{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-018678","form_type":"8-K","ticker":"EZRA","cik":"0001812727","company_name":"Reliance Global Group, Inc.","filed_at":"2025-07-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.085562+00:00","generated_at":"2026-05-18T06:57:06.745106+00:00","sec_items":["1.01","5.02","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Reliance Global sells Fortman Insurance for $5M; cuts debt 50%, annual savings >$1.8M","bullets":["Closed sale of Fortman Insurance Services for $5M cash; sold at value above 2019 purchase price.","Used ~$5.55M (including restricted cash) to repay ≈50% of long-term debt.","Annual debt service drops from ~$2.95M to ~$1.1M, a reduction of over $1.8M (61%).","CEO Ezra Beyman's base salary increased from $425k to $513k; annual bonus of $593k approved.","Company reaffirms expected completion of Spetner Associates acquisition."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-018678","json":"https://secwatch.observer/filing/0001641172-25-018678.json","markdown":"https://secwatch.observer/filing/0001641172-25-018678.md","text":"https://secwatch.observer/filing/0001641172-25-018678.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1812727/000164117225018678/0001641172-25-018678-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1812727/000164117225018678/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T06:57:06.745106+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}