IZEA CEO Patrick Venetucci Receives 30,650 Shares

What Happened

• Patrick James Venetucci, CEO of IZEA Worldwide, had Restricted Stock Units (RSUs) convert into 30,650 shares on July 31, 2026 (exercise/conversion at $0.00). To cover tax withholding, 13,072 of those shares were surrendered to the company at $3.46 per share, producing $45,229 in withholding. This was a vesting/settlement of awards rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-31
• Conversion/exercise: 30,650 RSUs converted into common shares (exercise price reported $0.00)
• Tax withholding: 13,072 shares surrendered (code F) at $3.46/share = $45,229
• Instrument: Restricted Stock Units (each RSU settles for one share)
• RSU grant info: Issued under the 2011 Equity Incentive Plan on Sept 9, 2024; vest quarterly in 16 equal installments starting Oct 31, 2024
• Shares owned after the transaction: not specified in the provided filing
• Filing timeliness: Form filed 2026-08-03 for a 2026-07-31 transaction — filing appears timely (within required business-day window)

Context

• This was a routine RSU vesting and associated tax-withholding transaction (not an open-market sale or purchase). The underlying RSUs were converted to shares and a portion was surrendered to cover taxes (cashless/stock-withholding method). Such withholding is common and typically reflects tax obligations rather than a decision to sell shares for liquidity.