Form 4: Reliance, Inc. CEO Karla R. Lewis Reports Stock Transactions
SEC Form 4 Filing
Karla R. Lewis, President and CEO of Reliance, Inc., reports the acquisition and disposition of common stock on February 24, 2025.
Summary
- On February 24, 2025, Karla R. Lewis, the President and CEO of Reliance, Inc., engaged in multiple transactions involving the company's common stock.
- Lewis acquired 31,136 shares and 5,113 shares at $0.
- She also disposed of shares in multiple transactions at prices ranging from $299.26 to $304.4.
- Specifically, 12,114 shares were sold at an average price of $299.26, 11,317 shares at $300, 1,135 shares at $301.44, 810 shares at $302.32, 4,790 shares at $303.65, and 970 shares at $304.4.
- Following these transactions, Lewis directly owns 90,230 shares of Reliance, Inc. common stock.
- Additionally, Lewis indirectly owns 7,304 shares held by the Trustee of Reliance Steel & Aluminum Co. Employee Stock Ownership Plan and 210 shares held by the Trustee of Reliance Steel & Aluminum Co. 401(k) Plan.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. The sentiment is neither positive nor negative as it simply reflects trading activity.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, as insider trading activity is often scrutinized by investors.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of stock transactions (acquisition and disposition of shares). |
| 02/25/2025 | Date of signature on the Form 4 filing. |
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