Venetucci Patrick James 4

What Happened

• Patrick James Venetucci, CEO of IZEA Worldwide, converted 30,650 restricted stock units (RSUs) into common shares on April 30, 2026. To satisfy tax withholding, he surrendered 13,578 of those shares at $4.10 each, totaling $55,670. After withholding, he received a net 17,072 shares. The RSU conversion shows an exercise/conversion (derivative) entry at $0.00, consistent with RSUs settling into common stock.

Key Details

• Transaction date: 2026-04-30.
• RSUs converted: 30,650 shares (exercise/conversion code M, $0.00 exercise price).
• Shares surrendered for tax withholding: 13,578 shares at $4.10 = $55,670 (code F).
• Net shares received: 17,072 shares (30,650 − 13,578).
• Footnotes: F1 – shares surrendered to satisfy tax withholding; F2 – each RSU converts to one common share at settlement; F3 – RSUs were granted under the 2011 Equity Incentive Plan on Sept 9, 2024 and vest quarterly in 16 equal installments starting Oct 31, 2024.
• Ownership after transaction: not specified in this Form 4 filing.
• Filing timeliness: filed 2026-05-01 for a 2026-04-30 transaction (timely under Form 4 rules).

Context

• These were RSU settlements (not an open-market sale or purchase). The surrender of shares to cover taxes is a common, routine administrative step and does not by itself indicate buying or selling intent in the market. The derivative (M) and tax-withholding (F) codes reflect conversion of awards and shares withheld for taxes rather than a cashless market sale.