Reliance Global CFO sells EZRA common shares

Reliance Global Group, Inc. Chief Financial Officer Joel Markovits reported multiple transactions in the company’s common stock.

Rhea-AI Filing Summary

Reliance Global Group, Inc. Chief Financial Officer Joel Markovits reported multiple transactions in the company’s common stock. On November 26, 2025, he sold 25,000 shares at $0.6600 per share, leaving him with 127,689.593 shares held directly afterward.

Earlier, on September 15, 2025, he completed an open‑market sale of 44,082 shares at $0.8166 per share, alongside a tax-withholding disposition of 93,808 shares at $0.8747. On September 4 and 3, 2025, he sold 30,255 and 155 shares at prices around $0.88, plus a separate tax-withholding transfer of 6,717 shares. The footnote explains the tax-withholding entries represent shares delivered to cover tax liabilities from a previously reported stock grant under Rule 16b-3.

Insider Trade Summary

Net Seller: 99,492 shares

Net Sell 6 txns

Insider Markovits Joel

Role Chief Financial Officer

Sold 99,492 shs ($79K)

Type	Security	Shares	Price	Value
Sale	Common Stock	25,000	$0.66	$17K
Exercise Price or Tax Liability	Common Stock	93,808	$0.8747	$82K
Sale	Common Stock	44,082	$0.8166	$36K
Sale	Common Stock	30,255	$0.8795	$27K
Exercise Price or Tax Liability	Common Stock	6,717	$0.8838	$6K
Sale	Common Stock	155	$0.88	$136.40

Holdings After Transaction: Common Stock — 127,689.593 shares (Direct)

Footnotes (1)

1. F1. Represents the payment of tax liability by delivering securities incident to the receipt of a previously reported stock grant, which was issued in accordance with Rule 16b-3. This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

FAQ

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

What did EZRA CFO Joel Markovits report in this Form 4?

Joel Markovits reported several transactions in Reliance Global Group common stock, including open-market sales and tax-related share transfers. The filing details dates, share amounts, prices per share, and his remaining directly held shares after these transactions.

How many Reliance Global Group (EZRA) shares did the CFO sell?

The CFO reported open-market sales totaling 99,492 shares of common stock. These sales occurred on September 3, September 4, September 15, and November 26, 2025, at prices ranging from about $0.66 to $0.88 per share.

What are the tax-withholding transactions shown in the EZRA Form 4?

Two transactions coded “F” cover 100,525 shares delivered to pay tax liabilities from a previously reported stock grant. The footnote states these transfers were made under Rule 16b-3 and are exempt from Section 16(b) of the Exchange Act.

How many EZRA shares does the CFO hold after these transactions?

After the latest reported sale on November 26, 2025, Joel Markovits directly holds 127,689.593 shares of Reliance Global Group common stock. This figure reflects the cumulative effect of the sales and tax-withholding dispositions disclosed in the Form 4.

Are all transactions in the EZRA Form 4 open-market sales?

No. The Form 4 lists open-market sales (transaction code “S”) and tax-withholding dispositions (code “F”). The “F” entries represent shares delivered to satisfy tax obligations on a prior stock grant, not discretionary sales into the market.

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

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Accepted by SEC EDGAR 03/12/2026 - 09:37 PM EDT 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^*

Markovits Joel

(Last) (First) (Middle)

C/O RELIANCE GLOBAL GROUP, INC.

300 BLVD. OF THE AMERICAS, SUITE 105

(Street)

LAKEWOOD NJ 08701

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025

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

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

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

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	09/03/2025		F(1)		6,717	D	$0.8838	320,989.593	D
Common Stock	09/03/2025		S		155	D	$0.88	320,834.593	D
Common Stock	09/04/2025		S		30,255	D	$0.8795	290,579.593	D
Common Stock	09/15/2025		F(1)		93,808	D	$0.8747	196,771.593	D
Common Stock	09/15/2025		S		44,082	D	$0.8166	152,689.593	D
Common Stock	11/26/2025		S		25,000	D	$0.66	127,689.593	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 the payment of tax liability by delivering securities incident to the receipt of a previously reported stock grant, which was issued in accordance with Rule 16b-3. This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

	/s/ Joel Markovits	03/12/2026
	** 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.