Form 4: Reliance Inc. Executive Jeffrey Wayne Durham Reports Changes in Beneficial Ownership
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
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction (acquisition and disposal of common stock) |
| 03/05/2024 | Date of signature on the Form 4 filing |
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