IZEA Worldwide, Inc.·4

Apr 1, 4:04 PM ET

BIERE PETER 4

4 · IZEA Worldwide, Inc. · Filed Apr 1, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-03-31
BIERE PETER
Chief Financial Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2026-03-31+8090,608 total
  • Exercise/Conversion

    Common Stock

    2026-03-31+20090,808 total
  • Exercise/Conversion

    Common Stock

    2026-03-31+46891,276 total
  • Exercise/Conversion

    Common Stock

    2026-03-31+2,24393,519 total
  • Tax Payment

    Common Stock

    2026-03-31$3.51/sh730$2,56292,789 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2]
    2026-03-3180158 total
    From: 2023-04-01Common Stock (80 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3]
    2026-03-312002,600 total
    From: 2024-04-01Common Stock (200 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F4]
    2026-03-314680 total
    From: 2023-06-30Common Stock (468 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F5]
    2026-03-312,2434,484 total
    From: 2024-09-01Common 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

Documents

1 file
  • 4
    wk-form4_1775073858.xmlPrimary

    FORM 4