Gregg J. Mollins, President and CEO at RELIANCE STEEL & ALUMINUM CO (RS), sold 60,664 shares at $92.83 ($5.6M) on 2018-03-06, disclosed to the SEC on 2018-03-07.
Seasonal sale ($5.6M) by President and CEO — this insider has traded RS in March in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $92.83 | 30,332 | $2.8M | 50.0% |
| 2 | $92.83 | 30,332 | $2.8M | 50.0% |
| Total | $92.83 avg | 60,664 | $5.6M | 100% |
| Filing → |
| RS | SELL | 2019-02-27 | $1.7M | — | Filing → |
| RS | SELL | 2018-02-21 | $1.7M | — | Filing → |
| RS | SELL | 2017-03-10 | $233K | — | Filing → |