Colonias Karen Winifred 4
Research Summary
AI-generated summary
Reliance (RS) Director Karen Colonias Receives 469-Share Award
What Happened
- Karen Winifred Colonias, a director of Reliance, Inc. (RS), received an award of 469 shares on 2026-05-20. The transaction is coded as an "A" (award/grant) and shows an acquisition price of $0.00 per share; total reported value $0.00. This was a grant/award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-20 (reported on Form 4 filed 2026-05-22).
- Transaction type/code: Award/Grant (A).
- Shares involved: 469 shares acquired at $0.00 per share; total reported value $0.00.
- Shares owned after transaction: Not specified in the provided filing.
- Notable footnotes: None disclosed in the provided summary (no 10b5-1 plan, tax withholding, or cashless sale noted).
- Timeliness: Form 4 filed two days after the transaction date — within the standard 2-business-day reporting window (timely).
Context
- Awards like this commonly represent restricted stock or RSUs granted to insiders and may vest over time; they are not the same as an open-market purchase and do not by themselves signal buying interest. For investors, grants are routine compensation events; consider vesting terms and overall insider holdings (noted above as not disclosed here) when assessing significance.