Ajemyan Arthur 4
Research Summary
AI-generated summary
Reliance (RS) SVP/CFO Arthur Ajemyan Sells 3,500 Shares
What Happened
Arthur Ajemyan, Senior VP and Chief Financial Officer of Reliance, Inc. (RS), reported three open‑market sales on April 27, 2026 disposing of a total of 3,500 shares. The reported transactions were: 1,822 shares at a weighted average price of $357.61 ($651,565), 1,604 shares at $358.64 ($575,259), and 74 shares at $359.18 ($26,579), for a combined proceeds of $1,253,403. These were sales (disposals), not purchases.
Key Details
- Transaction date: April 27, 2026; Form 4 filed April 28, 2026 (timely filing).
- Reported totals: 3,500 shares sold for $1,253,403 combined. Individual reported weighted-average prices: $357.61, $358.64, $359.18.
- Actual sale price ranges (per footnotes): first block $357.12–$358.11; second block $358.12–$359.00; third block $359.14–$359.19. Reporting person has committed to provide per-share price breakdown on request.
- Shares owned after transaction: not disclosed in this Form 4.
- Transaction type code: S = Sale. No 10b5‑1 plan, tax withholding, or option exercise noted in this filing.
Context
These were open‑market sales (disposals). Such filings are routine transactions for insiders and do not by themselves indicate company performance or insider sentiment. Purchases generally attract more attention from investors as a potential bullish signal; this filing documents only sales.