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.