IZEA (NASDAQ: IZEA) director receives $15,000 restricted stock grant for Q1 fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GARDNER LINDSAY A reported acquisition or exercise transactions in this Form 4 filing.
IZEA Worldwide, Inc. director Lindsay A. Gardner received a grant of 4,274 shares of restricted common stock as Q1 2026 director fees. The award was valued at $15,000, based on a closing market price of $3.5100 per share on the grant date of March 31, 2026, and vested immediately. Following this compensation grant, Gardner directly holds 131,284 shares of IZEA common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
1 transaction reported
Mixed
1 txn
Insider
GARDNER LINDSAY A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,274 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 131,284 shares (Direct)
Footnotes (1)
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Key Figures
Restricted shares granted: 4,274 shares
Award value: $15,000
Reference share price: $3.5100 per share
+3 more
6 metrics
Restricted shares granted
4,274 shares
Q1 2026 director fees stock award
Award value
$15,000
Value of restricted stock grant for Q1 2026 director fees
Reference share price
$3.5100 per share
Closing market price on March 31, 2026 used for valuation
Shares after transaction
131,284 shares
Total IZEA common shares directly held by Gardner after grant
Transaction price per share
$0.0000
Indicates compensation grant, not a cash purchase
Grant date
March 31, 2026
Date restricted stock award was granted and vested
Key Terms
Restricted Stock, director fees, grant date, vests immediately
4 terms
Restricted Stock financial
"Restricted Stock received for Q1 2026 director fees valued at $15,000"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
director fees financial
"Restricted Stock received for Q1 2026 director fees valued at $15,000"
grant date financial
"based on the closing market price of $3.5100 on the grant date of March 31, 2026"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
vests immediately financial
"Award vests immediately at the grant date."
FAQ
What did IZEA (IZEA) director Lindsay A. Gardner report in this Form 4?
Lindsay A. Gardner reported receiving 4,274 shares of restricted common stock as Q1 2026 director fees. The award was valued at $15,000, based on a $3.5100 per share closing price on March 31, 2026, and vested immediately at grant.
Was the IZEA (IZEA) Form 4 transaction an open-market purchase or a stock grant?
The Form 4 shows a stock grant, not an open-market purchase. Gardner received 4,274 restricted shares as a compensation award for Q1 2026 director fees, valued at $15,000, with no cash paid per share and immediate vesting at the grant date.
What was the valuation basis for the IZEA (IZEA) restricted stock grant to Lindsay A. Gardner?
The restricted stock grant was valued at $15,000, using a closing market price of $3.5100 per share on March 31, 2026. That price multiplied by 4,274 shares determined the value of Gardner’s Q1 2026 director fee award in stock.
Does the IZEA (IZEA) Form 4 indicate any vesting schedule for the director stock award?
Yes. The footnote states the restricted stock award vests immediately at the grant date. This means the 4,274 shares issued to Lindsay A. Gardner for Q1 2026 director fees became fully vested on March 31, 2026, without any further service requirement.