Joel Markovits - Sep 15, 2023 Form 4 Insider Report for Reliance Global Group, Inc. (RELI)

Role
Chief Financial Officer
Signature
/s/ Joel Markovits
Stock symbol
RELI
Transactions as of
Sep 15, 2023
Transactions value $
-$31,792
Form type
4
Date filed
1/5/2024, 11:24 AM
Previous filing
Sep 14, 2023
Next filing
Jul 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELI Common Stock Tax liability -$1.43K -574 -11.84% $2.49 4.28K Sep 15, 2023 Direct F1
transaction RELI Common Stock Tax liability -$248 -120 -2.81% $2.07 4.16K Oct 18, 2023 Direct F1
transaction RELI Common Stock Tax liability -$153 -93 -2.24% $1.65 4.06K Nov 3, 2023 Direct F1
transaction RELI Common Stock Tax liability -$84 -125 -3.08% $0.67 3.94K Dec 4, 2023 Direct F1
transaction RELI Common Stock Award $0 +125K +3174.2% $0.00 129K Dec 27, 2023 Direct F2
transaction RELI Common Stock Tax liability -$29.9K -62.2K -48.27% $0.48 66.7K Dec 27, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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").
F2 Represents the grant of shares of common stock 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.
F3 Represents the payment of tax liability by delivering securities incident to the receipt of the December 27, 2023 grant of 125,000 shares of common stock reported on this Form 4, which was issued in accordance with Rule 16b-3. This transaction is exempt from Section 16(b) of the Exchange Act.