$RS·8-K

RELIANCE, INC. · May 21, 12:56 PM ET

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RELIANCE, INC. 8-K

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Reliance, Inc. Reports Annual Meeting Vote Results

What Happened
Reliance, Inc. filed an 8-K reporting the results of its Annual Meeting of Stockholders held May 20, 2026. All nine director nominees were elected to serve until the next annual meeting: Lisa L. Baldwin; Karen W. Colonias; Frank J. Dellaquila; James K. Kamsickas; Karla R. Lewis; Robert A. McEvoy; David W. Seeger; Douglas W. Stotlar; and John G. Sznewajs. The advisory vote on executive compensation was approved, KPMG LLP was ratified as the company’s independent registered public accounting firm for fiscal 2026, and a stockholder proposal to require directors to leave the board within nine months after failing to receive a majority vote was not approved.

Key Details

  • Director elections: each nominee was elected; vote totals varied (examples: John G. Sznewajs 40,646,812 for / 209,251 against; David W. Seeger 34,111,575 for / 6,745,019 against). There were 5,114,413 broker non-votes on director and other non-routine items.
  • Advisory compensation ("say-on-pay"): approved 39,282,052 for; 1,528,970 against; 68,313 abstentions; 5,114,413 broker non-votes.
  • Auditor ratification: KPMG LLP ratified 45,646,752 for; 328,448 against; 18,548 abstentions (no broker non-votes).
  • Stockholder governance proposal (director removal after failing majority): failed 6,419,815 for; 34,315,008 against; 144,512 abstentions; 5,114,413 broker non-votes.

Why It Matters
For investors, the results confirm board continuity and management-aligned governance: all incumbent nominees were re-elected and the advisory vote on executive pay passed. Ratification of KPMG as auditor maintains continuity in the company’s external audit. The rejection of the stockholder proposal means the board will not adopt a mandatory departure rule for directors who fail to receive a majority vote. Notable levels of opposition on certain director votes (e.g., David W. Seeger) may be of interest to shareholders monitoring boardroom support and governance trends.

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