Real Estate Split Corp. Class A and Preferred Distributions
AI Sentiment
Positive
7/10
as of 03-26-2026 3:57pm EST
Reliance Inc operates a network of companies providing diversified metal solutions and is the metals service center company. It distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and other specialty steel products. The company services more than 125,000 customers in a variety of industries, including consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery and heavy industry. It also services the auto industry, through its toll processing operations where it processes customer-owned metal for a fee.
| Founded: | 1939 | Country: | United States |
| Employees: | N/A | City: | PHOENIX |
| Market Cap: | 15.4B | IPO Year: | 1996 |
| Target Price: | $328.50 | AVG Volume (30 days): | 314.7K |
| Analyst Decision: | Hold | Number of Analysts: | 4 |
| Dividend Yield: | Dividend Payout Frequency: | quarterly | |
| EPS: | 13.98 | EPS Growth: | -10.15 |
| 52 Week Low/High: | $250.07 - $365.59 | Next Earning Date: | 04-22-2026 |
| Revenue: | $14,805,900,000 | Revenue Growth: | -13.03% |
| Revenue Growth (this year): | 9.32% | Revenue Growth (next year): | 1.11% |
| P/E Ratio: | 21.45 | Index: | N/A |
| Free Cash Flow: | 502.5M | FCF Growth: | -49.71% |
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SVP, General Counsel, Corp Sec
Avg Cost/Share
$299.91
Shares
6,615
Total Value
$1,975,325.97
Owned After
26,655
Exec. VP, COO
Avg Cost/Share
$322.04
Shares
24,060
Total Value
$7,738,272.40
Owned After
24,193
| Insider | Ticker | Relationship | Date | Transaction | Avg Cost | Shares | Total Value | Owned After | SEC Forms |
|---|---|---|---|---|---|---|---|---|---|
| Smith William A II | RS | SVP, General Counsel, Corp Sec | Mar 9, 2026 | Sell | $299.91 | 6,615 | $1,975,325.97 | 26,655 | |
| Koch Stephen Paul | RS | Exec. VP, COO | Feb 23, 2026 | Sell | $322.04 | 24,060 | $7,738,272.40 | 24,193 |
SEC 8-K filings with transcript text
Feb 18, 2026 · 100% conf.
1D
-2.67%
$327.47
Act: -2.72%
5D
-3.89%
$323.36
Act: -5.86%
20D
-1.90%
$330.05
Form 8-KFalse000086188400008618842026-02-182026-02-18iso4217:USDxbrli:sharesiso4217:USDxbrli:shares
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 18, 2026
(Exact name of registrant as specified in its charter)
Delaware001-1312295-1142616 (State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification No.) 735 N. 19th Avenue Phoenix, AZ 85009 (Address of Principal Executive Offices) (Zip Code) (480) 564-5700 (Registrant's telephone number, including area code) 16100 N. 71st Street, Suite 400 Scottsdale, Arizona 85254 (Former name or former address, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registered Common Stock, $0.001 par valueRSNew York Stock Exchange
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02. Results of Operations and Financial Condition.
On February 18, 2026, the Company issued a press release announcing financial results for the quarter ended December 31, 2025. Attached hereto as Exhibit 99.1 is a copy of the Company’s press release dated February 18, 2026 announcing the Company’s financial results for this period.
The information contained in this report and the exhibit hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
(a) Financial Statements of Businesses Acquired.
Not Applicable.
(b) Pro Forma Financial Information.
Not Applicable.
(c) Shell Company Transactions.
Not Applicable.
(d) Exhibits.
Exhibit No. Description
99.1 Press Release dated February 18, 2026 (included herewith). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: February 18, 2026By: /s/ Arthur Ajemyan Arthur Ajemyan Senior Vice President, Chief Financial Officer
Oct 22, 2025
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0000861884
2025-10-21 2025-10-21
0000861884
dei:FormerAddressMember
2025-10-21 2025-10-21
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
October 21, 2025
(Exact name of registrant as specified in its charter)
Delaware
001-13122
95-1142616
(State or other jurisdiction of
incorporation)
(Commission File Number)
(I.R.S. Employer
Identification Number)
735 N. 19th Avenue
Phoenix, Arizona 85009
(Address of principal executive offices, including zip code)
(480) 564-5700
(Registrant’s telephone number, including area code)
16100 N. 71st Street, Suite 400
Scottsdale, Arizona 85254
(Former name or former address, if changed since last report)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $0.001 par value
RS
New York Stock Exchange
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02. Results of Operations and Financial Condition.
On October 22, 2025, Reliance, Inc. (the “Company”) issued a press release announcing financial results for the quarter ended September 30, 2025. Attached hereto as Exhibit 99.1 is a copy of the Company’s press release dated October 22, 2025 announcing the Company’s financial results for this period.
The information contained in this report and the exhibit hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On October 21, 2025, the independent directors of the board of directors (the “Board”) of the Company adopted and approved an Executive Severance Policy (the “Policy”) for employees of the Company who are appointed as officers by the Board and certain key employees of the Company’s subsidiaries (collectively, the “Covered Employees”).
The Policy provides for the payment of severance and other benefits to Covered Employees in the event of a termination of employment by the Company without cause, as defined in the Policy (a “Qualifying Termination”). The Policy is not intended to amend or modify any other benefit contained in any individual agreements between the Company and any Covered Employee, including the terms of any equity awards.
In the event of a Qualifying Termination, and subject to the Covered Employee’s execution of a general release and waiver of claims against the Company, the Policy provides for the following payments to Covered Employees:
• A lump sum cash payment equal to the product of the Covered Employee’s monthly base salary in effect as of date of termination multiplied by 12 (or, if the Covered Employee has been employed for fewer than 12 months, an amount equal to the monthly base salary multiplied by the number of months employed);
• A lump sum cash payment equal to: (i) a pro-rata portion of the Covered Employee’s annual bonus for the year in which the Qualifying Termination occurs, based on the Company’s year-to-date performance through the full month prior to the date of termination, plus (ii) an amount equal to 50% of the Covered Employee’s target annual bonus (unless the Covered Employee has been employed for less than 12 months, in which case they are not eligible for such payment); and
• A lump sum payment equal to the cost of up to 12 months of COBRA premiums for the Covered Employee and his
Jul 23, 2025
Form 8-KFalse000086188400008618842025-07-232025-07-23iso4217:USDxbrli:sharesiso4217:USDxbrli:shares
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 23, 2025
(Exact name of registrant as specified in its charter)
Delaware001-1312295-1142616 (State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification No.) 16100 N. 71st Street, Suite 400 Scottsdale, AZ 85254 (Address of Principal Executive Offices) (Zip Code) (480) 564-5700 (Registrant's telephone number, including area code) Not applicable (Former name or former address, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registered Common Stock, $0.001 par valueRSNew York Stock Exchange
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02. Results of Operations and Financial Condition.
On July 23, 2025, the Company issued a press release announcing financial results for the quarter ended June 30, 2025. Attached hereto as Exhibit 99.1 is a copy of the Company’s press release dated July 23, 2025 announcing the Company’s financial results for this period.
The information contained in this report and the exhibit hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
(a) Financial Statements of Businesses Acquired.
Not Applicable.
(b) Pro Forma Financial Information.
Not Applicable.
(c) Shell Company Transactions.
Not Applicable.
(d) Exhibits.
Exhibit No. Description
99.1 Press Release dated July 23, 2025 (included herewith). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: July 23, 2025By: /s/ Arthur Ajemyan Arthur Ajemyan Senior Vice President, Chief Financial Officer
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