RELIANCE, INC. (RS) Director Sells Shares Worth Over $600K
RELIANCE, INC.
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Filing Summary
RELIANCE, INC. (RS) Insider Transaction Insider: Colonias Karen Winifred (Director) Action: Sale (Disposition) Shares: 1,542 of Common Stock Price: $390.13 / share Total Value: $601,570.46 Date: 2026-08-26 Shares Left: 8,241
Comprehensive Analysis
RELIANCE, INC. (RS) Insider Sale Analysis
On August 26, 2026, Karen Winifred Colonias, a Director at RELIANCE, INC., executed a significant sale of company stock, as detailed in a Form 4 filing. The transaction involved the disposition of 1,542 shares of Common Stock at a price of $390.13 per share, resulting in a total transaction value of approximately $601,570.
Transaction Key Points:
- Security: Common Stock
- Transaction Type: Sale (Code 'S')
- Shares Sold: 1,542
- Total Value: $601,570.46
Post-Transaction Holdings: Following this sale, Ms. Colonias's total beneficial ownership in the company is 8,241 shares. This total is composed of 469 shares held directly and 7,772 shares held indirectly through the Colonias Family Trust. The sale itself was conducted indirectly via the trust. This is a substantial transaction by a board member, which market participants may view as a signal of insider sentiment, though it could also be for personal financial management purposes.
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