Reliance Global Group, Inc. (XGPU) company profile
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About Reliance Global
Insurance Agents, Brokers & Service, SIC 6411
Reliance Global Group, Inc. operates as a holding company that acquires, owns, and manages insurance agencies as well as technology-focused businesses. The company primarily engages in wholesale and retail insurance brokerage, generating commission revenues from selling and servicing insurance products such as medical, life, and property and casualty coverage. It also develops and runs proprietary InsurTech platforms, notably RELI Exchange, a business-to-business partner network providing quoting software, back-office infrastructure, and insurance carrier access to independent agencies and agents. In addition, the firm pursues controlling investments in emerging technology enterprises through its Scale51 initiative.
The enterprise maintains an operating footprint across multiple insurance-related businesses, managing six operating subsidiaries as of year-end 2025. It serves insurance agents, brokerages, and policyholders throughout the United States. Reliance Global Group maintains its principal executive offices in Lakewood, New Jersey.
Summary of the business section of Reliance Global's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Reliance Global Group, Inc.
- Founded
- 2013
- Headquarters
- Lakewood, NJ
- Address
- 300 Boulevard Of The Americas,, Suite 105 08701
- Phone
- (732) 780-4647
- Website
- relianceglobalgroup.com
- Employees
- 40, Dec 31, 2025
- Industry
- Insurance Agents, Brokers & Service
- Incorporated in
- Florida
- Fiscal year ends
- December 31
- Auditor
- Urish Popeck & Co., LLC, Pittsburgh, Pennsylvania
Stock & identifiers
- Ticker
- XGPU
- Other tickers
- EZRA
- Exchange
- Nasdaq
- IPO date
- Feb 10, 2021
- Shares outstanding
- 1M, Jul 30, 2026
- Public float
- $5.30M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-40 reverse, May 18, 2026; 1-for-17 reverse, Jul 1, 2024; 1-for-15 reverse, Feb 23, 2023
- SEC CIK
- 1812727
- CUSIP
- 75946W504
- ISIN
- US75946W5040
- EIN
- 46-3390293
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Ezra Beyman | Chairman and CEO, Director | 111,140 |
| Judah Korman | Chief Operating Officer | 11,220 |
| Mordechai Menachem Beyman | Vice President | 3,717 |
| Joel Markovits | Chief Financial Officer | 4 |
| Yaakov Beyman | Exec VP, Insurance Division | 2,967 |
| Zackary Andrew Wilder | Chief Technology Officer | – |
| Alex Blumenfrucht | Director | 13 |
| Ben Fruchtzweig | Director | 5 |
| Scott Korman | Director | 10,425 |
| Sheldon Brickman | Director | 10,042 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $2.48M | $1.78M | $937.83K | $0 | – |
| FY2024 Non Peo Neo | $339.73K | $339.73K | $339.73K | $0 | – |
| FY2024 Peo | $484.86K | $484.86K | $339.73K | $0 | – |
| FY2023 Non Peo Neo | $364.02K | $364.10K | $364.02K | $0 | – |
| FY2023 Peo | $444.78K | $444.78K | $364.02K | $0 | – |
| FY2022 | $403.24K | $388.31K | $403.24K | $9 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Ezra Beyman CEO | $464.60K | $297.41K | $1.71M | $14.00K | $2.48M | +412% |
| Joel Markovits CFO | $315.00K | $1.00K | $794.59K | – | $1.11M | +211% |
| Yaakov Beyman EVP Insurance | $275.00K | $1.00K | $478.04K | $11.04K | $765.08K | +2279% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Feb 10, 2021
- Offer price
- $6.00
- Securities offered
- 1,800,000
- Gross proceeds
- $10.80M
- Exchange
- Nasdaq
- Lock-up ends (est.)
- Aug 9, 2021
“This is an offering price of $6.00 per share of common stock and accompanying Series A Warrant.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“of December 31, 2025, we employed 40 employees across all Company subsidiaries.”
Corporate history
Events identified from SEC filings
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