Reliance Steel & Aluminum (RS) Form 4 RELIANCE / JAMES DONALD HOFFMAN ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

HOFFMAN JAMES DONALD

(Last) (First) (Middle)

C/O RELIANCE, INC.

16100 N. 71ST STREET, SUITE 400

(Street)

SCOTTSDALE AZ 85254

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RELIANCE, INC. [ RS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
05/03/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/03/2024		S		1,446	D	$288.72(1)	47,596	I	Held by Hoff Holdings Limited Partnership(2)
Common Stock	05/03/2024		S		2,039	D	$289.83(3)	45,557	I	Held by Hoff Holdings Limited Partnership(2)
Common Stock	05/03/2024		S		515	D	$290.68(4)	45,042	I	Held by Hoff Holdings Limited Partnership(2)
Common Stock	05/03/2024		S		1,000	D	$292.04(5)	44,042	I	Held by Hoff Holdings Limited Partnership(2)
Common Stock	05/07/2024		S		3,216	D	$292.38(6)	40,826	I	Held by Hoff Holdings Limited Partnership(2)
Common Stock	05/07/2024		S		1,784	D	$293.46(7)	39,042	I	Held by Hoff Holdings Limited Partnership(2)
Common Stock								61,754(8)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $288.24 to $289.23. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

2. Hoff Holdings Limited Partnership ("Hoff Holdings") is a limited partnership of which a revocable trust established by the Reporting Person and his spouse is both the sole member of the sole general partner and also a limited partner, and various trusts for the benefit of the Reporting Person's spouse and his adult children are the other limited partners. The Reporting Person disclaims beneficial ownership over the Issuer's common stock held by Hoff Holdings except to the extent of his pecuniary interest therein.

3. The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $289.35 to $290.23. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

4. The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $290.46 to $291.23. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

5. The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $292.03 to $292.08. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

6. The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $291.83 to $292.83. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

7. The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $292.88 to $293.86. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

8. The amount reported reflects the transfer of 1,201 shares previously owned indirectly by the Reliance, Inc. Employee Stock Option Plan to direct ownership due to distribution from the Employee Stock Option Plan to the Reporting Person.

	/s/ James Donald Hoffman by William A. Smith II as his Attorney-in-Fact	05/07/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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