Form 4: Reliance Inc. CFO Arthur Ajemyan Sells Shares

Arthur Ajemyan, SVP and CFO of Reliance Inc., sold a portion of his holdings in the company's common stock on November 6, 2024.

Summary

• On November 6, 2024, Arthur Ajemyan, the SVP and CFO of Reliance Inc., sold shares of the company's common stock.
• The sales were executed in multiple transactions at weighted average prices of $317.13, $318.13, and $319.75.
• A total of 2,769 shares were sold at an average price of $317.13.
• A total of 1,654 shares were sold at an average price of $318.13.
• A total of 1,909 shares were sold at an average price of $319.75.
• Following these transactions, Ajemyan directly owns 9,245 shares of Reliance Inc. common stock.
• Ajemyan also indirectly owns 1,323 shares held by the Trustee of Reliance, Inc. Employee Stock Ownership Plan.
• Ajemyan also indirectly owns 1,165 shares held by the Trustee of Reliance, Inc. 401(k) Plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock sales. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity. It's common for executives to periodically sell shares for personal financial management.

Stakeholder Impact

• The stock sale could have a minor negative impact on shareholder sentiment, but is unlikely to have a significant impact on the company's operations or financial performance.

Key Dates