Reliance director receives 469-share stock grant
Stotlar Douglas reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Stotlar Douglas reported acquisition or exercise transactions in this Form 4 filing.
RELIANCE, INC. director Douglas Stotlar reported an equity compensation grant of common stock. He received an award of 469 shares of common stock at a price of $0.00 per share, increasing his directly held stake to 469 shares.
The filing also lists 9,314 shares of common stock held indirectly through Kivi Talo Holdings LLC. Stotlar is the sole member of this limited liability company and disclaims beneficial ownership of those indirectly held shares except to the extent of his pecuniary interest in them.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 469 shares
Net Buy
2 txns
Insider
Stotlar Douglas
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 469 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 469 shares (Direct);
Common Stock — 9,314 shares (Indirect, Through Kivi Talo Holdings LLC)
Footnotes (1)
- F1. The Reporting Person is the sole member of the limited liability company that owns the reported securities. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Key Figures
Stock grant: 469 shares
Grant price: $0.00 per share
Direct holdings after grant: 469 shares
+1 more
4 metrics
Stock grant
469 shares
Common Stock grant at $0.00 per share, code A
Grant price
$0.00 per share
Equity compensation award of common stock
Direct holdings after grant
469 shares
Direct ownership of common stock following transaction
Indirect holdings
9,314 shares
Common stock held through Kivi Talo Holdings LLC
Key Terms
Grant, award, or other acquisition, indirect ownership, pecuniary interest, beneficial ownership
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
indirect ownership financial
"direct_or_indirect: I, ownership_type: indirect"
pecuniary interest financial
"disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein"
beneficial ownership financial
"disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did RELIANCE, INC. (RS) director Douglas Stotlar report?
Douglas Stotlar reported receiving an equity compensation award of 469 shares of RELIANCE, INC. common stock. The shares were granted at a price of $0.00 per share, reflecting a stock-based compensation grant rather than an open-market purchase or sale.
What does the Form 4 say about Douglas Stotlar’s indirect holdings of RELIANCE, INC. (RS) stock?
The Form 4 notes 9,314 RELIANCE, INC. common shares held indirectly through Kivi Talo Holdings LLC. Stotlar is the sole member of this LLC and disclaims beneficial ownership of these shares except for his pecuniary interest in them, as described in the footnote.
Was Douglas Stotlar’s RELIANCE, INC. (RS) transaction an open-market buy or sell?
The transaction was not an open-market trade. The Form 4 reports a code "A" transaction, described as a grant, award, or other acquisition, with 469 shares granted at $0.00 per share as stock-based compensation instead of a market purchase or sale.
How does the Form 4 classify Douglas Stotlar’s RELIANCE, INC. (RS) ownership type?
The filing shows two ownership types: 469 shares held with direct ownership and 9,314 shares held with indirect ownership through Kivi Talo Holdings LLC. The footnote explains he disclaims beneficial ownership of the indirect shares except for his pecuniary interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
