BIERE PETER 4
4 · IZEA Worldwide, Inc. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
IZEA (IZEA) CFO Peter Biere Exercises RSUs; Shares Withheld for Taxes
What Happened
- Peter Biere, Chief Financial Officer of IZEA Worldwide, converted (exercised/settled) a total of 2,442 restricted stock units (200 + 2,242) into common shares on June 30, 2026. To cover tax obligations, 614 of the newly issued shares were withheld at $3.70 per share (value $2,272), leaving a net of 1,828 shares delivered to him.
- The filing shows the derivative interests (RSUs) were extinguished upon settlement (derivative "Disposed" entries at $0.00). No open-market sale of the remaining shares was reported.
Key Details
- Transaction date: 2026-06-30; Form 4 filed 2026-07-01 (timely).
- Shares converted/acquired: 2,442 (200 + 2,242) at $0.00 (RSU settlement).
- Shares withheld for taxes: 614 shares @ $3.70 = $2,272 (reported as Code F: payment of tax liability).
- Net shares delivered to insider: 1,828 (2,442 − 614).
- Amount of securities beneficially owned after the transaction: not specified in the filing.
- Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price or tax liability.
- Footnotes: F1 confirms each RSU converts to one share; F2 and F3 describe the grant dates and vesting schedules (April 1, 2023 grant: 25% after 1 year, then 75% monthly over 36 months; Sept 1, 2023 grant: 1/3 after 1 year, then equal quarterly installments over two years).
Context
- This was a routine settlement of RSUs from compensation, not an open-market buy or sell; the withholding of shares to cover taxes is common and does not by itself indicate a buy/sell opinion. The filing shows no immediate sale of the remaining shares.
Insider Transaction Report
Form 4
BIERE PETER
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2026-06-30+200→ 106,587 total - Exercise/Conversion
Common Stock
2026-06-30+2,242→ 108,829 total - Tax Payment
Common Stock
2026-06-30$3.70/sh−614$2,272→ 108,215 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-06-30−200→ 2,000 totalFrom: 2024-04-01→ Common Stock (200 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-06-30−2,242→ 2,242 totalFrom: 2024-09-01→ Common Stock (2,242 underlying)
Footnotes (3)
- [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.
- [F3]These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on September 1, 2023, and 1/3rd vesting after one year and then equal quarterly installments over two years.
Signature
/s/ Peter J. Biere|2026-07-01