James D. Hoffman - 04 Dec 2023 Form 4 Insider Report for RELIANCE STEEL & ALUMINUM CO (RS)

Role
Director
Signature
/s/ James Donald Hoffman by William A. Smith II as his Attorney-in-Fact
Issuer symbol
RS
Transactions as of
04 Dec 2023
Net transactions value
-$2,839,630
Form type
4
Filing time
05 Dec 2023, 17:19:04 UTC
Previous filing
01 Dec 2023
Next filing
21 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RS Common Stock Sale $1,601,425 -5,757 -29% $278.17 13,923 04 Dec 2023 Direct F1
transaction RS Common Stock Sale $682,829 -2,444 -18% $279.39 11,479 04 Dec 2023 Direct F2
transaction RS Common Stock Sale $555,376 -1,982 -17% $280.21 9,497 04 Dec 2023 Direct F3
holding RS Common Stock 94,042 04 Dec 2023 Held by Hoff Holdings Limited Partnership F4
holding RS Common Stock 1,197 04 Dec 2023 Held by Trustee of Reliance Steel & Aluminum Co. Employee Stock Ownership Plan
holding RS Common Stock 3,705 04 Dec 2023 Held by Trustee of Reliance Steel & Aluminum Co. 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $277.79 to $278.73. 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.
F2 The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $278.80 to $279.79. 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.
F3 The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $279.81 to $280.58. 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.
F4 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.