Form 4: Lindsay Gardner Receives 4,032 Restricted Shares at $3.72
Rhea-AI Filing Summary
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.
Positive
- 4,032 restricted shares were granted as director fees
- The award was valued at $15,000 based on the closing price of $3.72
- The restricted shares vested immediately
- Beneficial ownership after the grant: 123,585 shares
Negative
- None.
Insights
TL;DR: Routine director compensation granted 4,032 restricted shares worth $15,000, immediately vested; modest in size relative to typical equity grants.
The filing documents a non-derivative grant of 4,032 restricted common shares to a director as quarterly fees, valued at $15,000 using the $3.72 closing price on 09/30/2025. The award vests immediately and increases the reporting person's beneficial ownership to 123,585 shares. This appears to be a standard director compensation action with limited direct impact on capital structure or cash flows.
TL;DR: Immediate-vesting restricted stock for director fees is disclosed; disclosure is complete and follows Section 16 reporting requirements.
The Form 4 clearly lists the transaction code, share amount, valuation and immediate vesting of the restricted stock grant. The signature by an attorney-in-fact is included. The disclosure meets the filing requirements by reporting the change in beneficial ownership and the nature of the award.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,032 | $0.00 | $0.00 |
Footnotes (1)
- F1. Restricted Stock received for Q3 2025 director fees valued at $15,000 based on the closing market price of $3.7200 on the grant date of September 30, 2025. The award vests immediately at the grant date.
FAQ
What transaction is reported on the IZEA (IZEA) Form 4?
How was the director award valued on the Form 4 for IZEA?
Who signed the Form 4 for the Lindsay A. Gardner transaction?
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