Reliance Global CEO shares withheld for taxes
Rhea-AI Filing Summary
Reliance Global Group, Inc. Chairman and CEO Ezra Beyman reported routine tax-withholding transactions related to previously granted stock awards. On September 15, 2025, 289,780 shares of common stock were delivered at $0.8747 per share to satisfy tax obligations. On September 3, 2025, an additional 9,043 shares were delivered at $0.8838 per share for the same purpose. After these dispositions, Beyman held 659,299.97 shares directly, plus indirect holdings of 472 shares through YES Americana Group, LLC and 7 shares through Reliance Global Holdings, LLC, entities controlled by him and/or his spouse. The footnote states these transactions represent payment of tax liability incident to a previously reported stock grant and are exempt under Rule 16b-3 of the Exchange Act.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 289,780 | $0.8747 | $253K |
| Exercise Price or Tax Liability | Common Stock | 9,043 | $0.8838 | $8K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- 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").
- F2. Held by YES Americana Group, LLC. YES Americana Group, LLC is an entity controlled by Ezra Beyman's spouse.
- F3. Held by Reliance Global Holdings, LLC, an entity controlled by Ezra Beyman and his spouse.
FAQ
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