held 16,840 shares directly, plus 1,243 shares in the Reliance 401(k) Plan and 1,355 shares in the Employee Stock Ownership Plan, both reported as indirect holdings.

Insider Trade Summary

Net Seller: 3,500 shares

Net Sell 5 txns

Insider Ajemyan Arthur

Role SVP, CFO

Sold 3,500 shs ($1.25M)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,822	$357.61	$652K
Sale	Common Stock	1,604	$358.64	$575K
Sale	Common Stock	74	$359.18	$27K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 16,840 shares (Direct); Common Stock — 1,355 shares (Indirect, Held by Trustee of Reliance, Inc. Employee Stock Ownership Plan); Common Stock — 1,243 shares (Indirect, Held by Trustee of Reliance, Inc. 401(k) Plan)

Footnotes (3)

F1. The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $357.12 to $358.11. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F2. The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $358.12 to $359.00. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F3. The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $359.14 to $359.19. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Key Figures

Shares sold: 3,500 shares Tranche 1 sale: 1,822 shares at $357.61 Tranche 2 sale: 1,604 shares at $358.64 +5 more

8 metrics

Shares sold 3,500 shares Total open-market sales on April 27, 2026

Tranche 1 sale 1,822 shares at $357.61 Weighted average sale price on April 27, 2026

Tranche 2 sale 1,604 shares at $358.64 Weighted average sale price on April 27, 2026

Tranche 3 sale 74 shares at $359.18 Weighted average sale price on April 27, 2026

Direct holdings after sale 18,518 shares Common stock held directly after April 27, 2026 transactions

401(k) plan holdings 1,243 shares Held by Trustee of Reliance, Inc. 401(k) Plan, indirect

ESOP holdings 1,355 shares Held by Trustee of Reliance, Inc. Employee Stock Ownership Plan, indirect

Price range of sales $357.12–$359.19 Range of individual trade prices noted in footnotes

Key Terms

open-market sale, weighted average sale price, Employee Stock Ownership Plan, 401(k) Plan, +1 more

5 terms

open-market sale financial

"Sale in open market or private transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average sale price financial

"The price reported represents the weighted average sale price of the shares disposed of."

Employee Stock Ownership Plan financial

"Held by Trustee of Reliance, Inc. Employee Stock Ownership Plan"

An employee stock ownership plan (ESOP) is a company-run program that gives workers ownership stakes by allocating or letting them buy company shares, often through a retirement-style account. For investors, ESOPs matter because they align employees’ incentives with company performance—like turning staff into shareholders—which can boost productivity and long-term value but may also concentrate employee retirement savings in company stock, affecting financial risk and share demand.

401(k) Plan financial

"Held by Trustee of Reliance, Inc. 401(k) Plan"

A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.

indirect ownership financial

"direct_or_indirect: "I" and nature_of_ownership describes plan holdings"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Reliance (RS) disclose for CFO Arthur Ajemyan?

Reliance (RS) disclosed that SVP and CFO Arthur Ajemyan sold 3,500 shares of common stock in open-market transactions on April 27, 2026. The sales were reported in three tranches with specific share amounts and weighted average sale prices around $358 per share.

How many Reliance (RS) shares did the CFO sell and at what prices?

The CFO sold 3,500 Reliance (RS) shares: 1,822 shares at a weighted average of $357.61, 1,604 shares at $358.64, and 74 shares at $359.18. Footnotes note the actual trade prices ranged roughly between $357.12 and $359.19 per share across these transactions.

How many Reliance (RS) shares does the CFO hold after these sales?

After the reported sales, the CFO held 18,518 Reliance (RS) shares directly. He also had 1,243 shares held through the Reliance 401(k) Plan and 1,355 shares through the Employee Stock Ownership Plan, both listed as indirect holdings in the filing.

Were the Reliance (RS) insider sales executed on the open market?

Yes. All three reportable transactions for Reliance (RS) were coded as “S,” described as open-market or private sales of common stock. The filing specifies they were open-market sales with weighted average prices and detailed price ranges provided in the footnotes.

Do the Reliance (RS) footnotes explain the reported sale prices?

The footnotes explain that each reported sale price is a weighted average for multiple trades. For Reliance (RS) these trades occurred in price ranges from $357.12 to $359.19, and the CFO has undertaken to provide detailed price and share breakdowns to regulators or shareholders on request.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Accepted by SEC EDGAR 04/28/2026 - 04:56 PM EDT

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^*

Ajemyan Arthur

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/27/2026		S		1,822	D	$357.61⁽¹⁾	18,518	D
Common Stock	04/27/2026		S		1,604	D	$358.64⁽²⁾	16,914	D
Common Stock	04/27/2026		S		74	D	$359.18⁽³⁾	16,840	D
Common Stock								1,355	I	Held by Trustee of Reliance, Inc. Employee Stock Ownership Plan
Common Stock								1,243	I	Held by Trustee of Reliance, Inc. 401(k) 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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $357.12 to $358.11. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

2. The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $358.12 to $359.00. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

3. The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $359.14 to $359.19. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

	/s/ Arthur Ajemyan by William A. Smith II as his Attorney-in-Fact	04/28/2026
	** 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)

Source: View Original Filing on SEC EDGAR