Form 4: Reliance Inc. CFO Arthur Ajemyan Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Arthur Ajemyan, SVP and CFO of Reliance Inc., reports acquisition and disposal of common stock, resulting in an adjusted beneficial ownership.

Summary

  • On February 24, 2025, Arthur Ajemyan, the SVP and CFO of Reliance Inc., reported changes in his beneficial ownership of the company's common stock.
  • The transactions included the acquisition of 1,136 and 11,472 shares of common stock at $0, as well as the disposal of 5,826 shares at a price of $299.21.
  • Following these transactions, Ajemyan directly owns 15,300 shares of Reliance Inc. common stock.
  • Additionally, he indirectly owns 1,327 shares held by the Trustee of Reliance, Inc. Employee Stock Ownership Plan and 1,195 shares held by the Trustee of Reliance, Inc. 401(k) Plan.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing. The sentiment is neither positive nor negative as it simply reports transactions.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to investors regarding the trading activities of company executives.

Stakeholder Impact

  • Shareholders are informed about the stock transactions of a key executive, providing transparency.

Key Dates

DateDescription
02/24/2025Date of earliest transaction: Acquisition and disposal of Reliance Inc. common stock.
02/25/2025Date of signature for the Form 4 filing.

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