Stotlar Douglas 4

What Happened

• Douglas Stotlar, a director of Reliance, Inc. (RS), was granted 469 shares on 2026-05-20. The Form 4 reports the acquisition as an award/grant (transaction code A) at $0.00 per share (reported value $0).

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-22 (appears timely).
• Shares acquired: 469; price per share: $0.00; total reported value: $0.
• Shares owned after transaction: not specified in the filing.
• Footnote: The filer states he is the sole member of an LLC that owns the reported securities and disclaims beneficial ownership except for his pecuniary interest (see footnote F1).
• No indication of a 10b5-1 plan, tax withholding, cashless sale, or late filing in the reported details.

Context

• This was a grant/award rather than an open-market purchase or sale. Such awards are commonly part of director compensation and don't necessarily indicate a buy/sell sentiment. The LLC ownership note means the reporting person’s ownership is through an entity and he limits claimed beneficial ownership to his economic interest.