Koch Stephen Paul

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.