| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RS | Common Stock | Sale | -$826K | -3.54K | -2.64% | $233.71 | 131K | May 30, 2023 | Held by Hoff Holdings Limited Partnership | F1, F2, F3 |
| transaction | RS | Common Stock | Sale | -$743K | -3.17K | -2.43% | $234.61 | 127K | May 30, 2023 | Held by Hoff Holdings Limited Partnership | F1, F3, F4 |
| transaction | RS | Common Stock | Sale | -$166K | -704 | -0.55% | $235.64 | 127K | May 30, 2023 | Held by Hoff Holdings Limited Partnership | F1, F3, F5 |
| transaction | RS | Common Stock | Sale | -$316K | -1.33K | -1.05% | $237.28 | 125K | May 30, 2023 | Held by Hoff Holdings Limited Partnership | F1, F3, F6 |
| transaction | RS | Common Stock | Sale | -$300K | -1.26K | -1.01% | $238.07 | 124K | May 30, 2023 | Held by Hoff Holdings Limited Partnership | F1, F3, F7 |
| holding | RS | Common Stock | 19.7K | May 30, 2023 | Direct | ||||||
| holding | RS | Common Stock | 1.18K | May 30, 2023 | Held by Trustee of Reliance Steel & Aluminum Co. Employee Stock Ownership Plan | ||||||
| holding | RS | Common Stock | 3.68K | May 30, 2023 | Held by Trustee of Reliance Steel & Aluminum Co. 401(k) Plan |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 28, 2023. |
| F2 | The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $233.20 to $234.17. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
| F3 | Hoff Holdings Limited Partnership ("Hoff Holdings") is a limited partnership of which a revocable trust established by the Reporting Person and his spouse is both the sole member of the sole general partner and also a limited partner, and various trusts for the benefit of the Reporting Person's spouse and his adult children are the other limited partners. The Reporting Person disclaims beneficial ownership over the Issuer's common stock held by Hoff Holdings except to the extent of his pecuniary interest therein. |
| F4 | The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $234.24 to $235.15. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
| F5 | The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $235.29 to $236.13. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
| F6 | The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $236.80 to $237.79. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
| F7 | The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $237.82 to $238.68. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |