James Donald Hoffman - Apr 30, 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
Apr 30, 2024
Transactions value $
-$1,449,067
Form type
4
Date filed
5/2/2024, 07:50 PM
Previous filing
Feb 28, 2024
Next filing
May 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RS Common Stock Sale -$1.42M -4.91K -9.09% $289.80 49.1K Apr 30, 2024 Held by Hoff Holdings Limited Partnership F1, F2
transaction RS Common Stock Sale -$26.1K -90 -0.18% $290.54 49K Apr 30, 2024 Held by Hoff Holdings Limited Partnership F2
holding RS Common Stock 60.6K Apr 30, 2024 Direct F3
holding RS Common Stock 1.2K Apr 30, 2024 Held by Trustee of Reliance, Inc. Employee Stock Ownership 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 $289.45 to $290.44. 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 amount reported reflects the transfer of 3,684 shares previously owned indirectly by the Reliance, Inc. 401(k) Plan to direct ownership due to distribution from the Reliance, Inc. 401(k) Plan to the Reporting Person.