IZEA CFO Peter Biere Exercises RSUs; Shares Withheld for Taxes

What Happened

• Peter Biere, Chief Financial Officer of IZEA Worldwide, Inc. (IZEA), converted restricted stock units (RSUs) into 2,442 shares on 2026-09-30. The RSUs had a $0.00 exercise price (i.e., they vested and converted rather than being bought).
• To satisfy tax withholding, 1,519 of those shares were withheld (disposed) at $2.51 per share, totaling $3,813. That leaves a net issuance of 923 shares to Mr. Biere.

Key Details

• Transaction date: 2026-09-30; Filing date: 2026-10-01 (timely).
• Conversion entries: 200 shares and 2,242 shares converted (both reported as derivative exercises, code M) at $0.00 per share.
• Tax withholding: 1,519 shares withheld (code F) at $2.51 per share for $3,813.
• Shares owned after the transaction: not provided in the supplied summary (check the full Form 4 for the exact post-transaction holdings).
• Footnotes: F1 confirms each RSU converts to one share at settlement; F2/F3 describe the grant dates and vesting schedules under the 2011 Equity Incentive Plan (April 1, 2023 grant vesting schedule and September 1, 2023 grant vesting schedule).

Context

• This was a vesting/conversion of RSUs (no cash paid for the shares), with a routine tax-withholding share disposition; such withholdings are common and do not by themselves indicate a buying or selling signal.
• Because the exercise price was $0.00 and shares were withheld to cover taxes, this was effectively a net receipt of shares (923 net shares) rather than a market sale.