Gregg J. Mollins, Director at RELIANCE STEEL & ALUMINUM CO (RS), sold 98,580 shares at $89.23 ($8.8M) on 2019-03-01, disclosed to the SEC on 2019-03-05.
Seasonal sale ($8.8M) by Director — 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 | $89.23 | 30,096 | $2.7M | 30.5% |
| 2 | $89.23 | 30,096 | $2.7M | 30.5% |
| 3 | $89.51 | 19,194 | $1.7M | 19.5% |
| 4 | $89.51 | 19,194 | $1.7M | 19.5% |
| Total | $89.34 avg | 98,580 | $8.8M | 100% |
| Filing → |
| RS | SELL | 2018-03-07 | $5.6M | — | Filing → |
| RS | SELL | 2018-02-21 | $1.7M | — | Filing → |
| RS | SELL | 2017-03-10 | $233K | — | Filing → |