IZEA (NASDAQ: IZEA) CFO exercises RSUs and updates equity stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IZEA Worldwide, Inc.’s Chief Financial Officer Peter Biere reported routine equity compensation activity. On June 30, 2026, he exercised Restricted Stock Units that convert one-for-one into common shares under the company’s 2011 Equity Incentive Plan.
Biere acquired a total of 2,442 shares of common stock through RSU conversions and had 614 shares withheld at $3.70 per share to cover tax obligations. Following these transactions, he directly held 108,215 shares of common stock, reflecting compensation-related equity rather than open‑market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,442 shares exercised/converted
Mixed
5 txns
Insider
BIERE PETER
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 200 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,242 | $0.00 | -- |
| Exercise | Common Stock | 200 | $0.00 | -- |
| Exercise | Common Stock | 2,242 | $0.00 | -- |
| Tax Withholding | Common Stock | 614 | $3.70 | $2K |
Holdings After Transaction:
Restricted Stock Units — 2,000 shares (Direct, null);
Common Stock — 106,587 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive at settlement one share of Issuer common stock. These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 1, 2023 pursuant to the reporting person's employment agreement and vest 25% in one year and 75% in equal monthly installments over 36 months. These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on September 1, 2023, and 1/3rd vesting after one year and then equal quarterly installments over two years.
Key Figures
RSU exercises: 2,442 shares
Tax-withholding shares: 614 shares
Holding after transactions: 108,215 shares
+3 more
6 metrics
RSU exercises
2,442 shares
Common stock acquired via RSU exercises on June 30, 2026
Tax-withholding shares
614 shares
Common stock withheld at $3.70 per share for taxes
Holding after transactions
108,215 shares
Common stock directly owned by CFO after June 30, 2026
Tax-withholding price
$3.70 per share
Value used for tax-withholding disposition of 614 shares
First RSU grant exercised
2,242 units
Restricted Stock Units converting into common stock
Second RSU grant exercised
200 units
Restricted Stock Units converting into common stock
Key Terms
Restricted Stock Units, 2011 Equity Incentive Plan, tax-withholding disposition, derivative security, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive at settlement one share of Issuer common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2011 Equity Incentive Plan financial
"These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 1, 2023 pursuant to the reporting person's employment agreement"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"represents a contingent right to receive at settlement one share of Issuer common stock"
FAQ
What did IZEA (IZEA) CFO Peter Biere report in this Form 4?
IZEA’s CFO Peter Biere reported equity compensation activity, not an open‑market trade. He exercised Restricted Stock Units into common stock and had some shares withheld to pay taxes, updating his direct ownership position in IZEA common shares.
What are Restricted Stock Units in the IZEA (IZEA) filing?
Restricted Stock Units in this filing represent a contingent right to receive one IZEA common share at settlement. They were granted under IZEA’s 2011 Equity Incentive Plan pursuant to Biere’s employment agreement, with vesting schedules spread over multiple years.
Were IZEA (IZEA) CFO transactions open‑market buys or sells?
The Form 4 shows no open‑market purchases or sales by the CFO. Transactions reflect RSU exercises and a tax‑withholding disposition, where shares are delivered to cover tax liabilities rather than being voluntarily sold on the open market.
Under which plan were the IZEA (IZEA) RSUs granted to the CFO?
The Restricted Stock Units were granted under IZEA’s 2011 Equity Incentive Plan. Footnotes state they were issued in 2023 pursuant to the CFO’s employment agreement, with vesting spread annually, monthly, and quarterly across several years.