Form 4: Reliance Global Group Executive VP Yaakov Beyman Sells Shares
SEC Form 4 Filing
Yaakov Beyman, Executive VP of Insurance Division at Reliance Global Group, sold 3,001 shares of common stock on December 23, 2024.
Summary
- On December 23, 2024, Yaakov Beyman, the Executive VP of Insurance Division at Reliance Global Group, sold 3,001 shares of common stock.
- The sale price was $3.8009 per share.
- Following the transaction, Beyman directly owns 6,667 shares of Reliance Global Group.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders buy or sell their company's stock. They provide transparency into the transactions of individuals with access to non-public information.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 12/23/2024 | Date of transaction: Yaakov Beyman sold shares of Reliance Global Group. |
| 01/07/2025 | Date of signature on the Form 4 filing. |
Keywords
Reliance Global Group, Yaakov Beyman, stock sale, Form 4, insider trading, RELI, Executive VP, Insurance Division
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