The estimated Net Worth of Michael Patrick Shanley is at least $17.9 Million dollars as of 28 February 2022. Mr. Shanley owns over 22,664 units of Reliance stock worth over $6,839,800 and over the last 9 years he sold RS stock worth over $7,226,896. In addition, he makes $3,875,000 as Senior Vice President - Operations at Reliance.
Michael has made over 8 trades of the Reliance stock since 2016, according to the Form 4 filled with the SEC. Most recently he sold 22,664 units of RS stock worth $4,226,836 on 28 February 2022.
The largest trade he's ever made was selling 22,664 units of Reliance stock on 28 February 2022 worth over $4,226,836. On average, Michael trades about 2,397 units every 84 days since 2016. As of 28 February 2022 he still owns at least 25,126 units of Reliance stock.
You can see the complete history of Mr. Shanley stock trades at the bottom of the page.
Michael P. Shanley is the Senior Vice President, Operations of Company. He was appointed Senior Vice President, Operations in April 2015. Mr. Shanley was president of Liebovich Bros., Inc., a subsidiary of Reliance, since September 2009, having been vice president and general manager of Hagerty Steel and Aluminum, a division of Liebovich Bros., from January 2005 to September 2009. Mr. Shanley joined Liebovich Bros. in 1978 and held various sales and management positions prior to 2005. Mr. Shanley has more than 38 years of metals service center industry experience.
As the Senior Vice President - Operations of Reliance, the total compensation of Michael Shanley at Reliance is $3,875,000. There are 4 executives at Reliance getting paid more, with James Hoffman having the highest compensation of $13,770,000.
Michael Shanley is 62, he's been the Senior Vice President - Operations of Reliance since 2015. There are 6 older and 16 younger executives at Reliance. The oldest executive at Reliance Inc. is Andrew Sharkey, 73, who is the Independent Director.
Michael's mailing address filed with the SEC is 350 SOUTH GRAND AVENUE, SUITE 5100, LOS ANGELES, CA, 90071.
Over the last 21 years, insiders at Reliance have traded over $206,517,036 worth of Reliance stock and bought 69,500 units worth $2,065,670 . The most active insiders traders include David H Hannah, Gregg J Mollins und Karla R Lewis. On average, Reliance executives and independent directors trade stock every 27 days with the average trade being worth of $3,405,200. The most recent stock trade was executed by Stephen Paul Koch on 31 May 2024, trading 20,421 units of RS stock currently worth $6,031,955.
reliance steel & aluminum co. (nyse:rs) headquartered in los angeles, california, is the largest metals service center company in north america. through a network of more than 300 locations in 39 states and 12 countries outside of the united states, the company provides value-added metals processing services and distributes a full line of over 100,000 metal products. these products include galvanized, hot-rolled and cold-finished steel, stainless steel, aluminum, brass, copper, titanium and alloy steel sold to more than 125,000 customers in a broad range of industries. some of these metals service centers provide processing services for specialty metals only. in the mid-1970's, the company began to establish specialty metals centers stocked with inventories of selected metals and equipped with automated materials handling and precision cutting equipment. beginning in the early 1990's, owners of successful service center companies started to sell these companies as they were reaching re
Reliance executives and other stock owners filed with the SEC include: