Izea Worldwide Inc SEC Filings

IZEA Worldwide reported Q3 results that show tighter operations and a return to profitability year to date. Revenue for the quarter was $8,072,380, down from last year, but operating costs fell sharply, lifting Q3 net income to $147,745 and year‑to‑date net income to $1,210,013. Basic and diluted EPS were $0.01 for the quarter and $0.07 for the nine months.

Cash and cash equivalents rose to $51,390,884 as of September 30, 2025, reflecting $2,435,965 provided by operating activities year to date. The balance sheet shows minimal liabilities and no goodwill or digital assets. Sales and marketing and general and administrative expenses declined significantly versus last year, and contract liabilities were $4,129,798, compared with $8,188,651 at year‑end. Under its repurchase programs, the company has bought 561,950 shares at an average $2.55, with about $8.7M remaining authorized; 17,125,752 shares were outstanding as of November 7, 2025.

IZEA Worldwide furnished an 8-K announcing it issued a press release with financial results for the third quarter ended September 30, 2025. The press release is attached as Exhibit 99.1 and incorporated by reference into Item 2.02. The information is furnished, not filed, and is not subject to Section 18 of the Exchange Act, nor incorporated into other filings unless specifically referenced.

IZEA Worldwide (IZEA) CEO Patrick J. Venetucci reported routine equity compensation activity. On 10/31/2025, 30,650 shares were issued upon RSU vesting, and 10,419 shares were surrendered at $5.15 to cover withholding taxes. Following these transactions, he beneficially owned 206,431 shares directly. The RSUs were granted on September 9, 2024 and vest in 16 equal quarterly installments starting October 31, 2024.

IZEA Worldwide (IZEA) reported insider activity by its CFO. On 10/31/2025, the officer settled multiple restricted stock units into common stock at $0 per share, including 6,948, 2,455, and 2,284 shares. The filing also shows a disposition of 4,713 shares at $5.15 coded “F.” Following these transactions, beneficial ownership of common stock was 74,785 shares (direct).

Separately, the officer received a new award of 11,495 RSUs on 10/31/2025, which vest 1/3 after one year and then quarterly over two years, as disclosed in the footnotes.

IZEA Worldwide, Inc. filed its definitive proxy for the 2025 annual meeting, set for December 10, 2025 at 4:30 p.m. in Chicago. Stockholders will vote on three items: elect seven directors, ratify Grant Thornton LLP as auditor for 2025, and approve, on an advisory basis, executive compensation.

As of the October 15, 2025 record date, 17,050,205 shares of common stock were outstanding and entitled to vote. Under a September 2024 Cooperation Agreement, the GP Parties—holding 17.6%—agreed to vote with the Board on all proposals. Director nominees are Antonio Bonchristiano, Rodrigo Boscolo, Brian W. Brady, John H. Caron, Lindsay A. Gardner, Daniel R. Rua, and CEO Patrick J. Venetucci.

Audit fees billed by Grant Thornton were $805,415 for 2024 versus $598,765 in 2023. Executive pay disclosures include CEO Patrick Venetucci’s employment through 2027 with 980,800 RSUs split between time-based and share price performance awards measured by Q4 VWAP targets. Former executives Edward H. Murphy and Ryan S. Schram received cash severance, COBRA contributions, and accelerated equity vesting per their 2024 separation agreements.

Daniel Rua, a director of IZEA Worldwide, Inc. (IZEA), received 4,032 shares of restricted common stock as payment for Q3 2025 director fees. The award was granted and vested on September 30, 2025, and was recorded at a grant-date value of $15,000 based on a closing price of $3.72 per share. Following the transaction, Mr. Rua beneficially owns 89,291 shares. The transaction was reported on Form 4 and signed via attorney-in-fact on October 1, 2025.

Director Lindsay A. Gardner received 4,032 restricted shares of IZEA Worldwide, Inc. as director compensation on 09/30/2025. The award was valued at $15,000 based on the closing price of $3.72 on the grant date and the shares vested immediately. Following the transaction Gardner beneficially owned 123,585 shares. The Form 4 was signed by an attorney-in-fact on 10/01/2025.

Brian W. Brady, a director of IZEA Worldwide, Inc. (IZEA), received 4,032 restricted shares on 09/30/2025 as compensation for Q3 2025 director fees. The award was valued at $15,000 based on the closing price of $3.7200 on the grant date and vested at grant, giving him immediate ownership. After the transaction Brady beneficially owned 453,020 shares. The Form 4 filing was executed by an attorney-in-fact and signed on 10/01/2025.