IZEA Worldwide, Inc.·4

Jun 1, 4:45 PM ET

BIERE PETER 4

Research Summary

AI-generated summary

Updated

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.