Koch Stephen Paul 4

What Happened

Stephen P. Koch, Executive Vice President and COO of Reliance, Inc. (RS), received a grant/award of 2,522 shares on 2026-03-05. The reported acquisition price is $0.00 (transaction code A), indicating these were awarded as compensation rather than bought on the open market.

Key Details

• Transaction date: 2026-03-05
• Filing date (Form 4): 2026-03-06 — filed promptly (within the typical 2-business-day window)
• Transaction type/code: Award/Grant (A)
• Shares acquired: 2,522 at $0.00 (no cash paid)
• Shares owned after transaction: Not disclosed in the provided filing details
• Footnotes/plan details: None provided in the summary data supplied

Context

Awards reported at $0 generally reflect compensation grants (e.g., restricted stock or RSUs). Their economic value equals the market price times the number of shares at grant or at vesting; the Form 4 shows the grant but not its cash value or vesting terms. This type of transaction is compensation-related and should not be read the same way as an open-market purchase or sale. For estimated dollar value or vesting conditions, check company disclosures (proxy, 10-K, 8-K) or the grant agreement if available.