Insider Selling: Reliance (NYSE:RS) COO Sells 3,066 Shares of Stock

Reliance, Inc. (NYSE:RS - Get Free Report) COO Stephen Paul Koch sold 3,066 shares of Reliance stock in a transaction on Monday, December 1st. The shares were sold at an average price of $283.56, for a total value of $869,394.96. Following the transaction, the chief operating officer owned 14,021 shares in the company, valued at $3,975,794.76. This trade represents a 17.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.