Reliance Global COO granted 21,941 shares

EZRA’s COO received a 21,941-share restricted stock grant and used 10,721 shares to cover tax liabilities as the award vested in 2026.

Rhea-AI Filing Summary

Reliance Global Group, Inc. (EZRA) reported that its Chief Operating Officer, Judah Korman, received a grant of 21,941 restricted shares of Common Stock on June 24, 2026 under the 2025 Equity Incentive Plan, pursuant to a Restricted Stock Award Agreement. The vesting, originally in six installments between July 1 and September 15, 2026, was modified so that all then-unvested shares vested in full on July 27, 2026. On July 6, July 20, and July 30, 2026, Korman disposed of 1,634, 1,772, and 7,315 shares, respectively, at per-share prices reported as $3.0982, $2.2635, and $1.9017, to pay tax liabilities by delivering shares incident to that stock grant, a transaction type the company states is exempt from Section 16(b) under Rule 16b-3. No Rule 10b5-1 trading plan is reported for these transactions.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Korman Judah

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F2	7,315	$1.9017	$14K
Tax Withholding	Common Stock F2	1,772	$2.2635	$4K
Tax Withholding	Common Stock F2	1,634	$3.0982	$5K
Grant/Award	Common Stock F1	21,941	--	--

Holdings After Transaction: Common Stock — 11,220 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

Restricted stock grant: 21,941 shares Tax-withholding dispositions total: 10,721 shares Tax shares on July 6, 2026: 1,634 shares at $3.0982 per share +2 more

5 metrics

Restricted stock grant 21,941 shares Restricted Common Stock granted to COO on June 24, 2026

Tax-withholding dispositions total 10,721 shares Shares delivered or withheld for tax liability related to the stock grant

Tax shares on July 6, 2026 1,634 shares at $3.0982 per share Common Stock disposed to pay tax liability

Tax shares on July 20, 2026 1,772 shares at $2.2635 per share Common Stock disposed to pay tax liability

Tax shares on July 30, 2026 7,315 shares at $1.9017 per share Common Stock disposed to pay tax liability

Key Terms

Restricted Stock Award Agreement, 2025 Equity Incentive Plan, Section 16(b), Rule 16b-3

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"

Section 16(b) regulatory

"This transaction is exempt from Section 16(b) of the Securities Exchange Act"

A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.

Rule 16b-3 regulatory

"stock grant, which was issued in accordance with Rule 16b-3"

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.

FAQ

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

What insider stock grant did EZRA’s COO Judah Korman receive in June 2026?

Judah Korman received a grant of 21,941 restricted shares of Common Stock on June 24, 2026 under Reliance Global Group’s 2025 Equity Incentive Plan, pursuant to a Restricted Stock Award Agreement with the company.

How was the vesting schedule for EZRA COO Judah Korman’s June 2026 award changed?

The restricted shares were originally scheduled to vest in six substantially equal installments between July 1 and September 15, 2026. On July 27, 2026, the vesting schedule was modified, and all then-unvested shares vested in full on that date.

What share disposals did EZRA’s COO report for tax payments related to his award?

Korman reported dispositions of 1,634 shares on July 6, 1,772 shares on July 20, and 7,315 shares on July 30, 2026. The filing states these represented payment of tax liability by delivering shares incident to the previously reported stock grant.

At what prices were the EZRA shares used to cover COO Judah Korman’s tax liabilities valued?

The per-share prices reported for the tax-related dispositions were $3.0982 on July 6, $2.2635 on July 20, and $1.9017 on July 30, 2026, each applied to Common Stock of Reliance Global Group, Inc.

Were EZRA COO Judah Korman’s July 2026 transactions open-market sales?

The filing describes the July 2026 transactions as payment of tax liability by delivering securities incident to a previously reported stock grant, and notes they are exempt from Section 16(b) under Rule 16b-3, rather than characterizing them as open-market sales.

Did EZRA indicate a Rule 10b5-1 trading plan for Judah Korman’s Form 4 transactions?

No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, and the footnotes do not state that these transactions were executed under a Rule 10b5-1 or other pre-arranged trading plan.

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

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Available on EDGAR 09/10/2026 - 05:11 PM Accepted by SEC EDGAR 09/10/2026 - 05:11 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^*

Korman Judah

(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)

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

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		21,941	A	(1)	21,941	D
Common Stock	07/06/2026		F(2)		1,634	D	$3.0982	20,307	D
Common Stock	07/20/2026		F(2)		1,772	D	$2.2635	18,535	D
Common Stock	07/30/2026		F(2)		7,315	D	$1.9017	11,220	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/ Judah Korman	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)