Yaakov Beyman - 27 Dec 2023 Form 4 Insider Report for Reliance Global Group, Inc. (RELI)

Role
Exec VP, Insurance Division
Signature
/s/ Yaakov Beyman
Issuer symbol
RELI
Transactions as of
27 Dec 2023
Transactions value $
-$26,587
Form type
4
Filing time
29 Dec 2023, 13:14:42 UTC
Previous filing
08 Nov 2022
Next filing
16 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELI Common Stock Award $0 +109,000 +2,696% $0 113,043 27 Dec 2023 Direct F1
transaction RELI Common Stock Tax liability -$26,587 -54,260 -48% $0.49 58,783 27 Dec 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of shares of common stock approved by the compensation committee, comprised solely of independent directors, of the issuer's board of directors and issued in accordance with Rule 16b-3 promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
F2 Represents the payment of tax liability by delivering securities incident to the receipt of the stock grant reported on this Form 4, which was issued in accordance with Rule 16b-3. This transaction is exempt from Section 16(b) of the Exchange Act.