Form 4: Reliance Inc. Executive William A. Smith II Reports Changes in Beneficial Ownership
SEC Form 4 Filing
William A. Smith II, SVP, General Counsel, and Corporate Secretary of Reliance Inc., filed a Form 4 detailing transactions involving the company's common stock on February 24, 2025.
Summary
- On February 24, 2025, William A. Smith II, SVP, General Counsel, and Corporate Secretary of Reliance Inc., reported changes in his beneficial ownership of the company's common stock.
- The transactions included the acquisition of 11,472 shares and 1,491 shares at $0, and the disposition of 5,826 shares at $299.21.
- Following these transactions, Smith directly owns 23,259 shares of Reliance Inc. common stock.
- Smith also indirectly owns 417 shares held by the Trustee of Reliance, Inc. Employee Stock Ownership Plan.
Sentiment
Score: 5
Explanation: This is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions.
Industry Context
Form 4 filings are a routine part of compliance for company insiders and provide transparency into their transactions in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of earliest transaction involving Reliance Inc. common stock. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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.