IZEA Worldwide, Inc.·4

Mar 2, 4:31 PM ET

BIERE PETER 4

Research Summary

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IZEA (IZEA) CFO Peter Biere Converts RSUs; Shares Withheld for Taxes

What Happened
Peter Biere, Chief Financial Officer of IZEA Worldwide, converted Restricted Stock Units (RSUs) into 280 shares on February 28, 2026 (80 shares and 200 shares reported separately) at a $0.00 acquisition price (these were award settlements, not purchases). To satisfy tax withholding, 84 of those shares were withheld/disposed at $3.62 each for a total withholding of $304, leaving a net increase of 196 shares to Biere’s holdings.

Key Details

  • Transaction date: February 28, 2026. Form filed March 2, 2026 (filed within the standard two-business-day window).
  • Conversions/settlements: 80 shares @ $0.00 and 200 shares @ $0.00 (total acquired = 280 shares).
  • Tax withholding: 84 shares disposed @ $3.62 = $304 (code F = tax withholding).
  • Net new shares retained: 280 - 84 = 196 shares.
  • Footnotes: F1 notes each RSU converts to one share at settlement. F2/F3 indicate the RSUs were issued under the 2011 Equity Incentive Plan (awards dated April 1, 2022 and April 1, 2023) with standard vesting schedules described in the filing.
  • Shares owned after the transaction: not specified in the provided excerpt.

Context
These entries reflect award settlements (RSU conversions) rather than open-market purchases or sales; withholding shares to cover taxes is a common administrative step and does not necessarily signal a buy/sell decision. The $0.00 acquisition price simply reflects conversion of previously granted RSUs to common stock.