Form 4: Reliance Inc. Director Mark V. Kaminski Sells Shares
SEC Form 4 Filing
Director Mark V. Kaminski sold shares of Reliance Inc. on October 28, 2024, according to a Form 4 filing with the SEC.
Summary
- Mark V. Kaminski, a director of Reliance Inc., reported a transaction involving the company's common stock on October 28, 2024.
- He disposed of 1,121 shares as a gift and sold 6,810 shares at a weighted average price of $298.01.
- Following these transactions, Kaminski directly owns 0 shares and indirectly owns 11,534 shares through the Elizabeth S. Kaminski Gift Trust dtd 12/14/12.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by a company director.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like directors and officers, trade their company's stock. These filings provide transparency into insider transactions.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it's a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 12/14/12 | Date of Elizabeth S. Kaminski Gift Trust |
| 10/28/2024 | Date of stock sale and gift transaction |
| 10/30/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.