[Form 4] Reliance Global Group, Inc. Series A Warrants Insider Trading Activity

Rhea-AI Filing Summary

Form 144 filing for MongoDB, Inc. (MDB) reports a planned sale of 2,000 common shares via Morgan Stanley Smith Barney. The transaction, valued at $500,000 (≈ $250 per share), is expected to occur on 31 Jul 2025 on the NASDAQ.

The company lists 81,714,313 shares outstanding, so the proposed sale represents only ~0.003 % of shares outstanding. All shares were obtained as restricted-stock grants between 2019-2021.

The filer—whose recent activity shows a 265-share sale for $54,603.25 on 2 Jul 2025—certifies that no undisclosed adverse information about MongoDB exists. No operational or earnings data accompany this notice; it solely concerns this secondary sale.

Insights

Securities Analyst

TL;DR: Small insider sale (0.003 % of float) disclosed; low market impact.

The Form 144 reveals a forthcoming divestiture of 2,000 MongoDB shares worth roughly $0.5 million. Relative to the 81.7 million shares outstanding, the sale is immaterial and falls well within routine Rule 144 clearances. Previous 265-share disposal further supports a gradual liquidity strategy. No information suggests corporate distress; the standard Rule 144 certification affirms absence of undisclosed negative news. Overall, I view the filing as routine and not price-moving.

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^*

Fruchtzweig Ben

(Last) (First) (Middle)

18 EAST 41ST STREET

3RD FLOOR

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025

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	06/18/2025		S		26,000	D	$2.8462	37,746	D
Common Stock	07/18/2025		A		66,486(1)	A	$0	104,232	D
Common Stock	07/24/2025		F(2)		17,518	D	$1.4256	86,714	D

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 grant of 66,486 shares of common stock pursuant to the Reliance Global Group, Inc. 2025 Equity Incentive Plan, approved by the compensation committee, comprised solely of independent directors, of the issuer's board of directors and issued in accordance with Rule 16b-3 promulgated under the Exchange Act. The grant vests in full on July 23, 2025.

2. Represents the payment of tax liability by delivering securities incident to the receipt of the 7/18/2025 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").

	/s/ Ben Fruchtzweig	07/31/2025
	** Signature of Reporting Person	Date
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