BIERE PETER 4
4 · IZEA Worldwide, Inc. · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
IZEA CFO Peter Biere Exercises RSUs; Tax Withholding
What Happened
Peter Biere, Chief Financial Officer of IZEA Worldwide, exercised/converted a total of 2,991 restricted stock units (RSUs) into common shares on March 31, 2026. Of those shares, 730 were withheld to satisfy tax withholding at $3.51 per share (total withheld value $2,562). The RSU conversions are reported as derivative exercises (transaction code M) and the tax withholding is reported under code F.
Key Details
- Transaction date: 2026-03-31; filing date: 2026-04-01 (timely).
- RSUs converted: 80 + 200 + 468 + 2,243 = 2,991 shares acquired at $0 (settlement of RSUs).
- Shares withheld for taxes: 730 shares disposed at $3.51/share to cover tax liability = $2,562.
- Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = payment of tax liability (share withholding).
- Footnotes: F1–F5 indicate these were RSUs granted under the 2011 Equity Incentive Plan on various grant dates (Apr 1, 2022; Apr 1, 2023; Apr 14, 2023; Sept 1, 2023) with standard vesting schedules (initial cliff then monthly/quarterly vesting).
- Shares owned after the transaction: not specified in the provided filing.
Context
- This was a settlement of restricted stock units (an award vesting), not an open-market buy or sale. The withholding of 730 shares is a routine cashless tax withholding to satisfy tax obligations on vested RSUs, not a discretionary sale for cash.
- For retail investors: vesting/withholding transactions are common compensation events and do not necessarily indicate a buy/sell signal about the insider’s view on the company.
Insider Transaction Report
Form 4
BIERE PETER
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2026-03-31+80→ 90,608 total - Exercise/Conversion
Common Stock
2026-03-31+200→ 90,808 total - Exercise/Conversion
Common Stock
2026-03-31+468→ 91,276 total - Exercise/Conversion
Common Stock
2026-03-31+2,243→ 93,519 total - Tax Payment
Common Stock
2026-03-31$3.51/sh−730$2,562→ 92,789 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-31−80→ 158 totalFrom: 2023-04-01→ Common Stock (80 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-31−200→ 2,600 totalFrom: 2024-04-01→ Common Stock (200 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-31−468→ 0 totalFrom: 2023-06-30→ Common Stock (468 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-03-31−2,243→ 4,484 totalFrom: 2024-09-01→ Common Stock (2,243 underlying)
Footnotes (5)
- [F1]Each Restricted Stock Unit represents a contingent right to receive at settlement one share of Issuer common stock.
- [F2]These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 1, 2022 and vest 25% after one year and then 75% in 36 equal monthly installments commencing on the last day of each succeeding month thereafter.
- [F3]These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 1, 2023 pursuant to the reporting person's employment agreement and vest 25% in one year and 75% in equal monthly installments over 36 months.
- [F4]These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 14, 2023, pursuant to the reporting person's employment agreement and vest quarterly over three years.
- [F5]These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on September 1, 2023, and 1/3rd vesting after one year and then equal quarterly installments over two years.
Signature
/s/ Peter J. Biere|2026-04-01