BIERE PETER 4
4 · IZEA Worldwide, Inc. · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
IZEA (IZEA) CFO Peter Biere Converts RSUs; 8,734 Shares Withheld
What Happened
Peter Biere, Chief Financial Officer of IZEA Worldwide, converted a total of 22,181 restricted stock units (reported as derivative exercises) into common shares on April 30, 2026. Of those, 8,734 shares were withheld to cover tax obligations at $4.10 per share (payment code F), totaling $35,809. After withholding, Biere received a net 13,447 common shares. On the same date he was also granted 14,439 new RSUs (reported as an award/derivative) under the company’s equity plan per his employment agreement.
Key Details
- Transaction date: April 30, 2026; Form 4 filed May 1, 2026 (timely filing).
- Conversion (code M): 22,181 RSUs converted to common stock at $0.00 exercise price.
- Tax withholding (code F): 8,734 shares withheld at $4.10/share = $35,809.
- Net shares delivered to insider: 13,447 common shares (22,181 converted − 8,734 withheld).
- Grant (code A): 14,439 new RSUs awarded on April 30, 2026 (derivative; not yet vested).
- Footnotes: F1 notes each RSU converts to one share at settlement; F11 indicates the new April 30, 2026 RSUs were issued under the 2011 Equity Incentive Plan per the reporting person’s employment agreement and vest 1/3 at one year then quarterly over two years. Other footnotes (F2–F10) describe vesting schedules for prior RSU grants that were converted.
- Shares owned after transaction: not disclosed in the provided report.
Context
- These filings show conversions of RSUs (derivative instruments) into common shares, not open-market purchases or discretionary sales. The withholding of 8,734 shares to satisfy tax liabilities is a common administrative step (cashless-type settlement) and does not necessarily signal a decision to sell additional shares in the market.
- Codes: M = exercise/conversion of derivative, F = payment of exercise price or tax liability (share withholding), A = award/grant.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-04-30+79→ 92,868 total - Exercise/Conversion
Common Stock
2026-04-30+200→ 93,068 total - Exercise/Conversion
Common Stock
2026-04-30+2,284→ 95,352 total - Exercise/Conversion
Common Stock
2026-04-30+2,455→ 97,807 total - Exercise/Conversion
Common Stock
2026-04-30+1,775→ 99,582 total - Exercise/Conversion
Common Stock
2026-04-30+2,145→ 101,727 total - Exercise/Conversion
Common Stock
2026-04-30+1,737→ 103,464 total - Exercise/Conversion
Common Stock
2026-04-30+1,973→ 105,437 total - Exercise/Conversion
Common Stock
2026-04-30+9,533→ 114,970 total - Tax Payment
Common Stock
2026-04-30$4.10/sh−8,734$35,809→ 106,236 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-04-30−79→ 0 totalFrom: 2023-04-01→ Common Stock (79 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-04-30−200→ 2,400 totalFrom: 2024-04-01→ Common Stock (200 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-04-30−2,284→ 4,568 totalFrom: 2024-10-31→ Common Stock (2,284 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-04-30−2,455→ 7,363 totalFrom: 2025-01-31→ Common Stock (2,455 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-04-30−1,775→ 7,098 totalFrom: 2025-04-30→ Common Stock (1,775 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F7]2026-04-30−2,145→ 10,725 totalFrom: 2025-07-31→ Common Stock (2,145 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F8]2026-04-30−1,737→ 10,423 totalFrom: 2025-10-31→ Common Stock (1,737 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F9]2026-04-30−1,973→ 13,814 totalFrom: 2026-01-31→ Common Stock (1,973 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F10]2026-04-30−9,533→ 19,066 totalFrom: 2026-04-30→ Common Stock (9,533 underlying) - Award
Restricted Stock Units
[F1][F11]2026-04-30+14,439→ 14,439 totalFrom: 2027-04-30→ Common Stock (14,439 underlying)
Footnotes (11)
- [F1]Each Restricted Stock Unit represents a contingent right to receive at settlement one share of Issuer common stock.
- [F10]These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 30, 2025, and vest over a three-year term, one-third vesting 12 months from the grant date and then in equal quarterly installments after that.
- [F11]These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 30, 2026, pursuant to the reporting person's employment agreement and vest 1/3 at one year then quarterly over 2 years.
- [F2]These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 1, 2022 and vest 25% after one year and then 75% in 36 equal monthly installments commencing on the last day of each succeeding month thereafter.
- [F3]These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 1, 2023 pursuant to the reporting person's employment agreement and vest 25% in one year and 75% in equal monthly installments over 36 months.
- [F4]These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on October 31, 2023 pursuant to the reporting person's employment agreement and vest 25% in one year and 75% in equal quarterly installments over 24 months.
- [F5]These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on January 31, 2024 pursuant to the reporting person's employment agreement and vest 25% in one year and 75% in equal quarterly installments over 24 months.
- [F6]These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 30, 2024, and vest over a three-year term, one-third vesting 12 months from the grant date and then in equal quarterly installments after that.
- [F7]These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on July 31, 2024, and vest over a three-year term, one-third vesting 12 months from the grant date and then in equal quarterly installments after that.
- [F8]These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on October 31, 2024, and vest over a three-year term, one-third vesting 12 months from the grant date and then in equal quarterly installments after that.
- [F9]These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on January 1, 2025 and with 1/3rd cliff vesting after one year and then quarterly over two years.