Baldwin Lisa 4

What Happened
Lisa Baldwin, a director of Reliance, Inc. (RS), was granted/awarded 469 shares on May 20, 2026. The Form 4 reports the acquisition as an award (transaction code A) with an acquisition price of $0.00, indicating these shares were issued as compensation or a grant rather than purchased on the open market.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-22 (Accession 0001123292-26-000721).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 469; price per share reported: $0.00 (award/grant).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes/other notes: No 10b5-1 plan, tax-withholding, or cashless-sale details provided in the excerpt.
• Timeliness: Filing date is two days after the transaction date and appears timely under the standard two-business-day Form 4 reporting window.

Context
Awards of shares to directors are commonly part of compensation (e.g., restricted stock or RSU vesting) and do not necessarily signal an independent market-based buy or sell decision. For retail investors, such grants are informative about executive/director compensation but should not be interpreted alone as a direct endorsement or forecast of the company’s near-term performance.