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Reliance Global Group (NASDAQ: EZRA) awards CFO Joel Markovits a $50,000 one-time cash bonus

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Reliance Global Group, Inc. reported that its Board Compensation Committee approved a one-time cash bonus for Chief Financial Officer Joel Markovits. On March 2, 2026, the Committee granted Mr. Markovits a $50,000 gross cash award, which will be paid subject to standard tax withholding and authorized deductions.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): March 2, 2026

 

RELIANCE GLOBAL GROUP, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

Florida   001-40020   46-3390293
(State or Other Jurisdiction
of Incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 

300 Blvd. of the Americas, Suite 105
Lakewood, New Jersey
  08701
(Address of Principal Executive Offices)   (Zip Code)

 

(732) 380-4600

(Registrant’s Telephone Number, Including Area Code)

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.086 per share   EZRA   The NASDAQ Capital Market
Series A Warrants to purchase shares of Common Stock, par value $0.086 per share   EZRAW   The NASDAQ Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On March 2, 2026, the Compensation Committee (the “Committee”) of the Board of Directors of Reliance Global Group, Inc. (the “Company”) approved and ratified a one-time bonus arrangement for Joel Markovits, the Company’s Chief Financial Officer.

 

Pursuant to the Committee’s approval and ratification, Mr. Markovits was awarded a one-time cash bonus in the gross amount of $50,000, subject to applicable tax withholding and authorized deductions.

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

  Reliance Global Group, Inc.
   
Dated: March 2, 2026 By: /s/ Ezra Beyman
    Ezra Beyman
    Chief Executive Officer

 

 

 

FAQ

What executive compensation change did Reliance Global Group (EZRA) disclose?

Reliance Global Group disclosed a one-time cash bonus for its Chief Financial Officer, Joel Markovits. The Compensation Committee approved this single payment to recognize his role, without indicating any broader change to the company’s ongoing executive compensation structure or incentive programs.

How much is the bonus awarded to Reliance Global Group’s CFO?

The Chief Financial Officer, Joel Markovits, was awarded a gross cash bonus of $50,000. The payment is described as a one-time award and will be subject to normal tax withholding and any authorized deductions required under applicable laws and company policies.

Who approved the one-time bonus for EZRA’s Chief Financial Officer?

The bonus for Reliance Global Group’s Chief Financial Officer was approved and ratified by the Board’s Compensation Committee. This committee oversees executive pay and confirmed the one-time $50,000 award for Joel Markovits on March 2, 2026, according to the disclosure details provided.

Is the $50,000 CFO bonus at Reliance Global Group recurring or one-time?

The bonus is explicitly described as a one-time cash award. This means it is not part of a recurring or ongoing bonus program for the Chief Financial Officer but instead a single payment authorized by the Compensation Committee on March 2, 2026.

Which Reliance Global Group officer received the newly disclosed bonus?

The officer receiving the bonus is Joel Markovits, Reliance Global Group’s Chief Financial Officer. The filing states that the Compensation Committee approved and ratified a one-time gross cash bonus of $50,000 for him, subject to usual tax withholding and deductions.

When did Reliance Global Group’s Compensation Committee approve the CFO bonus?

The Compensation Committee approved and ratified the one-time bonus for the Chief Financial Officer on March 2, 2026. That same date appears in the company’s disclosure, tying the decision and formal reporting to a clearly identified point in time for investors.

Filing Exhibits & Attachments

4 documents
Reliance Global Group Inc

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