Form 4: Reliance Inc. Director Acquires Shares Through LLC
SEC Form 4 Filing
Director Douglas Stotlar acquired 567 shares of Reliance Inc. common stock through Kivi Talo Holdings LLC.
Summary
- On May 21, 2025, Douglas Stotlar, a director of Reliance Inc., acquired 567 shares of common stock.
- The acquisition was made indirectly through Kivi Talo Holdings LLC.
- The price per share was $0.
- Following the transaction, Stotlar beneficially owns 9,314 shares indirectly through Kivi Talo Holdings LLC.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any explicit positive or negative sentiment, simply reporting a transaction.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence, as it signals a director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of transaction: Douglas Stotlar acquired shares of Reliance Inc. common stock. |
| 05/22/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Reliance Inc., Director, Stock Acquisition, Stotlar, RS, Kivi Talo Holdings LLC
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