Reliance (RS) SVP/CFO Ajemyan Arthur Sells 2,200 Shares

What Happened Ajemyan Arthur, Senior Vice President and CFO of Reliance, Inc. (RS), sold 2,200 shares in an open-market transaction on July 31, 2026. The weighted average sale price was $410.11 per share (range $410.01–$410.34), for total proceeds of approximately $902,242. This was a sale (disposition), which is often routine insider selling and does not by itself indicate the insider’s view of the company.

Key Details

• Transaction date: 2026-07-31; Form 4 filed: 2026-08-04.
• Transaction type: Open-market sale (S).
• Shares sold: 2,200 at a weighted average price of $410.11; price range reported: $410.01–$410.34.
• Total proceeds: ~$902,242.
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnote: The filing notes (F1) that the reported price is the weighted average and the reporting person can provide the exact number of shares sold at each price upon SEC or shareholder request.
• Timeliness: Filing date included; no late-filing indication provided in the supplied data.

Context Sales by executives can reflect routine portfolio management (taxes, diversification, liquidity) rather than a signal about company prospects. For retail investors, purchases generally carry more interpretive weight than isolated sales. This filing documents the sale amount and price; it does not explain the insider’s motive.