Reliance (RS) SVP & General Counsel sells 6,615 shares in open market

Rhea-AI Filing Summary

Reliance, Inc. senior executive reports open-market share sales. SVP, General Counsel and Corporate Secretary William A. Smith II sold 1,707 shares of Reliance common stock at an average price of $302.59 and 4,908 shares at $297.23 on March 9, 2026, in open-market transactions.

After these sales, he directly holds 21,747 Reliance shares and has an additional 417 shares held indirectly through the Reliance, Inc. Employee Stock Ownership Plan. A footnote explains that one transaction price represents a weighted average, with actual sale prices ranging from $297.07 to $297.62.

Insider Trade Summary

Net Seller: 6,615 shares ($1,975,326)

Net Sell 3 txns

Insider Smith William A II

Role SVP, General Counsel, Corp Sec

Sold 6,615 shs ($1.98M)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,707	$302.59	$517K
Sale	Common Stock	4,908	$297.23	$1.46M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 26,655 shares (Direct); Common Stock — 417 shares (Indirect, Held by Trustee of Reliance, Inc. Employee Stock Ownership Plan)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Smith William A II

(Last) (First) (Middle)

C/O RELIANCE, INC.

735 N. 19TH AVENUE

(Street)

PHOENIX AZ 85009

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RELIANCE, INC. [ RS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, General Counsel, Corp Sec

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/09/2026		S		1,707	D	$302.59	26,655	D
Common Stock	03/09/2026		S		4,908	D	$297.23(1)	21,747	D
Common Stock								417	I	Held by Trustee of Reliance, Inc. Employee Stock Ownership Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $297.07 to $297.62. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

	/s/ William A. Smith II	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Reliance (RS) insider William A. Smith II report in this Form 4?

He reported selling Reliance common stock in open-market trades. The filing shows two sales totaling 6,615 shares on March 9, 2026, and updates his remaining direct and indirect shareholdings after these transactions.

How many Reliance (RS) shares did William A. Smith II sell and at what prices?

He sold 1,707 Reliance shares at $302.59 and 4,908 shares at $297.23. A footnote notes that one transaction reflects a weighted average, with actual sale prices ranging from $297.07 to $297.62 per share.

What are William A. Smith II’s remaining Reliance (RS) holdings after these sales?

Following the reported sales, he directly owns 21,747 shares of Reliance common stock. He also has an indirect interest in 417 additional shares held by the trustee of the Reliance, Inc. Employee Stock Ownership Plan.

What role does William A. Smith II hold at Reliance (RS)?

He serves as Senior Vice President, General Counsel, and Corporate Secretary of Reliance, Inc. His officer status is disclosed in the Form 4, which ties the reported stock transactions to a key member of the company’s executive leadership team.

Were the Reliance (RS) insider transactions open-market sales or other types of trades?

The Form 4 identifies both transactions as open-market sales, coded “S.” The description specifies they were sales in the open market or private transactions, rather than option exercises, gifts, or tax-withholding related movements.

What does the weighted average price footnote mean in the Reliance (RS) Form 4?

The footnote explains that the reported price is a weighted average of multiple sales. Actual sale prices ranged from $297.07 to $297.62, and the insider undertakes to provide detailed price and share breakdowns to regulators or shareholders on request.