Reliance Global director sells 7,448 shares at $4.08

EZRA director Ben Fruchtzweig received a restricted stock grant, settled related tax liabilities in shares, and then sold 7,448 common shares on August 3, 2026.

Rhea-AI Filing Summary

Reliance Global Group, Inc. (EZRA) director Ben Fruchtzweig reported a series of equity transactions in the company’s common stock. On June 24, 2026, he received a grant of 7,168 restricted shares under the 2025 Equity Incentive Plan, pursuant to a Restricted Stock Award Agreement. The vesting schedule for this grant was later modified so that all then-unvested shares vested in full on July 27, 2026. To cover tax liabilities from a previously reported stock grant, a total of 1,887 shares were delivered or withheld on June 24, July 6, July 20, and July 30, 2026 in exempt transactions under Rule 16b-3. On August 3, 2026, he sold 7,448 shares of common stock in a market or private transaction at $4.0754 per share, with no Rule 10b5-1 trading plan reported.

Insider Trade Summary

Net Seller: 7,448 shares

Net Sell 5 txns

Insider Fruchtzweig Ben

Role Director

Sold 7,448 shs ($30K)

Type	Security	Shares	Price	Value
Sale	Common Stock	7,448	$4.0754	$30K
Tax Withholding	Common Stock F2	1,288	$1.9017	$2K
Tax Withholding	Common Stock F2	312	$2.2635	$706.21
Tax Withholding	Common Stock F2	287	$3.0982	$889.18
Grant/Award	Common Stock F1	7,168	--	--

Holdings After Transaction: Common Stock — 5 shares (Direct)

Footnotes (2)

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.
2. F2. 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").

Key Figures

Shares sold: 7,448 shares Sale price per share: $4.0754 per share Restricted shares granted: 7,168 shares +4 more

7 metrics

Shares sold 7,448 shares Common stock sale on August 3, 2026

Sale price per share $4.0754 per share Common stock sale on August 3, 2026

Restricted shares granted 7,168 shares Restricted stock grant on June 24, 2026 under 2025 Equity Incentive Plan

Shares for tax liability 1,887 shares Code F transactions to pay tax liability on June 24, July 6, July 20, and July 30, 2026

Code F disposition June 24, 2026 287 shares at $3.0982 per share Payment of tax liability by delivering or withholding common stock

Code F disposition July 20, 2026 312 shares at $2.2635 per share Payment of tax liability by delivering or withholding common stock

Code F disposition July 30, 2026 1,288 shares at $1.9017 per share Payment of tax liability by delivering or withholding common stock

Key Terms

Restricted Stock Award Agreement, 2025 Equity Incentive Plan, Rule 16b-3, Section 16(b) of the Securities Exchange Act of 1934

4 terms

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.

2025 Equity Incentive Plan financial

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

Rule 16b-3 regulatory

"issued in accordance with Rule 16b-3. This transaction is exempt"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

Section 16(b) of the Securities Exchange Act of 1934 regulatory

"exempt from Section 16(b) of the Securities Exchange Act of 1934"

FAQ

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

What insider transactions did EZRA director Ben Fruchtzweig report in this Form 4?

He reported a grant of 7,168 restricted shares on June 24, 2026, 1,887 shares delivered or withheld to pay tax liabilities on June 24, July 6, July 20, and July 30, 2026, and a sale of 7,448 shares on August 3, 2026.

At what price did Ben Fruchtzweig sell EZRA shares on August 3, 2026?

On August 3, 2026, Ben Fruchtzweig sold 7,448 shares of Reliance Global Group, Inc. (EZRA) common stock at $4.0754 per share in an open-market or private transaction, as reported in the Form 4.

What were the terms of the restricted stock grant reported by EZRA’s director?

The director received 7,168 restricted shares of common stock on June 24, 2026 under the 2025 Equity Incentive Plan. These were originally scheduled to vest in equal installments between July 1 and September 15, 2026, but all then-unvested shares vested in full on July 27, 2026.

Why were EZRA shares disposed of under transaction code F in this Form 4?

The code F transactions, totaling 1,887 shares, represent payment of tax liability by delivering or withholding Reliance Global Group, Inc. common stock incident to a previously reported stock grant, and are noted as exempt under Rule 16b-3.

Was a Rule 10b5-1 trading plan disclosed for Ben Fruchtzweig’s EZRA share sale?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and the footnotes do not state that the August 3, 2026 sale of 7,448 shares was made pursuant to a Rule 10b5-1 trading plan.

How were the vesting terms of the EZRA restricted shares changed for the director?

The 7,168 restricted shares granted on June 24, 2026 were to vest in several installments through September 15, 2026. On July 27, 2026, the vesting schedule was modified so that all then-unvested shares vested in full on that date.

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

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Available on EDGAR 09/10/2026 - 05:04 PM Accepted by SEC EDGAR 09/10/2026 - 05:03 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^*

Fruchtzweig Ben

(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)	9,340	D
Common Stock	07/06/2026		F(2)		287	D	$3.0982	9,053	D
Common Stock	07/20/2026		F(2)		312	D	$2.2635	8,741	D
Common Stock	07/30/2026		F(2)		1,288	D	$1.9017	7,453	D
Common Stock	08/03/2026		S		7,448	D	$4.0754	5	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.

2. 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/ Ben Fruchtzweig	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)