Form 4: Reliance Inc. Executive Jeffrey Wayne Durham Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Jeffrey Wayne Durham, a Senior VP at Reliance Inc., reported the acquisition and disposal of common stock on March 1, 2024, according to a Form 4 filing.

Summary

  • On March 1, 2024, Jeffrey Wayne Durham, a Senior VP at Reliance Inc., reported changes in his beneficial ownership of the company's common stock.
  • Durham acquired 1,495 shares of common stock at $0.
  • He also disposed of 1,854 shares held indirectly through the Reliance, Inc. 401(k) Plan.
  • Following these transactions, Durham directly owns 30,631 shares of Reliance Inc. common stock.

Sentiment

Score: 5

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

Industry Context

Form 4 filings are a routine part of compliance for corporate insiders, providing transparency into their trading activities in the company's stock.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the trading activities of a company insider.

Key Dates

DateDescription
03/01/2024Date of transaction (acquisition and disposal of common stock)
03/05/2024Date of signature on the Form 4 filing

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