Reliance (NYSE: RS) CFO sells 3,500 shares, retains 18,518
Filing Impact
Filing Sentiment
Form Type
4
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 18,518 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,500 shares ($1,253,403)
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 — 18,518 shares (Direct, null);
Common Stock — 1,355 shares (Indirect, Held by Trustee of Reliance, Inc. Employee Stock Ownership Plan)
Footnotes (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. 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. 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
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.
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.