Reliance (RS) Director Frank J. Dellaquila Receives 469-Share Award

What Happened

• Frank J. Dellaquila, a director of Reliance, Inc. (ticker: RS), was granted 469 shares on 2026-05-20. The Form 4 lists the transaction as an award/acquisition (transaction code A) at a reported price of $0.00, with total reported acquisition value $0. This is a company grant (compensation/award), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-20; Form 4 filed 2026-05-22 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares granted: 469; reported price: $0.00; reported total value: $0.
• Shares owned after transaction: not stated in the information provided.
• No footnotes, tax-withholding, or 10b5-1 plan references were provided in the supplied details.

Context

• Awards like this are typically compensation (e.g., restricted shares or RSUs) and may vest over time; they do not represent an out-of-pocket purchase by the insider. Such grants are common for directors and are not, by themselves, a clear buy or sell signal for investors.