BIERE PETER 4

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.