BIERE PETER 4

What Happened
Peter Biere, Chief Financial Officer of IZEA Worldwide, converted vested restricted stock units (RSUs) into common shares on January 31, 2026 and received a new RSU award the same day. The filing shows conversion/settlement of RSU tranches totaling 18,567 shares (reported as exercise/conversion of derivative instruments at $0.00) and a tax withholding/settlement where 5,510 shares were surrendered at $3.52 per share for $19,395. In addition, Biere was granted 16,818 new RSUs under IZEA’s 2011 Equity Incentive Plan (no cash paid).

Key Details

• Transaction date: January 31, 2026; Form 4 filed February 2, 2026 (filed within the normal 2-business-day window).
• Conversion entries reported at $0.00 per share (typical for RSU settlement). Tax-withholding: 5,510 shares disposed at $3.52 = $19,395.
• New grant: 16,818 RSUs issued under the 2011 Equity Incentive Plan (footnote F10). Vesting per F10: 1/3 at one year then quarterly over two years.
• Other footnotes (F2–F9) describe vesting schedules for prior RSU grants that were settled. F1 clarifies each RSU converts to one share at settlement.
• Shares beneficially owned after the transactions are not specified in the provided summary of the filing.

Context

• These transactions are settlements of RSUs and a new RSU grant — not open-market cash purchases or sales by the officer. The 5,510-share disposition is a tax withholding/cashless settlement (code F) to cover tax obligations, which is routine.
• Transaction codes: M = exercise/conversion of derivative (RSU settlement), A = award/grant, F = payment of exercise price or tax liability.
• Such RSU settlements and withholdings are common compensation events and do not, by themselves, indicate a change in insider sentiment.