Stephen Paul Koch, an officer of Reliance, Inc., filed a Form 144 notice of proposed sale of securities on October 27, 2026, disclosing an intent to sell 8,344 shares of common stock on the New York Stock Exchange.

Key Highlights

  • Filer: Stephen Paul Koch, identified as an officer of Reliance, Inc.
  • Shares proposed for sale: 8,344 shares of common stock, with an aggregate market value of $3,590,875.00.
  • Approximate date of sale: October 27, 2026, on the NYSE.
  • Broker: Charles Schwab & Co., Inc., located in Westlake, Texas.
  • Shares outstanding: 51,054,555 shares of common stock reported as outstanding.
  • Acquisition sources: 7,408 shares acquired via Performance Stock Lapse on February 24, 2025, and 926 shares via Restricted Stock Lapse on December 1, 2024, both from Reliance Inc. as equity compensation.
  • Prior three-month sales: The filing reports nothing to report for securities sold during the past three months.

Koch's Proposed Common Stock Sale: Acquisition Background and Filing Details

According to the Form 144 filing submitted to the U.S. Securities and Exchange Commission, Stephen Paul Koch, an officer of Reliance, Inc. (NYSE:RS per the filing's listed exchange, issuer SEC file number 001-13122), intends to sell 8,344 shares of common stock. The filing lists an aggregate market value of $3,590,875.00 for the proposed sale, with the approximate date of sale noted as October 27, 2026. The broker named for the transaction is Charles Schwab & Co., Inc., Westlake, Texas.

The filing identifies two separate acquisition events underlying the shares to be sold. The first consisted of 7,408 shares acquired on February 24, 2025, through a Performance Stock Lapse from Reliance Inc., characterized as equity compensation. The second consisted of 926 shares acquired on December 1, 2024, through a Restricted Stock Lapse, also from Reliance Inc. and also characterized as equity compensation. No cash purchase price or other consideration is indicated for either acquisition.

The filing further discloses that Koch reported no sales of Reliance, Inc. securities during the three months preceding the notice date. The filer's signature attests, as stated in the form, that he "does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed." The issuer's address is listed as 735 N. 19th Avenue, Phoenix, Arizona 85009.

What Was Disclosed

A Form 144 notice filed October 27, 2026, by Reliance, Inc. officer Stephen Paul Koch proposes the sale of 8,344 common shares with an aggregate market value of $3,590,875.00, sourced from two equity compensation events in 2024 and 2025.