Reliance Global exec uses shares to pay taxes
Rhea-AI Filing Summary
Reliance Global Group, Inc. Executive Vice President of the Insurance Division, Yaakov Beyman, reported two tax-withholding dispositions of Common Stock, delivering a total of 77,321 shares at prices around $0.87 per share to cover tax liabilities on a prior stock grant. Following these routine, non–open-market transactions, he directly holds 159,473.35 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 77,321 shares
Net Sell
2 txns
Insider
Beyman Yaakov
Role
EXEC VP, INSURANCE DIVISION
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 75,140 | $0.8747 | $66K |
| Exercise Price or Tax Liability | Common Stock | 2,181 | $0.8838 | $2K |
Holdings After Transaction:
Common Stock — 159,473.35 shares (Direct)
Footnotes (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
What insider transactions did EZRA executive Yaakov Beyman report on this Form 4?
Yaakov Beyman reported two tax-withholding dispositions of Reliance Global Group, Inc. Common Stock. He delivered 77,321 shares on two dates in September 2025 at prices near $0.87 per share to satisfy tax obligations related to a previously reported stock grant.
What does transaction code F mean in the EZRA Form 4 filing?
Transaction code F indicates a tax-withholding disposition of shares. In this EZRA filing, it represents payment of tax liability by delivering previously granted shares, incident to a stock grant issued under Rule 16b-3, and is exempt from Section 16(b) of the Exchange Act.
AI-generated analysis. How Rhea-AI works. Not financial advice.