IZEA Worldwide, Inc.·4

Jul 1, 4:02 PM ET

BIERE PETER 4

4 · IZEA Worldwide, Inc. · Filed Jul 1, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-06-30
BIERE PETER
Chief Financial Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2026-06-30+200106,587 total
  • Exercise/Conversion

    Common Stock

    2026-06-30+2,242108,829 total
  • Tax Payment

    Common Stock

    2026-06-30$3.70/sh614$2,272108,215 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2]
    2026-06-302002,000 total
    From: 2024-04-01Common Stock (200 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3]
    2026-06-302,2422,242 total
    From: 2024-09-01Common 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

Documents

1 file
  • 4
    wk-form4_1782936172.xmlPrimary

    FORM 4