Reliance Global Group Inc SEC Filings

Ezra Beyman, Chairman and CEO of Reliance Global Group, Inc., reported multiple stock transactions and a large equity grant on Form 4. The filing shows a 717,775-share award granted under the companys 2025 Equity Incentive Plan, approved by an independent compensation committee, vesting in eight equal bimonthly installments from October 15, 2025 through January 31, 2026. The report also discloses several dispositions: delivery of 18,863.25, 22,636.75, and 21,345 shares to satisfy tax or sale obligations at prices of $1.4198, $1.0525, and $0.9472, respectively. Following the grant, beneficial ownership rises to 1,002,104.747 shares, held directly and indirectly through entities controlled by Beyman and his spouse.

Yaakov Beyman, Executive Vice President of the Insurance Division and a director of Reliance Global Group, Inc. (ticker reported as RELI / RELIW context), reported two stock disposals in August 2025 related to payment of tax liabilities from a previously issued stock grant. On 08/01/2025 he delivered 7,291.65 shares at $1.0525 each, leaving 243,672.35 shares beneficially owned after that transaction. On 08/20/2025 he delivered 6,878 shares at $0.9472 each, leaving 236,794.35 shares beneficially owned after that transaction. The Form 4 states these deliveries were made to satisfy tax withholding obligations arising from a previously reported grant and were exempt from Section 16(b).

Joel Markovits, Chief Financial Officer of Reliance Global Group, Inc., reported two dispositions of common stock to satisfy tax withholding for a previously reported stock grant. On 08/01/2025 he delivered 16,667 shares at a reported price of $1.0525, leaving 343,522.593 shares beneficially owned. On 08/20/2025 he delivered 15,816 shares at $0.9472, leaving 327,706.593 shares beneficially owned. The form states these deliveries were made to pay tax liability and are exempt from Section 16(b) under Rule 16b-3. The Form 4 is signed by Mr. Markovits on 09/02/2025.

Reliance Global Group, Inc. files an S-1 registration describing an offering and related risks. The prospectus highlights the company’s need to raise additional capital, potential volatility in its Nasdaq-listed securities, and operational risks including acquisition integration, customer and carrier concentration, regulatory and cybersecurity exposures. The filing discloses a 4.99% beneficial ownership limitation and a 19.99% exchange cap applicable to White Lion Capital under the White Lion Purchase Agreement, based on 4,605,474 shares outstanding as of August 26, 2025. The document incorporates by reference multiple prior filings and lists offering-related expenses totaling $51,546.31. The prospectus also includes a detailed history of recent issuances, warrant exercises, conversions and acquisitions affecting share count.

Reliance Global Group, Inc. agreed to issue Common Stock to White Lion as consideration for a commitment under a Common Stock Purchase Agreement. The company will issue $100,000 in Commitment Shares, split into two tranches of $50,000 each, with the number of shares in each tranche determined by dividing $50,000 by the Nasdaq Official Closing Price on the applicable valuation dates. The Commitment Shares are fully earned as of August 26, 2025 and will be included for resale in the company’s registration statement. The agreement includes an Exchange Cap and a Beneficial Ownership Limitation that prevents White Lion from beneficially owning more than 4.99% of outstanding Common Stock (which White Lion may increase to 9.99% after 61 days’ prior written notice). If the limitation would be exceeded, the number of shares issuable to White Lion will be reduced and treated as void ab initio so the limitation is not exceeded.