Reliance, Inc. COO Stephen Paul Koch Sells $3.59M in Common Stock

Transaction Summary

On October 27, 2026, Stephen Paul Koch, Executive Vice President and Chief Operating Officer of Reliance, Inc. ($RS), executed open-market sales totaling 8,334 shares of Common Stock across three tranches:

• Tranche 1: 4,194 shares sold at a weighted average price of $430.28 ($1,804,594.32)
• Tranche 2: 3,136 shares sold at a weighted average price of $431.22 ($1,352,305.92)
• Tranche 3: 1,004 shares sold at a weighted average price of $432.23 ($433,958.92)

In total, the disposition amounted to $3,590,859.16 at a weighted average price of approximately $430.87 per share.

Position & Ownership Context

• Direct Ownership Post-Transaction: 8,209 shares
• Indirect Ownership Post-Transaction: 1,883 shares (747 shares held via the Reliance, Inc. Employee Stock Ownership Plan; 1,136 shares held via the 401(k) Plan)
• Divestment Magnitude: Selling 8,334 shares reduced Koch's direct ownership from 16,543 shares to 8,209 shares, representing a 50.4% reduction in direct common stock holdings.

Market & Strategic Significance

Given the insider's role as Chief Operating Officer and the substantial percentage reduction in direct holdings (>50%), this transaction is assigned High trading significance. Notably, the filing indicates that the sale was not executed pursuant to a Rule 10b5-1 trading arrangement (aff10b5One is marked 0).