Form 4: Reliance Inc. Director David W. Seeger Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director David W. Seeger reported acquiring and disposing of common stock in Reliance Inc. on May 15, 2024.
Summary
- On May 15, 2024, David W. Seeger, a director of Reliance Inc., engaged in transactions involving the company's common stock.
- Seeger acquired 506 shares of common stock at $0 per share.
- Seeger disposed of 1,888 shares of common stock.
- Following these transactions, Seeger beneficially owns 1,888 shares of Reliance Inc.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by a company director. The sentiment is neutral as it simply reports facts without indicating positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: acquisition and disposition of common stock. |
| 05/16/2024 | Date of signature on the report. |
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