Form 4: IZEA Worldwide CFO Peter Biere Reports Changes in Beneficial Ownership
SEC Form 4
Peter Biere, CFO of IZEA Worldwide, reports transactions involving common stock and restricted stock units, resulting in adjustments to his beneficial ownership.
Summary
- On May 31, 2024, Peter Biere, the CFO of IZEA Worldwide, reported changes in his beneficial ownership of the company's securities.
- These changes involve transactions related to common stock and restricted stock units (RSUs).
- Biere acquired common stock through the vesting of RSUs at a price of $0 per share.
- He also disposed of some common stock to cover tax withholding obligations.
- Following these transactions, Biere directly owns 9,929 shares of IZEA Worldwide common stock.
- He also holds derivative securities in the form of restricted stock units, with varying vesting schedules and expiration dates.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by a company insider, and it doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of compliance for company insiders and provide transparency into their transactions in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
- It can influence investor perception of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 08/17/2021 | Date of issuance of some Restricted Stock Units under the Issuer's 2011 Equity Incentive Plan. |
| 11/16/2021 | Date of issuance of some Restricted Stock Units under the Issuer's 2011 Equity Incentive Plan. |
| 04/01/2022 | Date of issuance of some Restricted Stock Units under the Issuer's 2011 Equity Incentive Plan. |
| 08/16/2022 | Date of issuance of some Restricted Stock Units under the Issuer's 2011 Equity Incentive Plan. |
| 11/18/2022 | Date of issuance of some Restricted Stock Units under the Issuer's 2011 Equity Incentive Plan. |
| 04/01/2023 | Date of issuance of some Restricted Stock Units under the Issuer's 2011 Equity Incentive Plan. |
| 05/31/2024 | Date of the reported transactions involving common stock and restricted stock units. |
| 06/03/2024 | Date of signature of the Form 4 filing. |
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