Form 4: Reliance Global Group Chairman and CEO Ezra Beyman Reports Gift of Shares
SEC Form 4 Filing
Ezra Beyman, Chairman and CEO of Reliance Global Group, reported a gift of 3,000 shares of common stock and changes in indirect ownership.
Summary
- On August 22, 2024, Ezra Beyman, Chairman and CEO of Reliance Global Group, reported a transaction involving the gift of 3,000 shares of common stock.
- The shares were gifted directly.
- Following the transaction, Mr. Beyman directly owns 31,006 shares of common stock.
- Mr. Beyman also indirectly owns 12,472 shares through YES Americana Group, LLC, an entity controlled by his spouse, and 7 shares through Reliance Global Holdings, LLC, an entity controlled by Mr. Beyman and his spouse.
Sentiment
Score: 5
Explanation: The document is a neutral report of a transaction. There is no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which is common in the financial industry to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 08/22/2024 | Date of transaction (gift of shares) |
| 08/26/2024 | Date of signature on the Form 4 |
Keywords
Form 4, Beneficial Ownership, Reliance Global Group, Ezra Beyman, Share Gift, RELI, Insider Trading
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