Jeffrey E. Eberwein Reports 19% Stake in Reliability Incorporated (RLBY)

On April 10, 2026, Jeffrey E. Eberwein, the Chief Executive Officer of Star Equity Holdings, Inc., filed a Schedule 13D reporting a significant ownership stake in Reliability Incorporated (RLBY). Mr. Eberwein reported beneficial ownership of 8,853,328 shares of common stock, representing approximately 19.0% of the company's outstanding shares. The filing was prompted by a reduction in the issuer's total outstanding share count, as disclosed in a Form 8-K filed on the same day. The aggregate purchase price for these shares was approximately $232,990, funded through personal funds. Mr. Eberwein acquired the shares for investment purposes, believing they represent an attractive opportunity. While he has no immediate plans for a takeover or major structural changes, he intends to review his investment continuously and may engage in discussions with the issuer's Board of Directors and management regarding board composition, capitalization, or operations. He maintains sole voting and dispositive power over all reported shares. This filing marks a significant new position for the reporting person in the issuer.