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Filing Details

Accession Number:: 0001493152-24-025510
Form Type:: 4/A
Zero Holdings:: No
Publication Time:: 2024-06-28 06:06:37
Reporting Period:: 2022-09-16

Accepted Time:: 2024-06-28 06:06:37
Original Submission Date:: 2024-05-30
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1812727	Reliance Global Group Inc.	RELI	Insurance Agents, Brokers & Service (6411)	463390293

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1886817	Ezra Beyman	C/O Reliance Global Group, Inc. 300 Blvd. Of The Americas, Suite 105 Lakewood NJ 08701	Chairman And Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2023-12-27	168,000	$0.00	206,268	No	4	A	Direct
Common Stock	Disposition	2023-12-27	88,382	$0.46	117,886	No	4	F	Direct
Common Stock	Acquisiton	2024-05-30	186,000	$0.27	303,886	No	4	P	Direct
Common Stock	Disposition	2022-09-16	3,667	$0.00	289,390	No	4	G	Indirect	By Reliance Global Holdings, LLC
Common Stock	Disposition	2023-04-23	289,277	$0.00	113	No	4	J	Indirect	By Reliance Global Holdings, LLC
Common Stock	Acquisiton	2023-02-13	66,743	$0.64	66,743	No	4	J	Indirect	By YES Americana Group, LLC
Common Stock	Acquisiton	2023-04-23	289,277	$0.00	356,021	No	4	J	Indirect	By YES Americana Group, LLC
Common Stock	Disposition	2023-06-28	15,000	$0.00	341,021	No	4	G	Indirect	By YES Americana Group, LLC
Common Stock	Disposition	2023-12-11	15,000	$0.00	326,021	No	4	G	Indirect	By YES Americana Group, LLC
Common Stock	Disposition	2023-12-11	15,000	$0.00	311,021	No	4	G	Indirect	By YES Americana Group, LLC
Common Stock	Disposition	2023-12-11	6,000	$0.00	305,021	No	4	G	Indirect	By YES Americana Group, LLC
Common Stock	Disposition	2023-12-14	39,000	$0.00	266,021	No	4	G	Indirect	By YES Americana Group, LLC
Common Stock	Disposition	2023-12-14	3,000	$0.00	263,021	No	4	G	Indirect	By YES Americana Group, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	F	Direct
No	4	P	Direct
No	4	G	Indirect	By Reliance Global Holdings, LLC
No	4	J	Indirect	By Reliance Global Holdings, LLC
No	4	J	Indirect	By YES Americana Group, LLC
No	4	J	Indirect	By YES Americana Group, LLC
No	4	G	Indirect	By YES Americana Group, LLC
No	4	G	Indirect	By YES Americana Group, LLC
No	4	G	Indirect	By YES Americana Group, LLC
No	4	G	Indirect	By YES Americana Group, LLC
No	4	G	Indirect	By YES Americana Group, LLC
No	4	G	Indirect	By YES Americana Group, LLC

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Common Stock	Acquisiton	2023-02-07	190,917	$0.00	190,917	$0.64
Common Stock	Common Stock	Acquisiton	2023-02-13	66,743	$0.00	66,743	$0.64

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
190,917	2023-02-07		No	4	J	Indirect
0	2023-02-07		No	4	C	Indirect

Footnotes

Represents the grant of shares of common stock approved by the compensation committee, comprised solely of independent directors, of the issuer's board of directors and issued in accordance with Rule 16b-3 promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
All share amounts and conversion prices reported on this Form 4 have been adjusted to give effect to the February 23, 2023 1-for-15 reverse stock split of the issuer's common stock.
Represents the payment of tax liability by delivering securities incident to the receipt of the December 27, 2023 grant of 168,000 shares of common stock reported on this Form 4, which was issued in accordance with Rule 16b-3. This transaction is exempt from Section 16(b) of the Exchange Act.
Bona fide gift.
Reliance Global Holdings, LLC ("Holdings") is an entity controlled by Ezra Beyman and his spouse.
Represents the transfer of shares of common stock from Holdings to YES Americana Group, LLC ("YES Americana").
Represents the acquisition of shares of the issuer's common stock upon partial conversion of the Note (as hereinafter defined).
YES Americana is an entity controlled by Mr. Beyman's spouse.
Represents the acquisition by YES Americana of the right to acquire shares of the issuer's common stock upon conversion of a promissory note, as amended, issued by the issuer in favor of YES Americana (the "Note").
The Note can be converted so long as any amount thereunder is outstanding.
On February 13, 2024, YES Americana effectuated a partial conversion of the Note into an aggregate of 66,743 shares of the issuer's common stock.
Immediately following the partial conversion of the Note on February 13, 2024, YES Americana had the right to acquire 124,174 shares of the issuer's common stock upon conversion of the remaining amounts due under the Note. Subsequently, the issuer paid the remaining amounts due under the Note, such that no shares were issuable under the Note.