Form 4: Reliance Inc. Director Acquires and Disposes of Common Stock
SEC Form 4 Filing
Director Frank J. Dellaquila reports acquiring and disposing of Reliance Inc. common stock on May 15, 2024.
Summary
- On May 15, 2024, Frank J. Dellaquila, a director of Reliance Inc., engaged in transactions involving the company's common stock.
- Dellaquila acquired 506 shares of common stock at $0.
- Simultaneously, Dellaquila disposed of 1,888 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock acquisition and disposal. |
| 05/16/2024 | Date of signature for the report. |
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