Reliance Global VP sells 9,120 shares on Aug. 3
Reliance Global Group, Inc. (EZRA) reported insider activity by Yaakov Beyman, Exec VP, Insurance Division.
Rhea-AI Filing Summary
Reliance Global Group, Inc. (EZRA) reported insider activity by Yaakov Beyman, Exec VP, Insurance Division. On August 3, 2026, he sold 1,000 and 8,120 shares of common stock in open-market or private transactions at $3.305 and $3.90 per share. Earlier, he received a grant of 20,113 restricted shares on June 24, 2026 under the 2025 Equity Incentive Plan, with all then-unvested shares vesting on July 27, 2026, and disposed of additional shares on July 20 and July 30, 2026, and July 6, 2024 to pay tax liabilities by delivering shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,120 shares
Net Sell
6 txns
Insider
Beyman Yaakov
Role
Exec VP, Insurance Division
Sold
9,120 shs ($35K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $3.305 | $3K |
| Sale | Common Stock | 8,120 | $3.90 | $32K |
| Tax Withholding | Common Stock F2 | 8,302 | $1.9017 | $16K |
| Tax Withholding | Common Stock F2 | 2,212 | $2.2635 | $5K |
| Grant/Award | Common Stock F1 | 20,113 | -- | -- |
| Tax Withholding | Common Stock F2 | 1,498 | $3.0982 | $5K |
Holdings After Transaction:
Common Stock — 2,967 shares (Direct)
Footnotes (2)
- 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.
- 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 at $3.305: 1,000 shares
Shares sold at $3.90: 8,120 shares
Restricted stock grant: 20,113 shares
+5 more
8 metrics
Shares sold at $3.305
1,000 shares
Common stock sold on August 3, 2026 at $3.305 per share
Shares sold at $3.90
8,120 shares
Common stock sold on August 3, 2026 at $3.90 per share
Restricted stock grant
20,113 shares
Restricted shares of common stock granted on June 24, 2026
Tax-withholding dispositions July 30, 2026
8,302 shares
Shares delivered to pay tax liability at $1.9017 per share
Tax-withholding dispositions July 20, 2026
2,212 shares
Shares delivered to pay tax liability at $2.2635 per share
Tax-withholding dispositions July 6, 2024
1,498 shares
Shares delivered to pay tax liability at $3.0982 per share
Total shares sold (code S)
9,120 shares
Net sell shares across all sale transactions reported
Total tax-liability shares (code F)
12,012 shares
Shares delivered or withheld for payment of tax liability
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
"previously reported 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.
Section 16(b) of the Securities Exchange Act of 1934 regulatory
"This transaction is 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 executive Yaakov Beyman report in this Form 4?
He reported a grant of 20,113 restricted shares on June 24, 2026, sales of 9,120 shares of common stock on August 3, 2026, and dispositions of 12,012 shares on July 20 and July 30, 2026, and July 6, 2024 to pay tax liabilities.
What equity award did EZRA grant to Yaakov Beyman in June 2026?
On June 24, 2026, Yaakov Beyman received 20,113 restricted shares of common stock under Reliance Global Group’s 2025 Equity Incentive Plan, pursuant to a Restricted Stock Award Agreement between him and the company.
Were the reported EZRA transactions under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and the footnotes do not state that the sales were made pursuant to a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
