SEC Filing Summary: Reliance, Inc. (RS)
Business Context and Reporting Period
This Form 8-K reports the results of the Annual Meeting of Stockholders held by Reliance, Inc. on May 21, 2025. The meeting was conducted via live webcast. As of the record date, 47,383,352 shares were represented, constituting 89.59% of total shares outstanding.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Stockholders voted on three primary matters:
- Director Elections: All eight nominees were elected to the Board of Directors. Notable voting patterns included:
| Nominee | Votes For | Votes Against | Abstained |
|---|---|---|---|
| Lisa L. Baldwin | 42,075,929 | 2,052,888 | 41,171 |
| Karen W. Colonias | 43,041,391 | 1,087,443 | 41,154 |
| Frank J. Dellaquila | 43,680,585 | 460,279 | 29,124 |
| James K. Kamsickas | 43,762,921 | 369,145 | 37,922 |
| Karla R. Lewis | 43,831,646 | 298,436 | 39,906 |
| Robert A. McEvoy | 41,994,418 | 2,146,512 | 29,058 |
| David W. Seeger | 35,891,722 | 8,248,956 | 29,310 |
| Douglas W. Stotlar | 41,851,400 | 2,289,312 | 29,276 |
- Executive Compensation (Say-on-Pay): The advisory proposal was approved with 41,834,604 votes for, 2,270,934 against, and 64,450 abstentions.
- Auditor Ratification: The selection of KPMG LLP as the independent registered public accounting firm for fiscal year 2025 was approved with 46,845,533 votes for, 510,088 against, and 27,731 abstentions.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, or contingencies. The document is limited to the disclosure of voting outcomes.
Investor Verification Checklist
- Verify the significant "Against" vote count for Director David W. Seeger (8,248,956 votes), which was substantially higher than other nominees.
- Confirm the total number of broker non-votes (3,213,364) which impacted the director election and say-on-pay proposals but not the auditor ratification.
- Review the company's proxy statement for context regarding the specific issues driving the dissenting votes for certain directors.