BIERE PETER 4
4 · IZEA Worldwide, Inc. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
IZEA (IZEA) CFO Peter Biere Exercises RSUs, Sells Shares for Taxes
What Happened
- Peter Biere, Chief Financial Officer of IZEA Worldwide, converted restricted stock units into 200 shares of IZEA common stock on May 31, 2026. As part of the settlement, 49 shares were withheld/disposed to satisfy tax withholding obligations (49 shares x $3.69 = $181). The filing also records the related derivative conversion/settlement.
Key Details
- Transaction date: 2026-05-31; Form 4 filed 2026-06-01.
- Transactions reported: Exercise/conversion of derivative (code M) for 200 shares (acquired via RSU settlement); tax withholding (code F) of 49 shares at $3.69 per share (≈ $181).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1—each RSU converts to one share at settlement; F2—these RSUs were granted under the 2011 Equity Incentive Plan on April 1, 2023 and vest 25% after one year then monthly over 36 months.
- Filing timeliness: Filed the next day (no late filing indicated).
Context
- This was a routine RSU settlement with shares withheld to cover taxes (a common non-market-sale disposition), not an open‑market sale or purchase. Such withholding transactions are administrative and do not necessarily indicate insider buying or selling sentiment.
Insider Transaction Report
Form 4
BIERE PETER
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2026-05-31+200→ 106,436 total - Tax Payment
Common Stock
2026-05-31$3.69/sh−49$181→ 106,387 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-05-31−200→ 2,200 totalFrom: 2024-04-01→ Common Stock (200 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit represents a contingent right to receive at settlement one share of Issuer common stock.
- [F2]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.
Signature
/s/ Peter J. Biere|2026-06-01