secwatch / observer

RELIANCE, INC. — fact timeline

Source-grounded facts extracted from RELIANCE, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

RS RELIANCE, INC. JSON
Earnings Releases

RELIANCE, INC. reported first quarter ended March 31, 2026 results: revenue Net sales of $4 billion, EPS EPS of $5.10; non-GAAP EPS of $5.16.

“Reliance, Inc. Reports First Quarter 2026 Financial Results Net sales of $4 billion, with record tons sold up 9.4% sequentially, exceeding expectations EPS of $5.10; non-GAAP EPS of $5.16, up 37% year-over-year also exceeding expectations Pretax income of $349.5 million, up 33% year-over-year”

James K. Kamsickas was appointed as Director at RELIANCE, INC..

“appointed James K. Kamsickas to serve as an independent director, effective October 1, 2024.”
Shareholder Votes

RELIANCE, INC. shareholders approved Amendment to the Reliance, Inc. Second Amended and Restated 2015 Incentive Award Plan to extend its duration by 5 years at the 2024-05-15 meeting.

“(4) The proposal to approve an amendment to the Reliance, Inc. Second Amended and Restated 2015 Incentive Award Plan to extend its duration by 5 years was approved based upon the following votes. The vote was 45,679,584 for; 1,543,015 against; and 54,532 abstentions. There were 3,644,590 broker non-votes.”
Shareholder Votes

RELIANCE, INC. shareholders approved Ratification of KPMG LLP as independent registered public accounting firm for 2024 at the 2024-05-15 meeting.

“(3) The proposal to ratify the selection of KPMG LLP as the Company’s independent registered public accounting firm for the 2024 fiscal year was approved based upon the following votes: The vote was 50,230,150 for; 624,481 against; and 67,090 abstentions. There were no broker non-votes.”
Shareholder Votes

RELIANCE, INC. shareholders approved Advisory approval of named executive officer compensation at the 2024-05-15 meeting.

“(2) The proposal to approve, on an advisory basis, the compensation of the Company’s named executive officers was approved based upon the following votes: The vote was 45,486,561 for; 1,742,917 against; and 47,653 abstentions. There were 3,644,590 broker non-votes.”
Shareholder Votes

RELIANCE, INC. shareholders approved Election of directors at the 2024-05-15 meeting.

“(1) Each of the nominees for election to the Company’s Board of Directors (the “Board”) were elected to hold office until the Company’s next Annual Meeting of Stockholders, based upon the following votes: Nominee for director Votes For Votes Against Votes Abstained Broker Non-Votes Lisa L. Baldwin 46,231,942 1,016,903 28,286 3,644,590 Karen W. Colonias 46,550,321 675,315 51,495 3,644,590 Frank J. Dellaquila 46,898,886 345,204 33,041 3,644,590 Mark V. Kaminski 45,433,247 1,816,165 27,719 3,644,590 Karla R. Lewis 47,083,105 174,065 19,961 3,644,590 Robert A. McEvoy 46,180,505 1,058,194 38,432 3,644,590 David W. Seeger 46,169,442 1,068,880 38,809 3,644,590 Douglas W. Stotlar 43,216,317 4,040,357 20,457 3,644,590”
Earnings Releases

RELIANCE, INC. reported financial results for first quarter ended March 31, 2024.

“On April 25, 2024, the Company issued a press release announcing financial results for the quarter ended March 31, 2024.”
Earnings Releases

RELIANCE, INC. reported the fourth quarter and full year ended December 31, 2023 results: revenue $3,337.3 million, net income $272.7 million, EPS $4.70 per diluted share.

“Reliance, Inc. (NYSE: RS) today reported its financial results for the fourth quarter and full year ended December 31, 2023”
Governance Changes

RELIANCE, INC.: Amended and restated bylaws to reflect name change, update director nomination and stockholder proposal procedures per universal proxy rules, and make other administrative and conforming changes (effective 2024-02-14).

“The Board also amended and restated the Company’s Amended and Restated Bylaws, effective as of the filing of the Certificate of Amendment, to reflect the Name Change and make certain other updates.”
Governance Changes

RELIANCE, INC.: Changed corporate name from Reliance Steel & Aluminum Co. to Reliance, Inc. via Certificate of Amendment to Restated Certificate of Incorporation (effective 2024-02-14).

“On February 14, 2024, Reliance Steel & Aluminum Co. changed its corporate name to Reliance, Inc. (the “Name Change”) by filing with the Secretary of State of the State of Delaware a Certificate of Amendment (the “Certificate of Amendment”) to its Restated Certificate of Incorporation.”
Earnings Releases

RELIANCE, INC. reported the third quarter ended September 30, 2023 results: revenue $3,623.0 million, net income $295.0 million, EPS $4.99.

“Reliance Steel & Aluminum Co. Reports Third Quarter 2023 Financial Results – Net sales of $3.62 billion with tons sold up 1.1% from Q3 2022”

James D. Hoffman departed as Director at RELIANCE, INC..

“On October 24, 2023, James D. Hoffman informed the Company’s Board of Directors (the “Board”) that he has decided to retire from service on the Board and will not stand for reelection to the Board at the 2024 Annual Meeting of Stockholders”
Earnings Releases

RELIANCE, INC. reported the second quarter ended June 30, 2023 results: revenue $3.88 billion, net income $385.1, EPS $6.49.

“Reliance Steel & Aluminum Co. Reports Second Quarter 2023 Financial Results · Net sales of $3.88 billion with tons sold up 1.9% from Q2 2022 · Strong gross profit margin of 31.5% · EPS of $6.49 · Cash flow from operations of $295.1 million · Repurchased $73.9 million of common stock · Completed acquisition of Southern Steel Supply, LLC on May 1, 2023”
Shareholder Votes

RELIANCE, INC. shareholders rejected Stockholder proposal on adoption of a Board policy regarding separation of Chairman and CEO roles at the 2023-05-17 meeting.

“The stockholder proposal on the adoption of a Board policy regarding separation of the roles of Chairman and Chief Executive Officer was not approved based upon the following votes: The vote was 6,402,184 for; 41,995,519 against; and 787,530 abstentions. There were 3,705,178 broker non-votes.”
Shareholder Votes

RELIANCE, INC. shareholders approved Advisory vote on frequency of say-on-pay votes at the 2023-05-17 meeting.

“The proposal on the advisory vote of the frequency of the advisory vote to approve the compensation of our named executive officers was approved for one year based upon the following votes: One Year Two Years Three Years Votes Abstained Broker Non-Votes 45,038,989 13,638 2,443,643 1,688,963 3,705,178”
Shareholder Votes

RELIANCE, INC. shareholders approved Ratification of KPMG LLP as independent auditor at the 2023-05-17 meeting.

“The proposal to ratify the selection of KPMG LLP as the Company's independent registered public accounting firm for the 2023 fiscal year was approved based upon the following votes: The vote was 52,463,018 for; 395,818 against; and 31,575 abstentions. There were no broker non-votes.”
Shareholder Votes

RELIANCE, INC. shareholders approved Advisory approval of executive compensation at the 2023-05-17 meeting.

“The proposal to approve, on an advisory basis, the compensation of the Company's named executive officers was approved based upon the following votes: The vote was 48,227,575 for; 915,399 against; and 42,259 abstentions. There were 3,705,178 broker non-votes.”
Shareholder Votes

RELIANCE, INC. shareholders approved Election of directors at the 2023-05-17 meeting.

“Each of the nominees for election to the Company's Board of Directors (the “Board”) were elected to hold office until the Company's next Annual Meeting, based upon the following votes: Nominee Votes For Votes Against Votes Abstained Broker Non-Votes Lisa L. Baldwin 48,461,600 698,839 24,794 3,705,178 Karen W. Colonias 48,761,500 393,824 29,909 3,705,178 Frank J. Dellaquila 48,952,467 204,409 28,357 3,705,178 James D. Hoffman 48,590,892 569,269 25,072 3,705,178 Mark V. Kaminski 47,345,968 1,813,993 25,272 3,705,178 Karla R. Lewis 48,828,623 334,642 21,968 3,705,178 Robert A. McEvoy 48,331,674 825,682 27,877 3,705,178 David W. Seeger 48,352,256 805,169 27,808 3,705,178 Douglas W. Stotlar 47,547,545 1,609,760 27,928 3,705,178”
Earnings Releases

RELIANCE, INC. reported the first quarter ended March 31, 2023 results: revenue $3,965.3, net income $383.1, EPS $6.43.

“except tons which are in thousands and per share amounts) Sequential Quarter Quarter-Over- Quarter Q1 2023 Q4 2022 % Change Q1 2022 % Change Income Statement Data: Net sales $ 3,965.3 $ 3,610.8 9.8% $ 4,485.8 (11.6%) Gross profit 1 $ 1,226.0 $ 1,129.8 8.5% $ 1,387.1 (11.6%) Gross profit margin 1 30.9% 31.3% (0.4%) 30.9% 0.0% Non-GAAP gross profit margin 1,2”
Earnings Releases

RELIANCE, INC. reported the full year ended December 31, 2022 results: revenue $17.03 billion, net income $1,840.1 million, EPS $29.92.

“Reliance Steel & Aluminum Co. Reports Fourth Quarter and Full Year 2022 Financial Results - Record annual net sales of $17.03 billion increased 20.8% - Record annual pretax income of $2.43 billion and pretax income margin of 14.3% - Record annual EPS of $29.92; non-GAAP EPS of $30.03 - Record quarterly and annual cash flow from operations of $808.7 million and $2.12 billion”

John G. Figueroa departed as director at RELIANCE, INC..

“On February 14, 2023, John G. Figueroa informed the Company's Board of Directors (the “Board”) that he has decided to retire from service on the Board and will not stand for reelection to the Board at the 2023 Annual Meeting of Stockholders (the “Annual Meeting”).”

Karla R. Lewis was appointed as Chief Executive Officer at RELIANCE, INC..

“current President, Karla R. Lewis, will succeed Mr. Hoffman as CEO effective January 1, 2023.”

James D. Hoffman departed as Chief Executive Officer at RELIANCE, INC..

“James D. Hoffman will retire as the Company’s Chief Executive Officer (the “CEO”) at the end of the Company’s fiscal year on December 31, 2022.”

Michael R. Hynes changed role as Senior Vice President, Operations at RELIANCE, INC..

“the Company also announced the promotion of Michael R. Hynes to Senior Vice President, Operations, effective July 1, 2022.”

Stephen P. Koch changed role as Executive Vice President and Chief Operating Officer at RELIANCE, INC..

“the Company announced the promotion of Stephen P. Koch to the position of Executive Vice President and Chief Operating Officer, effective July 1, 2022.”

Michael P. Shanley retired as Senior Vice President, Operations at RELIANCE, INC..

“On May 18, 2022, Michael P. Shanley, the Senior Vice President, Operations of Reliance Steel & Aluminum Co. (the “Company”) notified the Company of his intended retirement from the Company, effective December 31, 2022.”

Frank J. Dellaquila was appointed as Director at RELIANCE, INC..

“On October 6, 2021, Reliance Steel & Aluminum Co. (the “Company”) announced that it increased the size of its Board of Directors from eleven to twelve directors and appointed Frank J. Dellaquila to serve as an independent director, effective October 5, 2021.”

David W. Seeger was appointed as independent director at RELIANCE, INC..

“On July 23, 2021, Reliance Steel & Aluminum Co. (the “Company”) announced that it increased the size of its Board of Directors from ten to eleven directors and appointed David W. Seeger to serve as an independent director, effective July 20, 2021.”

William K. Sales, Jr. departed as Executive Vice President, Operations at RELIANCE, INC..

“On June 28, 2021, William K. Sales, Jr., Executive Vice President, Operations of Reliance Steel & Aluminum Co. (the “Company”) informed the Company that he will be retiring effective January 31, 2022.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.