Form 4: Reliance Inc. Executive VP, COO Stephen Paul Koch Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Stephen Paul Koch, Executive VP and COO of Reliance Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's common stock on February 24, 2025.
Summary
- On February 24, 2025, Stephen Paul Koch, the Executive VP and COO of Reliance Inc., reported changes in his beneficial ownership of Reliance Inc. common stock.
- Koch acquired 13,110 shares of common stock at $0 and another 2,840 shares at $0.
- He also disposed of 5,702 shares at a price of $299.21.
- Following these transactions, Koch directly owns 17,087 shares of Reliance Inc. common stock.
- He also indirectly owns 747 shares held by the Trustee of Reliance, Inc. Employee Stock Ownership Plan and 1,119 shares held by the Trustee of Reliance, Inc. 401(k) Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and alignment with shareholder interests.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of earliest transaction |
| 02/24/2025 | Transaction date for common stock acquisition and disposition |
| 02/25/2025 | Signature date of the reporting person |
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