Insider Joel Markovits Files Form 144 for Reliance Global Group
| Field | Detail |
|---|---|
| Company | Markovits Joel |
| Form Type | 144 |
| Filed Date | Mar 24, 2026 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | bearish |
Complexity: simple
Sentiment: bearish
Topics: insider-sell, form-144, securities-sale
TL;DR
**Insider Markovits is looking to sell shares of Reliance Global Group.**
AI Summary
Joel Markovits, a reporting person, has filed a Form 144 indicating a proposed sale of securities in Reliance Global Group, Inc. (CIK: 0001812727). This filing, dated March 24, 2026, signals that an insider intends to sell shares. For current or prospective shareholders, this could suggest that an insider believes the stock may be fully valued or that they need to diversify their holdings, potentially impacting investor sentiment and the stock price.
Why It Matters
This filing indicates a potential insider sale, which can sometimes be interpreted by the market as a lack of confidence in the company's future prospects or a signal that the stock is overvalued.
Risk Assessment
Risk Level: medium — Insider selling can create downward pressure on a stock's price and may signal a lack of confidence from those closest to the company.
Analyst Insight
An investor should monitor the actual sale of shares by Joel Markovits and consider the potential impact on Reliance Global Group, Inc.'s stock price, potentially waiting for more clarity or a dip before buying.
Key Players & Entities
- Markovits Joel (person) — Reporting person proposing to sell securities
- Reliance Global Group, Inc. (company) — Subject company whose securities are being proposed for sale
- 0001953618 (person) — CIK of Markovits Joel
- 0001812727 (company) — CIK of Reliance Global Group, Inc.
- 2026-03-24 (date) — Filing Date and Accepted Date
Forward-Looking Statements
- The stock price of Reliance Global Group, Inc. may experience downward pressure due to the insider selling. (Reliance Global Group, Inc.) — medium confidence, target: Within 3 months of the filing date
FAQ
Who is the reporting person identified in this Form 144 filing?
The reporting person identified in this Form 144 filing is Markovits Joel, with CIK 0001953618.
Which company's securities are the subject of this proposed sale?
The securities that are the subject of this proposed sale belong to Reliance Global Group, Inc., with CIK 0001812727.
What is the filing date of this Form 144?
The filing date of this Form 144 is March 24, 2026.
What is the business address listed for Reliance Global Group, Inc.?
The business address listed for Reliance Global Group, Inc. is 300 BOULEVARD OF THE AMERICAS, SUITE 105 LAKEWOOD NJ 08701.
What is the SIC code for Reliance Global Group, Inc.?
The SIC code for Reliance Global Group, Inc. is 6411, which corresponds to Insurance Agents, Brokers & Service.
Filing Stats: 585 words · 2 min read · ~2 pages · Grade level 15.6 · Accepted 2026-03-24 16:32:02
Filing Documents
- primary_doc.html (144)
- primary_doc.xml (144) — 3KB
- 0001950047-26-002968.txt ( ) — 5KB
From the Filing
Form 144 Filer Information UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 FORM 144 144: Filer Information Is this a LIVE or TEST Filing? LIVE TEST Submission Contact Information Name Phone E-Mail Address 144: Issuer Information Name of Issuer RELIANCE GLOBAL GROUP, INC. Address of Issuer 300 Blvd. of the Americas, Suite 105 Lakewood NEW JERSEY 08701 Phone (732) 380-4600 Name of Person for Whose Account the Securities are To Be Sold JOEL MARKOVITS See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. Relationship to Issuer Officer 144: Securities Information Title of the Class of Securities To Be Sold Name and Address of the Broker Number of Shares or Other Units To Be Sold Aggregate Market Value Number of Shares or Other Units Outstanding Approximate Date of Sale Name the Securities Exchange Common Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York � NY � 10004 127562 26213.99 21253013 03/24/2026 NASDAQ Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor: 144: Securities To Be Sold Title of the Class Date you Acquired Nature of Acquisition Transaction Name of Person from Whom Acquired Is this a Gift? Date Donor Acquired Amount of Securities Acquired Date of Payment Nature of Payment * Common 09/12/2025 Restricted Stock Issuer 127562 09/12/2025 Not Applicable * If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid. Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold. 144: Securities Sold During The Past 3 Months Nothing to Report 144: Remarks and Signature Remarks Date of Notice 03/24/2026 ATTENTION: The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date. Signature /s/ Joel Markovits ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)