Form 4: Reliance Inc. Director McEvoy Reports Stock Acquisition and Indirect Holdings
SEC Filing
Director Robert Ambrose McEvoy reports acquiring 506 shares of Reliance Inc. common stock and discloses indirect ownership through holdings for his children.
Summary
- On May 15, 2024, Robert Ambrose McEvoy, a director of Reliance Inc., acquired 506 shares of common stock at $0 per share.
- Following this transaction, McEvoy directly owns 22,247 shares of Reliance Inc.
- McEvoy also indirectly owns 1,210 shares through holdings as custodian for his children, but disclaims beneficial ownership of these shares.
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 reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock transaction |
| 05/16/2024 | Date of signature |
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