Ezra Beyman - 17 Jun 2024 Form 4 Insider Report for Reliance Global Group, Inc. (RELI)

Signature
/s/ Ezra Beyman
Issuer symbol
RELI
Transactions as of
17 Jun 2024
Net transactions value
-$23,492
Form type
4
Filing time
28 Jun 2024, 06:10:12 UTC
Previous filing
28 Jun 2024
Next filing
26 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELI Common Stock Award $0 +249,000 +82% $0.000000 552,886 17 Jun 2024 Direct F1
transaction RELI Common Stock Tax liability $31,994 -55,787 -10% $0.5735 497,099 17 Jun 2024 Direct F2
transaction RELI Common Stock Purchase $8,502 +30,000 +6% $0.2834 527,100 26 Jun 2024 Direct
holding RELI Common Stock 113 17 Jun 2024 By Reliance Global Holdings, LLC F3
holding RELI Common Stock 263,021 17 Jun 2024 By YES Americana Group, LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 Securities Exchange Act of 1934, as amended (the "Exchange Act").
F2 Represents the payment of tax liability by delivering securities incident to the receipt of the June 17, 2024 grant of 249,000 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.
F3 Reliance Global Holdings, LLC is an entity controlled by Ezra Beyman and his spouse.
F4 YES Americana Group, LLC is an entity controlled by Mr. Beyman's spouse.