RS RELIANCE, INC. Insider Trading

C-suite executive trims ~18% of holdings at stock's 52-week high amid revenue headwinds

An executive at Reliance, Inc. executed three coordinated sales totaling $1.25 million, reducing holdings by approximately 18% at a critical juncture—the stock is trading at its 52-week high following a strong recent rally. While the company remains profitable and maintains a solid market position, revenue and earnings have faced headwind, signaling operational challenges. The timing of this divestiture at peak valuations, combined with the scale of the reduction, suggests the insider may be locking in gains rather than expressing confidence in future appreciation. This pattern warrants monitoring, particularly if such selling persists or if fundamentals deteriorate further.

SVP/General Counsel William A Smith II sold 6,615 shares for $1,975,325.97; prior RS sales show 100% 90-day well-timing rate.

William A Smith II, SVP and General Counsel at Reliance, Inc., executed two separate sales on 2026-03-09 totaling 6,615 shares for $1,975,325.97, reducing his holdings by 23.3% from 28,362 to 21,747 shares. His cross-ticker track record shows a 100.00% well-timed rate on prior sells (average 90-day return of -14.3%), and at RS specifically, all 3 prior sell dates preceded declines: 2024-11-06 saw 90d -12.4%; both 2023-07-31 trades delivered 90d returns of -15.1% and -15.3% respectively. The current stock price of $300.31 sits 16.7% below the 52-week high and has declined 15.0% over the past 30 days, consistent with the near-term downward pattern Smith's prior transaction history has reliably captured. This timing pattern—both the insider's personal track record and his consistent success identifying sell windows at this specific company—warrants investor attention to near-term price dynamics.

COO Koch Stephen Paul sells 24,060 shares ($7.7M) at blended $321.62, cutting stake by 63.2%

Koch Stephen Paul, Exec. VP and COO of Reliance, Inc., executed 3 separate sales totaling 24,060 shares for $7,738,272.40 on 2026-02-23 at a blended average price of $321.62, reducing his holdings from 38,081 shares to 14,021 shares—a 63.2% reduction in position size. The current price of $316.74 sits 12.1% below the 52-week high, suggesting the transactions occurred near the stock's recent peaks. His cross-ticker track record shows 100% well-timed selling (7 prior sells with an average 90-day return of -5.2%), though at this specific ticker (RS), prior measurable outcomes are mixed: two 2024 sales posted negative 90-day returns (-4.8% and -5.6%), while three December 2025 sales remain too recent for 90-day outcome measurement. The scale of this divestiture—eliminating nearly two-thirds of his stake in a single filing—stands out relative to typical insider activity and merits observation of near-term price action and any contemporaneous announcements from company leadership.

Koch (EVP/COO) sells 3,066 shares at $283.56 avg; 100% win rate on 90-day timing at RS, stock now -19.0% from high

Koch sold 3 separate tranches totaling 3,066 shares for $869,388.74 on 2025-12-01, executing at an average price of $283.56 and reducing holdings by 17.9%. His track record at this ticker is notably strong: all 4 prior sells at RS produced negative 90-day returns (-3.1%, -3.3%, -3.7%, -3.9%), making his timing 100% accurate at this specific company. The current stock price of $278.37 sits 19.0% below the 52-week high and has declined 4.0% over 90 days, consistent with the downside pattern his prior sales preceded. Cross-ticker, his sales have averaged -5.2% 90-day returns with a 100% well-timed rate, supporting a demonstrated pattern of selling ahead of declines at multiple companies.

Reliance CEO Lewis sold 5,809 shares for $1,646,831.67; all 5 prior RS trades were 90-day well-timed; stock down -19.0% from 52-week high.

Lewis Karla R, President and CEO of Reliance, Inc., executed 2 separate sales totaling 5,809 shares for $1,646,831.67 at a blended average price of $283.50 on 2025-12-01, reducing her holdings by 6.4% to 84,421 shares. Her prior 5 open-market sales at this same ticker were all well-timed at the 90-day mark, with negative returns ranging from -1.6% to -3.3%, establishing a consistent pattern of selling ahead of price declines. The current price of $278.37 is -19.0% below the 52-week high of $343.66, and the stock has declined -1.4% over 30 days and -4.0% over 90 days since transaction execution. Against this backdrop of revenue growth declining -6.6% year-over-year and a P/E of 19.93, the CEO's structured selling pattern and the stock's recent underperformance warrant investor attention to underlying business trajectory and management's capital allocation priorities.

CEO Karla R Lewis sold 31,136 shares ($9.4M) across 6 transactions at $299.26–$304.40 on 2025-02-24.

Lewis Karla R, President and CEO, executed 6 separate sales totaling 31,136 shares for $9,357,100.74, reducing her RS holdings by 25.7% from 121,366 to 90,230 shares. The blended average sale price of $300.52 sits above the current price of $296.04 and near the 52-week midpoint, as the stock has declined 12.9% from its 52-week high of $340.04 and remains down 8.2% over the past 90 days. Across her same-ticker trade history at RS, the 3 prior measurable sales all posted negative 90-day returns, indicating consistent well-timed exits; however, the two most recent RS sales on 2024-12-02 show steep 30-day declines of 16.6% and 16.9%, suggesting accelerating downward pressure on the stock. The company faces headwinds: annual revenue growth is -13.0%, though the P/E of 15.32 remains moderate relative to market cap of $16.0B and quarterly net income of $199,900,000.

CEO Lewis Karla R sold 3,892 shares ($1,260,603.85) at $323.90 avg; stock up 10.5% in 30d but down 13% YoY

CEO Lewis Karla R executed 2 separate sales totaling 3,892 shares for $1,260,603.85 on 2024-12-02 at a blended average price of $323.90, reducing holdings by 4.4% to 85,117 shares. Her prior 5 sales at this ticker (all on 2024-02-20) were all well-timed at the 90-day mark, suggesting a pattern of selling ahead of declines. Current context shows mixed signals: the stock has rallied 10.5% over 30 days and 16.0% over 90 days from the sale date, trading at $317.32 (6.7% below the 52-week high of $340.04). Against this near-term strength, the company faces structural headwinds with annual revenue declining 13.0% year-over-year despite a solid P/E of 16.42, warranting attention to whether this sale reflects confidence in a near-term position or concern about longer-term fundamentals.

CFO Ajemyan Arthur sells 6,332 shares across 3 transactions for $2,014,722.74 at blended average $318.18

Ajemyan Arthur, SVP and CFO of Reliance, Inc., executed 3 separate sales totaling 6,332 shares for $2,014,722.74 on 2024-11-06, reducing his holdings by 40.6% from 15,577 to 9,245 shares. The transaction prices ($317.13, $318.13, $319.75) cluster tightly around the blended average of $318.18, and occur near the current price of $321.03 (within 1% of recent trading levels). Across his prior open-market activity at Reliance, his 1 documented prior sale on 2024-03-06 exhibited negative 90-day return (-10.8%), meaning the stock declined after his sale—a well-timed outcome. However, the current sale occurs in a context of sustained price strength: the stock is up 13.2% over 30 days and 13.5% over 90 days, and trades only 5.6% below its 52-week high. Annual revenue growth is negative (-13.0%), and net income of $199.9M on $3.4B in latest quarterly revenue reflects margin constraints that warrant monitoring against the company's current valuation of P/E 16.62.

SVP General Counsel sells 6,500 RS shares for $2.1M; 100% well-timed sell history across RELIANCE trades

Smith William A II, SVP General Counsel and Corporate Secretary, sold 6,500 shares of RELIANCE, INC. (RS) at $321.71 on 2024-11-06 for $2,091,115.00, reducing his position from 23,349 shares to 16,849 shares. His cross-ticker track record shows 100.00% well-timed rate on 2 prior sells with an average 90-day return of -15.2%, indicating consistent execution in exiting ahead of declines. At the same ticker, both of his 2 prior sales (2023-07-31) exhibited negative 90-day returns of -2.7% and -3.0%, marking a 100% well-timed rate at RS specifically. The stock is currently trading at $321.03, representing -5.6% from its 52-week high of $340.04, while the broader context shows annual revenue declined -13.0% year-over-year, with the P/E at 16.62 and a market cap of $17,374,228,351.92. This sale is noteworthy because it represents a significant -27.8% reduction in his holdings and continues a demonstrated pattern of disciplined exit timing across both his general portfolio and at this specific ticker.

Director Mark V Kaminski sells 6,810 shares at $298.01 for $2.0M, reducing holdings by 37.1%

Director Mark V Kaminski executed 2 separate sales totaling 6,810 shares for $2,029,448.10 at $298.01 per share on 2024-10-28, reducing his post-transaction holdings from 18,344 to 11,534 shares (a 37.1% reduction in shareholding). This sale occurred near the 52-week high of $340.04 (current price $289.59 is -14.8% from that high), and notably, Kaminski's prior 5 sales at this same ticker were uniformly well-timed: all showed negative 90-day returns (ranging -1.6% to -2.2%), meaning the stock declined after each sale. His broader cross-ticker track record reinforces this pattern, with a 100% well-timed rate on 6 prior sells and an average 90-day return of -2.0% post-sale. The company fundamentals show annual revenue declined -13.0% year-over-year, though the P/E of 13.96 and recent quarterly revenue of $3.6B suggest a large-cap position; the -2.2% 90-day price decline since this filing aligns with his historical sell-timing precision at this ticker.