Form 4: Reliance Inc. Director McEvoy Reports Changes in Beneficial Ownership

Sentiment:

SEC Filing


Director Robert Ambrose McEvoy reports acquisition and disposal of Reliance Inc. common stock, including shares held as custodian for his children.

Summary

  • Robert Ambrose McEvoy, a director of Reliance Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's common stock.
  • On May 21, 2025, McEvoy acquired 567 shares of common stock.
  • McEvoy also reported indirect beneficial ownership of 1,210 shares held by his children.
  • He disclaims beneficial ownership of these shares held by his children.
  • The report indicates that McEvoy directly owns 22,814 shares of Reliance Inc. common stock after the reported transactions.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for company insiders (directors, officers, and principal stockholders) to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
05/21/2025Date of transaction: Acquisition and disposal of common stock.
05/22/2025Date of signature for the report.

Keywords

Form 4, Beneficial Ownership, Reliance Inc., McEvoy, Director, Common Stock

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.