Reliance Global (EZRA) VP Beyman Menachem Receives Award, Surrenders Shares

What Happened

• Beyman Mordechai Menachem, Vice President of Reliance Global Group, was granted 7,314 restricted shares on June 24, 2026. Following accelerated vesting, he delivered (surrendered) 3,597 of those shares to cover tax liabilities in three transactions (547 @ $3.10 on 7/6; 595 @ $2.26 on 7/20; 2,455 @ $1.90 on 7/30) totaling about $7,711. These were tax-withholding share deliveries tied to the previously reported restricted stock award, not open-market sales.

Key Details

• Grant: 7,314 restricted Common Stock shares granted 2026-06-24 under the Issuer's 2025 Equity Incentive Plan (original vesting schedule later accelerated).
• Withholdings/tax deliveries:
  • 2026-07-06 — 547 shares @ $3.10 = $1,695
  • 2026-07-20 — 595 shares @ $2.26 = $1,347
  • 2026-07-30 — 2,455 shares @ $1.90 = $4,669
  • Total surrendered: 3,597 shares (~$7,711)
• Shares remaining from this award (based on reported activity): 7,314 granted − 3,597 surrendered = 3,717 shares (total holdings not fully itemized in the filing).
• Footnotes: F1 — restricted shares granted and vesting accelerated so all then-unvested shares vested on July 27, 2026. F2 — the share deliveries were to satisfy tax withholding and are exempt from Section 16(b).
• Timeliness: Form 4 was filed 2026-09-10 reporting transactions from June–July 2026; this appears late (Form 4s are generally due within two business days of the reportable transaction).

Context

• These transactions were tax-withholding share deliveries incident to a restricted stock award (routine administrative transfers), not open-market sales or purchases. Such withholdings are common when restricted awards vest and do not necessarily signal insider buying or selling intent.