Joel Markovits - Aug 1, 2024 Form 4 Insider Report for Reliance Global Group, Inc. (RELI)

Role
Chief Financial Officer
Signature
/s/ Joel Markovits
Stock symbol
RELI
Transactions as of
Aug 1, 2024
Transactions value $
-$79,161
Form type
4
Date filed
2/11/2025, 09:36 PM
Previous filing
Jul 23, 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 Tax liability -$29 -8 -0.07% $3.60 10.8K Aug 1, 2024 Direct F1
transaction RELI Common Stock Tax liability -$24 -9 -0.08% $2.67 10.8K Sep 4, 2024 Direct F1
transaction RELI Common Stock Tax liability -$21 -9 -0.08% $2.36 10.8K Oct 2, 2024 Direct F1
transaction RELI Common Stock Tax liability -$24 -10 -0.09% $2.38 10.8K Nov 1, 2024 Direct F1
transaction RELI Common Stock Sale -$14.6K -10.6K -98.18% $1.37 197 Nov 22, 2024 Direct
transaction RELI Common Stock Tax liability -$19 -12 -6.09% $1.54 185 Dec 2, 2024 Direct F1
transaction RELI Common Stock Tax liability -$29 -10 -5.41% $2.89 175 Jan 2, 2025 Direct F1
transaction RELI Common Stock Award $0 +185K +105840.57% $0.00 185K Jan 21, 2025 Direct F2
transaction RELI Common Stock Tax liability -$32.4K -16.5K -8.92% $1.96 169K Feb 4, 2025 Direct F3
transaction RELI Common Stock Award $0 +49K +29.02% $0.00 218K Feb 5, 2025 Direct F4
transaction RELI Common Stock Tax liability -$32.1K -17.1K -7.83% $1.88 201K Feb 7, 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the payment of tax liability by delivering securities incident to the receipt of a previously reported stock grant, which was issued in accordance with Rule 16b-3. This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
F2 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 Exchange Act. The grant vests (i) with respect to 37,045 shares on January 27, 2025; and (ii) with respect to 37,044 shares on each of February 3, 2025, July 15, 2025, July 30, 2025, and August 15, 2025.
F3 Represents the payment of tax liability incident to the receipt of the January 21, 2025 stock grant, which was issued in accordance with Rule 16b-3 pursuant to the Exchange Act. This transaction is exempt from Section 16(b) of the Exchange Act.
F4 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 Exchange Act. The grant vests (i) with respect to 16,334 shares on August 30, 2025; and (ii) with respect to 16,333 shares on each of September 15, 2025, and September 30, 2025.