Form 4: Reliance, Inc. CEO Karla R. Lewis Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Karla R. Lewis, President and CEO of Reliance, Inc., filed a Form 4 disclosing changes in her beneficial ownership of the company's common stock.
Summary
- On March 1, 2024, Karla R. Lewis, the President and CEO of Reliance, Inc., reported changes in her beneficial ownership of Reliance, Inc. common stock.
- The report indicates that Lewis acquired 5,125 shares of common stock.
- Following the reported transaction, Lewis directly owns 89,009 shares of Reliance, Inc. common stock.
- Lewis also indirectly owns 7,199 shares held by the Trustee of Reliance, Inc. Employee Stock Ownership Plan and 206 shares held by the Trustee of Reliance, Inc. 401(k) Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, like the CEO, when there are changes in their ownership of the company's stock. It provides transparency to the market regarding the actions of company leadership.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CEO's stake in the company.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction involving common stock. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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