The estimated Net Worth of James Donald Hoffman is at least $77.2 Million dollars as of 10 May 2024. Mr. Hoffman owns over 5,000 units of Reliance stock worth over $9,266,913 and over the last 16 years he sold RS stock worth over $54,142,847. In addition, he makes $13,770,000 as President, Chief Executive Officer, and Director at Reliance.
James has made over 35 trades of the Reliance stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 5,000 units of RS stock worth $1,471,800 on 10 May 2024.
The largest trade he's ever made was exercising 43,750 units of Reliance stock on 31 October 2012 worth over $1,753,500. On average, James trades about 4,813 units every 67 days since 2009. As of 10 May 2024 he still owns at least 34,042 units of Reliance stock.
You can see the complete history of Mr. Hoffman stock trades at the bottom of the page.
James D. Hoffman serves as President, Chief Executive Officer, Director of the Company. He became Executive Vice President and Chief Operating Officer in March 2016. Mr. Hoffman served as the Company’s Executive Vice President, Operations since May 2015, and as Senior Vice President, Operations since 2008. Mr. Hoffman served as executive vice president and chief operating officer of our subsidiary, Earle M. Jorgensen Company, from April 2006 to September 2008. Mr. Hoffman was appointed executive vice president of Earle M. Jorgensen Company in 2006, having been a vice president of Earle M. Jorgensen Company since 1996. Mr. Hoffman also serves as a member of the board of directors of the Metals Service Center Institute.
As the President, Chief Executive Officer, and Director of Reliance, the total compensation of James Hoffman at Reliance is $13,770,000. There are no executives at Reliance getting paid more.
James Hoffman is 61, he's been the President, Chief Executive Officer, and Director of Reliance since 2019. There are 9 older and 15 younger executives at Reliance. The oldest executive at Reliance Inc. is Andrew Sharkey, 73, who is the Independent Director.
James's mailing address filed with the SEC is C/O RELIANCE, INC., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE, AZ, 85254.
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, and 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: