IZEA Worldwide CEO receives 30,650 shares on vesting
The units vest in 16 equal quarterly installments, a schedule that began October 31, 2024.
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Rhea-AI Filing Summary
IZEA Worldwide, Inc. Chief Executive Officer Patrick James Venetucci reported settlement of 30,650 restricted stock units into 30,650 shares of common stock on October 31, 2026. He surrendered 12,800 shares to the issuer to satisfy tax withholding obligations upon vesting. The reported resulting position was 214,550 restricted stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 30,650 | $0.00 | $0.00 |
| Exercise | Common Stock | 30,650 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 12,800 | $2.25 | $29K |
Footnotes (3)
- F1. Reflects shares surrendered to the Issuer to satisfy tax withholding obligations upon vesting of the Restricted Stock Units
- F2. Each Restricted Stock Unit represents a contingent right to receive at settlement one share of Issuer common stock.
- F3. These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on September 9, 2024 and vest quarterly in 16 equal quarterly installments commencing October 31, 2024.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
2011 Equity Incentive Plan financial
tax withholding obligations financial
quarterly installments financial
FAQ
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What is the vesting schedule for IZEA CEO Patrick James Venetucci’s RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.