Form 4: Reliance Global Group Director Sells Shares
SEC Form 4 Filing
Alex Blumenfrucht, a director of Reliance Global Group, Inc., sold 5,236 shares of common stock on December 23, 2024.
Summary
- On December 23, 2024, Alex Blumenfrucht, a director of Reliance Global Group, Inc. (RELI), sold 5,236 shares of the company's common stock.
- The shares were sold at a price of $3.69 per share.
- Following the transaction, Blumenfrucht directly owns 484 shares of Reliance Global Group.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of a transaction by a company insider. It's common for directors and officers to buy and sell shares of their company's stock.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but it's a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 12/23/2024 | Date of transaction: Alex Blumenfrucht sold 5,236 shares of Reliance Global Group common stock. |
| 12/26/2024 | Date of signature on the Form 4 filing. |
Keywords
Reliance Global Group, RELI, Form 4, Alex Blumenfrucht, stock sale, director, beneficial ownership, securities
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