Form 4: Reliance Inc. Director Douglas Stotlar Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Douglas Stotlar reports acquiring 506 shares of Reliance Inc. common stock through Kivi Talo Holdings LLC.
Summary
- On May 15, 2024, Douglas Stotlar, a director of Reliance Inc., reported acquiring 506 shares of common stock.
- The acquisition was made indirectly through Kivi Talo Holdings LLC.
- Following the transaction, Stotlar beneficially owns 8,747 shares indirectly through Kivi Talo Holdings LLC.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: Acquisition of 506 shares of common stock. |
| 05/16/2024 | Date of signature for the Form 4 filing. |
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