Reliance, Inc. Officer Files Form 144 to Sell $3.59M in Common Stock

Transaction Overview

Stephen Paul Koch, an Officer at RELIANCE, INC. (NYSE: RS), filed a Form 144 notice on October 27, 2026, disclosing an intention to sell 8,344 shares of common stock through Charles Schwab & Co., Inc.

• Filing Date: October 27, 2026
• Approximate Sale Date: October 27, 2026
• Shares to be Sold: 8,344
• Aggregate Market Value: $3,590,875.00
• Implied Price Per Share: ~$430.35
• Shares Outstanding: 51,054,555 (~0.016% of total float)

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Origin of Securities

The securities planned for sale were acquired through equity compensation awards:

1. 7,408 shares acquired on February 24, 2025, through a performance stock lapse.
2. 926 shares acquired on December 1, 2024, through a restricted stock lapse.

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Prior Sales & Significance

• Past 3 Months: The reporting owner indicated no other sales occurred in the preceding three months.
• Market Impact: Medium. While $3.59M represents a sizable insider transaction, it constitutes a very small portion (0.016%) of the 51M shares outstanding, and originates from vested equity compensation.