IZEA Insider Filing: John Caron Receives Restricted Stock, Ownership Detailed
Rhea-AI Filing Summary
Form 4 for IZEA Worldwide, Inc. reports insider activity by director John H. Caron. On 09/30/2025 Mr. Caron was issued 4,032 restricted shares as payment for Q3 2025 director fees; the award was valued at $15,000 using the closing price of $3.72 on the grant date and vested on the grant date. After the grant Mr. Caron is shown as beneficially owning 102,141 shares directly. The filing also discloses an additional 5,000 shares held indirectly by the John H. Caron 1999 Family Trust, over which he has voting and investment power as trustee.
Positive
- Director received equity compensation aligning interests with shareholders via 4,032 restricted shares that vested on grant date
- Clear disclosure of indirect ownership through the John H. Caron 1999 Family Trust, with trustee voting and investment power
Negative
- None.
Insights
TL;DR: Routine director compensation in equity; immediate vesting increases director alignment with shareholders.
The filing documents a standard director compensation event: a restricted stock grant of 4,032 shares worth $15,000 that vested immediately. Immediate vesting means the director obtains full ownership on grant, increasing his economic exposure to the company's stock price. The disclosure that Mr. Caron holds additional shares indirectly through a family trust clarifies beneficial ownership and voting control. This is a customary governance disclosure and does not indicate any unusual governance risk or change in control.
TL;DR: Small, routine equity grant to a director; immaterial to company capitalization but increases reported insider holdings.
The 4,032-share restricted award valued at $15,000 is modest relative to typical market caps and represents compensation for board service for Q3 2025. Reporting shows total direct beneficial ownership of 102,141 shares plus 5,000 indirectly via a family trust. From a securities perspective this is a routine Section 16 disclosure; there are no derivative transactions or dispositions reported. The immediate vesting is notable only for its effect on the director's fully vested share count.