IZEA CFO exercises RSUs, shares withheld for tax
IZEA Worldwide, Inc. Chief Financial Officer Peter Biere reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
IZEA Worldwide, Inc. Chief Financial Officer Peter Biere reported routine equity compensation activity. On 2026-05-31, he exercised 200 Restricted Stock Units, receiving an equal number of common shares at a $0.00 exercise price. The company withheld 49 common shares at $3.69 per share to cover tax obligations, a non-market disposition. After these transactions, he directly holds 106,387 shares of common stock and 2,200 Restricted Stock Units. The RSUs were granted under IZEA’s 2011 Equity Incentive Plan and vest over a multi‑year schedule pursuant to his employment agreement.
Insider Trade Summary
200 shares exercised/converted
Exercise
3 txns
Insider
BIERE PETER
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 200 | $0.00 | $0.00 |
| Exercise | Common Stock | 200 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 49 | $3.69 | $180.81 |
Holdings After Transaction:
Restricted Stock Units — 2,200 contracts (Direct);
Common Stock — 106,387 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit represents a contingent right to receive at settlement one share of Issuer common stock.
- F2. These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 1, 2023 pursuant to the reporting person's employment agreement and vest 25% in one year and 75% in equal monthly installments over 36 months.
Key Figures
RSUs exercised: 200 units
Shares withheld for taxes: 49 shares at $3.69/share
Common shares held after: 106,436 shares
+2 more
5 metrics
RSUs exercised
200 units
Restricted Stock Units converted to common stock on May 31, 2026
Shares withheld for taxes
49 shares at $3.69/share
Common stock withheld to satisfy tax obligations
Common shares held after
106,436 shares
Direct IZEA common stock holdings after transactions
RSUs held after
2,200 units
Restricted Stock Units remaining after the reported exercise
Exercise price
$0.00 per share
Exercise price for the 200 RSUs converted to common stock
Key Terms
Restricted Stock Units, tax-withholding disposition, 2011 Equity Incentive Plan, derivative security
4 terms
Restricted Stock Units financial
"The filing reports transactions involving 200 Restricted Stock Units."
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 disposition financial
"One transaction is coded as a tax-withholding disposition of 49 common shares."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
2011 Equity Incentive Plan financial
"These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan."
derivative security financial
"The RSU exercise is described as an exercise or conversion of a derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did IZEA (IZEA) report for CFO Peter Biere?
IZEA’s CFO Peter Biere exercised 200 Restricted Stock Units into common stock and had 49 common shares withheld to cover taxes. These routine equity compensation events were reported as of May 31, 2026, and did not involve an open-market purchase or sale.
Was the IZEA (IZEA) CFO’s Form 4 a market sale or a tax withholding?
The Form 4 shows a tax-withholding disposition, not a market sale. IZEA withheld 49 common shares at $3.69 per share to satisfy tax obligations tied to RSU vesting, which is a standard mechanism rather than an open-market transaction by the executive.
What equity award did the IZEA (IZEA) CFO exercise in this filing?
The CFO exercised 200 Restricted Stock Units that convert into an equal number of IZEA common shares at a $0.00 exercise price. These RSUs were granted under IZEA’s 2011 Equity Incentive Plan and form part of his employment-based equity compensation package.
What plan governs the IZEA (IZEA) CFO’s Restricted Stock Units?
The Restricted Stock Units were issued under IZEA’s 2011 Equity Incentive Plan pursuant to the CFO’s employment agreement. According to the disclosure, they vest 25% after one year and 75% in equal monthly installments over 36 months, creating a multi-year vesting schedule.
Did the IZEA (IZEA) Form 4 indicate any remaining derivative positions for the CFO?
The filing reports 2,200 Restricted Stock Units held after the transactions, indicating an ongoing derivative-based equity position. The derivative summary does not list additional instruments, so the visible remaining derivative exposure in this filing consists of those RSUs only.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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