Alexander KarpAlexander Karp earned $1B in 2024

In 2022, James D. Hoffman earned $30.70M in total compensation at Reliance, including $1.28M salary and $26.57M in stock. Most recently sold 10,000 shares in May 2024. Currently holds stock worth $36.21M. Has donated $49.74M in stock to charitable causes. Led Reliance as CEO for 3 years.

Compensation History

Annual executive compensation data for James D. Hoffman, including salary, bonuses, and stock awards.

Year

2022

Total Compensation

$30.70M

Salary

$1.28M

Bonus

$0.00

Other

$2.85M

Salary

$1.28M

Board Justification

The compensation program aligns executive compensation with company performance, motivating executives to deliver financial results that maximize stockholder value.

Bonus

$0.00

Board Justification

No bonus was awarded in 2022.

Other Compensation

$2.85M

Board Justification

Other compensation includes 401(k) match contributions, company contributions to the Deferred Compensation Plan, dividend equivalents on RSUs, and EMJ Bonus Plan benefits.

Restricted Stock

$26.57M148.19K RSU

Board Justification

148,189 shares of service-based RSUs vested in 2022.

Performance Metrics

The performance metrics for 2022 included Pretax Income Margin and Tons Sold Growth.

R

James D. Hoffman

Ex-CEO of Reliance

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Basic Materials

Born

January 1, 1959 - 66 years ago

CEO of Reliance for

3 years 11 months (Jan 2019 - Dec 2022)

Previous Experience

Executive Vice President, Operations

Holdings

Track James D. Hoffman's stock holdings and portfolio value over time.

Total Stock Sold

$99.78M

RS

$99.78M

488,339 RS shares

What if they kept their stock?

If James D. Hoffman didn't sell their stock, today they would have:
Extra RS488,339 shares worth $139.58M.
This is 39.88% and $39.80M more than what they got when they sold the stock.

Charitable Transactions

RS

174,042 shares

RS

Recent Charitable Transactions

RS

78,709 shares

RS

Mar 17, 2023

Charity

RS

95,333 shares

RS

Dec 30, 2022

Charity

Insider Trading

James D. Hoffman's recent stock transactions, purchases, and sales filed with the SEC.

RS

$2.95M

RS at $294.91/share

May 10, 2024

Sale

RS

$5.82M

RS at $291.19/share

May 3, 2024

Sale

RS

$1.45M

RS at $290.17/share

Apr 30, 2024

Sale

RS

$12.94M

RS at $323.49/share

Feb 27, 2024

Sale

RS

81,466 shares

RS

Feb 16, 2024

Received

RS

$2.84M

RS at $279.26/share

Dec 4, 2023

Sale

RS

$2.72M

RS at $271.82/share

Nov 30, 2023

Sale

RS

$5.75M

RS at $287.31/share

Aug 29, 2023

Sale

RS

$2.36M

RS at $235.86/share

May 30, 2023

Sale

RS

78,709 shares

RS

Mar 17, 2023

Charity

Rivals

Compare James D. Hoffman with competitor CEOs and industry peers.