Ezra Beyman - 21 Jan 2025 Form 4 Insider Report for Reliance Global Group, Inc. (RELI)

Role
Chairman and CEO, Director
Signature
/s/ Ezra Beyman
Issuer symbol
RELI
Transactions as of
21 Jan 2025
Net transactions value
-$84,110
Form type
4
Filing time
11 Feb 2025, 21:35:13 UTC
Previous filing
26 Aug 2024
Next filing
02 Sep 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELI Common Stock Award $0 +250,000 +806% $0.000000 281,006 21 Jan 2025 Direct F1
transaction RELI Common Stock Tax liability $43,667 -22,318 -7.9% $1.96 258,688 04 Feb 2025 Direct F2
transaction RELI Common Stock Award $0 +66,000 +26% $0.000000 324,688 05 Feb 2025 Direct F3
transaction RELI Common Stock Tax liability $40,443 -21,495 -6.6% $1.88 303,193 07 Feb 2025 Direct F2
holding RELI Common Stock 12,472 21 Jan 2025 By YES Americana Group, LLC F4
holding RELI Common Stock 7 21 Jan 2025 By Reliance Global Holdings, LLC F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of 250,000 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"). The grant vests with respect to 50,000 shares on each of January 27, 2025, February 3, 2025, July 15, 2025, July 30, 2025 and August 15, 2025.
F2 Represents the payment of tax liability by delivering securities incident to the receipt of the January 21, 2025 stock grant which was issued in accordance with Rule 16b-3 promulgated pursuant to the Exchange Act. This transaction is exempt from Section 16(b) of the Exchange Act.
F3 Represents the grant of 66,000 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. The grant vests with respect to 22,000 shares on each of August 30, 2025, September 15, 2025, and September 30, 2025.
F4 12,472 shares of common stock are held by YES Americana Group, LLC. YES Americana Group, LLC is an entity controlled by Ezra Beyman's spouse.
F5 Seven shares of common stock are held by Reliance Global Holdings, LLC, an entity controlled by Ezra Beyman and his spouse.