IZEA Worldwide (NASDAQ: IZEA) CEO exercises RSUs, surrenders 10,256 shares
Rhea-AI Filing Summary
IZEA Worldwide, Inc. reports that Chief Executive Officer Patrick James Venetucci exercised 30,650 Restricted Stock Units into common stock on January 31, 2026 at $0 per share, and surrendered 10,256 shares at $3.52 per share to the issuer to satisfy tax withholding associated with this vesting. These RSUs were granted on September 9, 2024 under the 2011 Equity Incentive Plan and vest in 16 equal quarterly installments beginning October 31, 2024. After the transactions, he holds 325,610 shares of IZEA common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,394 shares
Net Buy
3 txns
Insider
Venetucci Patrick James
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 30,650 | $0.00 | $0.00 |
| Exercise | Common Stock | 30,650 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 10,256 | $3.52 | $36K |
Holdings After Transaction:
Restricted Stock Units — 337,150 shares (Direct);
Common Stock — 325,610 shares (Direct)
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
RSUs exercised: 30,650 units
Shares surrendered for taxes: 10,256 shares
Tax withholding price: $3.52 per share
+3 more
6 metrics
RSUs exercised
30,650 units
Restricted Stock Units converted to common stock on January 31, 2026
Shares surrendered for taxes
10,256 shares
Common stock delivered to issuer to satisfy tax withholding at $3.52 per share
Tax withholding price
$3.52 per share
Price applied to 10,256 surrendered shares of common stock
Post-transaction holdings
325,610 shares
Direct IZEA common stock holdings of CEO after reported transactions
RSU grant date
September 9, 2024
Grant date of Restricted Stock Units under the 2011 Equity Incentive Plan
RSU vesting schedule
16 quarterly installments
Equal quarterly vesting beginning October 31, 2024
Key Terms
Restricted Stock Units, tax withholding obligations, Equity Incentive Plan, contingent right
4 terms
Restricted Stock Units financial
"CEO Patrick James Venetucci exercised 30,650 Restricted Stock Units into 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.
tax withholding obligations financial
"Reflects shares surrendered to the Issuer to satisfy tax withholding obligations"
Equity Incentive Plan financial
"issued under the Issuer's 2011 Equity Incentive Plan on September 9, 2024"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive at settlement one share"
FAQ
What transactions did IZEA (IZEA) CEO Patrick Venetucci report in this Form 4?
CEO Patrick Venetucci reported exercising 30,650 Restricted Stock Units into common stock and surrendering 10,256 shares at $3.52 per share to cover tax obligations, leaving him with 325,610 IZEA common shares held directly.
How many restricted stock units vested for IZEA (IZEA) CEO Patrick Venetucci?
On January 31, 2026, 30,650 Restricted Stock Units vested and were converted into IZEA common stock. Each RSU represents a contingent right to receive one share, issued under IZEA’s 2011 Equity Incentive Plan and scheduled to vest in 16 quarterly installments.
What is IZEA (IZEA) CEO Patrick Venetucci’s common stock holding after this filing?
Following the reported RSU vesting and tax-related share surrender, Patrick Venetucci holds 325,610 shares of IZEA Worldwide common stock directly, as reflected in the post-transaction holdings reported in the Form 4 data.
Under what plan were the IZEA (IZEA) Restricted Stock Units granted to the CEO?
The reported Restricted Stock Units were issued under IZEA’s 2011 Equity Incentive Plan on September 9, 2024. They vest quarterly in 16 equal installments, commencing October 31, 2024, providing ongoing equity-based compensation to the CEO over four years.
AI-generated analysis. How Rhea-AI works. Not financial advice.
