James Donald Hoffman - Feb 27, 2024 Form 4 Insider Report for RELIANCE, INC. (RS)

Role
Director
Signature
/s/ James Donald Hoffman by William A. Smith II as his Attorney-in-Fact
Stock symbol
RS
Transactions as of
Feb 27, 2024
Transactions value $
-$12,917,867
Form type
4
Date filed
2/28/2024, 06:56 PM
Previous filing
Feb 21, 2024
Next filing
May 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RS Common Stock Sale -$8.72M -27K -28.73% $322.64 67K Feb 27, 2024 Held by Hoff Holdings Limited Partnership F1, F2
transaction RS Common Stock Sale -$4.17M -12.9K -19.22% $323.58 54.1K Feb 27, 2024 Held by Hoff Holdings Limited Partnership F2, F3
transaction RS Common Stock Sale -$32.4K -100 -0.18% $324.26 54K Feb 27, 2024 Held by Hoff Holdings Limited Partnership F2
holding RS Common Stock 56.9K Feb 27, 2024 Direct
holding RS Common Stock 1.2K Feb 27, 2024 Held by Trustee of Reliance, Inc. Employee Stock Ownership Plan
holding RS Common Stock 3.68K Feb 27, 2024 Held by Trustee of Reliance, Inc. 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 $322.10 to $323.09. 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 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.
F3 The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $323.10 to $324.05. 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.