JAMES DONALD HOFFMAN - 27 Feb 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
Issuer symbol
RS
Transactions as of
27 Feb 2024
Net transactions value
-$12,917,867
Form type
4
Filing time
28 Feb 2024, 18:56:29 UTC
Previous filing
21 Feb 2024
Next filing
02 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RS Common Stock Sale $8,718,378 -27,022 -29% $322.64 67,020 27 Feb 2024 Held by Hoff Holdings Limited Partnership F1, F2
transaction RS Common Stock Sale $4,167,063 -12,878 -19% $323.58 54,142 27 Feb 2024 Held by Hoff Holdings Limited Partnership F2, F3
transaction RS Common Stock Sale $32,426 -100 -0.18% $324.26 54,042 27 Feb 2024 Held by Hoff Holdings Limited Partnership F2
holding RS Common Stock 56,869 27 Feb 2024 Direct
holding RS Common Stock 1,197 27 Feb 2024 Held by Trustee of Reliance, Inc. Employee Stock Ownership Plan
holding RS Common Stock 3,684 27 Feb 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.