Reliance Global director sells 8,830 shares at $3.9684

A Reliance Global Group director received and fully vested restricted stock, then sold 8,830 common shares.

Rhea-AI Filing Summary

Reliance Global Group, Inc. (EZRA) director Alex Blumenfrucht reported both a stock grant and a sale of common shares. On August 3, 2026, he sold 8,830 shares of common stock at $3.9684 per share in an open-market or private transaction. Earlier, on June 24, 2026, he received 7,168 restricted shares under the company’s 2025 Equity Incentive Plan pursuant to a Restricted Stock Award Agreement. Those restricted shares, originally scheduled to vest in six installments between July 1 and September 15, 2026, had their vesting accelerated and fully vested on July 27, 2026. No Rule 10b5-1 trading plan is reported in connection with these transactions.

Insider Trade Summary

Net Seller: 8,830 shares

Net Sell 2 txns

Insider Blumenfrucht Alex

Role Director

Sold 8,830 shs ($35K)

Type	Security	Shares	Price	Value
Sale	Common Stock	8,830	$3.9684	$35K
Grant/Award	Common Stock F1	7,168	--	--

Holdings After Transaction: Common Stock — 13 shares (Direct)

Footnotes (1)

1. F1. Represents restricted shares of Common Stock granted on June 24, 2026 under the Issuer's 2025 Equity Incentive Plan, pursuant to a Restricted Stock Award Agreement between the Reporting Person and the Issuer. The shares were originally scheduled to vest in substantially equal installments on July 1, July 15, August 4, August 18, September 1 and September 15, 2026. On July 27, 2026, the vesting schedule was modified to accelerate the vesting of all then-unvested shares, which vested in full on such date.

Key Figures

Shares sold: 8,830 shares Sale price per share: $3.9684 per share Restricted shares granted: 7,168 shares +2 more

5 metrics

Shares sold 8,830 shares Common stock sale reported for August 3, 2026

Sale price per share $3.9684 per share Price for 8,830 EZRA common shares sold on August 3, 2026

Restricted shares granted 7,168 shares Restricted common shares granted on June 24, 2026 under the 2025 Equity Incentive Plan

Original vesting installments 6 installments Restricted shares scheduled to vest on July 1, July 15, August 4, August 18, September 1 and September 15, 2026

Vesting acceleration date July 27, 2026 All then-unvested restricted shares vested in full on this date

Key Terms

restricted shares, Equity Incentive Plan, Restricted Stock Award Agreement

3 terms

restricted shares financial

"Represents restricted shares of Common Stock granted on June 24, 2026"

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

Equity Incentive Plan financial

"granted on June 24, 2026 under the Issuer's 2025 Equity Incentive Plan"

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

Restricted Stock Award Agreement financial

"pursuant to a Restricted Stock Award Agreement between the Reporting Person"

A restricted stock award agreement is a legal contract that grants someone company shares that are subject to limits — for example, they may only become fully owned after working at the company for a set time, meeting performance goals, or otherwise satisfying conditions. For investors, these agreements matter because they shape insider incentives, future share dilution when restrictions lift, and company compensation costs; think of it like a gift locked in a box that opens only after certain conditions are met.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did EZRA director Alex Blumenfrucht report in this Form 4?

He reported a grant of 7,168 restricted shares of Reliance Global Group, Inc. (EZRA) common stock on June 24, 2026, and a sale of 8,830 common shares on August 3, 2026 in an open-market or private transaction.

At what price were the Reliance Global Group (EZRA) shares sold on August 3, 2026?

On August 3, 2026, Alex Blumenfrucht sold 8,830 EZRA common shares at $3.9684 per share in a sale categorized as an open-market or private transaction.

What were the terms of the 7,168 restricted Reliance Global Group (EZRA) shares granted?

The 7,168 restricted shares of EZRA common stock were granted on June 24, 2026 under the 2025 Equity Incentive Plan via a Restricted Stock Award Agreement and were originally scheduled to vest in six substantially equal installments from July 1 to September 15, 2026.

How was the vesting of the EZRA restricted stock award changed for Alex Blumenfrucht?

On July 27, 2026, the vesting schedule for Alex Blumenfrucht’s restricted stock award was modified to accelerate vesting so that all then-unvested shares vested in full on that date.

Was a Rule 10b5-1 trading plan used for these EZRA insider transactions?

No. The filing indicates that no Rule 10b5-1 trading plan is reported for the transactions disclosed by director Alex Blumenfrucht in this Form 4.

Are there derivative securities involved in this EZRA Form 4 filing?

No derivative securities are reported. The Form 4 only reports non-derivative common stock transactions: a grant of 7,168 restricted shares and a sale of 8,830 common shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/10/2026 - 05:08 PM Accepted by SEC EDGAR 09/10/2026 - 05:08 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Blumenfrucht Alex

(Last) (First) (Middle)

C/O RELIANCE GLOBAL GROUP, INC.

300 BLVD. OF THE AMERICAS, SUITE 105

(Street)

LAKEWOOD NEW JERSEY 08701

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Reliance Global Group, Inc. [ EZRA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/24/2026		A		7,168	A	(1)	8,843	D
Common Stock	08/03/2026		S		8,830	D	$3.9684	13	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted shares of Common Stock granted on June 24, 2026 under the Issuer's 2025 Equity Incentive Plan, pursuant to a Restricted Stock Award Agreement between the Reporting Person and the Issuer. The shares were originally scheduled to vest in substantially equal installments on July 1, July 15, August 4, August 18, September 1 and September 15, 2026. On July 27, 2026, the vesting schedule was modified to accelerate the vesting of all then-unvested shares, which vested in full on such date.

	/s/ Alex Blumenfrucht	09/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)