Reliance Global VP withholds 3,597 shares for taxes
EZRA’s vice president received a restricted stock grant and later had shares withheld to cover related tax liabilities after accelerated vesting.
Rhea-AI Filing Summary
Reliance Global Group, Inc. (EZRA) reported that Vice President Mordechai Menachem Beyman received a grant of 7,314 shares of restricted Common Stock on June 24, 2026 under the 2025 Equity Incentive Plan, pursuant to a Restricted Stock Award Agreement. The vesting schedule for this award was modified so that all then-unvested shares vested in full on July 27, 2026. In connection with this previously reported stock grant, a total of 3,597 shares of Common Stock were delivered or withheld on June 24, July 6, July 20 and July 30, 2026 to pay tax liabilities, at per-share values ranging from $1.9017 to $3.0982. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Beyman Mordechai Menachem
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F2 | 2,455 | $1.9017 | $5K |
| Tax Withholding | Common Stock F2 | 595 | $2.2635 | $1K |
| Tax Withholding | Common Stock F2 | 547 | $3.0982 | $2K |
| Grant/Award | Common Stock F1 | 7,314 | -- | -- |
Holdings After Transaction:
Common Stock — 3,717 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
Restricted stock granted: 7,314 shares
Shares withheld for taxes (July 30, 2026): 2,455 shares
Tax-withholding price (July 30, 2026): $1.9017 per share
+5 more
8 metrics
Restricted stock granted
7,314 shares
Restricted Common Stock grant on June 24, 2026 under the 2025 Equity Incentive Plan
Shares withheld for taxes (July 30, 2026)
2,455 shares
Common Stock delivered or withheld to pay tax liability at $1.9017 per share
Tax-withholding price (July 30, 2026)
$1.9017 per share
Value used for 2,455-share tax-liability transaction in Common Stock
Shares withheld for taxes (July 20, 2026)
595 shares
Common Stock delivered or withheld to pay tax liability at $2.2635 per share
Tax-withholding price (July 20, 2026)
$2.2635 per share
Value used for 595-share tax-liability transaction in Common Stock
Shares withheld for taxes (July 6, 2026)
547 shares
Common Stock delivered or withheld to pay tax liability at $3.0982 per share
Tax-withholding price (July 6, 2026)
$3.0982 per share
Value used for 547-share tax-liability transaction in Common Stock
Total shares for tax liability
3,597 shares
Aggregate shares delivered or withheld across reported tax-liability transactions
Key Terms
Restricted Stock Award Agreement, 2025 Equity Incentive Plan, Rule 16b-3, Section 16(b)
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) regulatory
"This transaction is exempt from Section 16(b) of the Securities"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity award was reported for EZRA’s vice president?
The filing reports a grant of 7,314 restricted shares of Common Stock on June 24, 2026 under Reliance Global Group’s 2025 Equity Incentive Plan, issued pursuant to a Restricted Stock Award Agreement between the company and Vice President Mordechai Menachem Beyman.
Was a Rule 10b5-1 trading plan involved in these EZRA insider transactions?
No. The Form 4 indicates that no Rule 10b5-1 trading plan was affirmed for these transactions. The footnote instead describes them as payments of tax liability incident to a previously reported stock grant issued in accordance with Rule 16b-3.
How was the vesting of the EZRA restricted stock award changed?
The 7,314-share restricted stock award was initially scheduled to vest in substantially equal installments on several dates in 2026. On July 27, 2026, the vesting schedule was modified to accelerate vesting so that all then-unvested shares vested in full on that date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
