Stephen Paul Koch, Executive Vice President and Chief Operating Officer of Reliance, Inc., filed a Form 4 on October 28, 2026, disclosing the sale of 8,334 shares of common stock on October 27, 2026, across three separate transactions.

Key Highlights

  • Reporting person: Stephen Paul Koch, identified in the filing as Executive Vice President and Chief Operating Officer of Reliance, Inc. (NYSE:RS).
  • Total shares disposed: 8,334 shares of common stock sold on October 27, 2026, across three transaction tranches.
  • Weighted average prices: $430.28 for 4,194 shares, $431.22 for 3,136 shares, and $432.23 for 1,004 shares, according to the filing.
  • Price ranges: Actual sale prices ranged from $429.76 to $430.68 in the first tranche, $430.82 to $431.80 in the second, and $431.98 to $432.75 in the third.
  • Direct ownership after transactions: 8,209 shares held directly, as reported in the filing.
  • Indirect holdings: 747 shares held by the trustee of the Reliance, Inc. Employee Stock Ownership Plan and 1,136 shares held by the trustee of the Reliance, Inc. 401(k) Plan.

Koch's October 27 Share Sales: Transaction Details for Reliance, Inc.

According to the Form 4 filed with the SEC on October 28, 2026, Koch disposed of a total of 8,334 shares of Reliance, Inc. common stock through three separate open-market sales, all coded "S" (sale) and all executed on October 27, 2026. The filing reports no derivative securities transactions.

The first tranche involved 4,194 shares sold at a weighted average price of $430.28, with individual sale prices ranging from $429.76 to $430.68. Following that transaction, Koch's direct beneficial ownership stood at 12,349 shares. The second tranche covered 3,136 shares at a weighted average of $431.22, with prices ranging from $430.82 to $431.80, reducing his direct holdings to 9,213 shares. The third tranche of 1,004 shares was sold at a weighted average of $432.23, with prices between $431.98 and $432.75, leaving a direct holding of 8,209 shares.

The filing also discloses indirect beneficial ownership of 747 shares held by the trustee of the Reliance, Inc. Employee Stock Ownership Plan and 1,136 shares held by the trustee of the Reliance, Inc. 401(k) Plan. The form was signed by William A. Smith II as attorney-in-fact for Koch. The filing notes that full information on shares sold at each separate price is available to the SEC staff or any Reliance, Inc. security holder upon request.

What Was Disclosed

Koch's Form 4 discloses the sale of 8,334 directly held shares of Reliance, Inc. common stock on October 27, 2026, at weighted average prices between $430.28 and $432.23, with direct ownership following the transactions reported at 8,209 shares.