Reliance Global (NASDAQ: EZRA) CEO shares withheld to cover tax liability

Rhea-AI Filing Summary

Reliance Global Group, Inc. Chairman and CEO Ezra Beyman reported routine tax-withholding transactions related to previously granted stock awards. On September 15, 2025, 289,780 shares of common stock were delivered at $0.8747 per share to satisfy tax obligations. On September 3, 2025, an additional 9,043 shares were delivered at $0.8838 per share for the same purpose. After these dispositions, Beyman held 659,299.97 shares directly, plus indirect holdings of 472 shares through YES Americana Group, LLC and 7 shares through Reliance Global Holdings, LLC, entities controlled by him and/or his spouse. The footnote states these transactions represent payment of tax liability incident to a previously reported stock grant and are exempt under Rule 16b-3 of the Exchange Act.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Beyman Ezra

(Last) (First) (Middle)

C/O RELIANCE GLOBAL GROUP, INC.

300 BLVD. OF THE AMERICAS, SUITE 105

(Street)

LAKEWOOD NJ 08701

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Reliance Global Group, Inc. [ EZRA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman and CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/03/2025		F(1)		9,043	D	$0.8838	949,079.997	D
Common Stock	09/15/2025		F(1)		289,780	D	$0.8747	659,299.97	D
Common Stock								472	I	By YES Americana Group, LLC(2)
Common Stock								7	I	By Reliance Global Holdings, LLC(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the payment of tax liability by delivering securities incident to the receipt of a previously reported stock grant, which was issued in accordance with Rule 16b-3. This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

2. Held by YES Americana Group, LLC. YES Americana Group, LLC is an entity controlled by Ezra Beyman's spouse.

3. Held by Reliance Global Holdings, LLC, an entity controlled by Ezra Beyman and his spouse.

	/s/ Ezra Beyman	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did EZRA Chairman and CEO Ezra Beyman report?

Ezra Beyman reported two tax-withholding dispositions of Reliance Global Group common stock, delivering 289,780 shares on September 15, 2025 and 9,043 shares on September 3, 2025 to cover tax liabilities tied to a previously reported stock grant.

Were Ezra Beyman’s EZRA share transactions open-market sales?

No, the Form 4 describes the transactions as payment of tax liability by delivering securities, coded as F. This indicates shares were withheld to satisfy taxes on a prior stock grant, not sold in open-market trades for discretionary portfolio reasons.

How many Reliance Global (EZRA) shares does Ezra Beyman hold after these transactions?

Following the reported tax-withholding dispositions, Ezra Beyman directly holds 659,299.97 shares of Reliance Global Group common stock. He also has indirect holdings of 472 shares via YES Americana Group, LLC and 7 shares via Reliance Global Holdings, LLC, both controlled entities.

What is the significance of the F transaction code in Ezra Beyman’s EZRA filing?

The F code signals payment of exercise price or tax liability by delivering securities. In this case, it means shares were used to satisfy tax obligations from a previously reported stock grant, rather than reflecting a traditional open-market purchase or sale of Reliance Global shares.

At what prices were EZRA shares delivered for tax withholding by Ezra Beyman?

Shares were delivered at $0.8747 per share on September 15, 2025 and $0.8838 per share on September 3, 2025. These values apply to the common stock used to cover tax liabilities associated with Beyman’s earlier equity compensation grant.

How are the indirect EZRA share holdings of Ezra Beyman structured?

Indirect EZRA holdings include 472 shares held by YES Americana Group, LLC, an entity controlled by Beyman’s spouse, and 7 shares held by Reliance Global Holdings, LLC, controlled by Beyman and his spouse. These are reported as indirect ownership positions on the Form 4.