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Reliance Global Group, Inc.
RELI
Amendment
Ownership

11.80%

Total Shares

197,905

Issuer CIK

1812727

Event Date

Aug 20, 2026

Accepted

Oct 15, 2026, 03:11 PM

SEC EDGARView Original Filing
Reporting Persons (3)
Joint Filing

This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.

NameType% of ClassAggregateSole VotingShared Voting
GNK Holdings LLC
Other
11.80%197,9050197,905
Nachum Klugman
Individual
11.80%197,9050197,905
Gabrielle Philipson
Individual
11.80%197,9050197,905
Disclosure Items (6)

Security Title

Common Stock, par value $0.086 per share

Issuer Name

Reliance Global Group, Inc.

Issuer Address

300 BOULEVARD OF THE AMERICAS,, LAKEWOOD, NJ, 08701

On October 15, 2026, Gabrielle Philipson purchased an additional 30,944 shares of Common Stock for aggregate consideration of $70,861.76, or approximately $2.29 per share on a weighted-average basis. Following these purchases, the Reporting Persons beneficially own 197,905 shares of Common Stock. The purchases were funded with Ms. Philipson's personal funds, including margin borrowing, consistent with the original Schedule 13D.

On October 15, 2026, Ms. Philipson, as shareholder, joined by GNK, delivered to the Issuer, by email and by overnight courier addressed to the Issuer's Corporate Secretary at its principal executive offices, a written demand under Section 607.0702(1)(b) of the Florida Business Corporation Act that the Issuer call a special meeting of shareholders (the "Special Meeting") for the following purposes: (i) to remove, without cause, each of the Issuer's current directors - Ezra Beyman, Alex Blumenfrucht, Scott Korman, Ben Fruchtzweig and Sheldon Brickman - and any other person elected or appointed to the Board of Directors after the date of the demand and before the Special Meeting; and (ii) to elect Nachum Klugman, Chaim Herzog, Alexander Huska, Haim Toledano and Seth Ampolsky (the "Nominees") to fill the resulting vacancies. Each Nominee has agreed to serve if elected. A copy of the demand is filed as Exhibit 99.1 and is incorporated herein by reference. On the same date and by the same means, Ms. Philipson and GNK delivered to the Issuer a demand under Section 607.1602 of the Florida Business Corporation Act to inspect and copy the Issuer's shareholder records, together with a request under Rule 14a-7 under the Securities Exchange Act of 1934 (the "Exchange Act"). A copy is filed as Exhibit 99.2 and is incorporated herein by reference. The Reporting Persons intend to file a proxy statement with the Securities and Exchange Commission and to solicit proxies from the Issuer's shareholders in support of the proposals described above, in compliance with Rule 14a-19 under the Exchange Act. If the Nominees are elected, and subject to their fiduciary duties, the Reporting Persons expect the Nominees to pursue a strategic review of the Issuer, including potential sales of businesses or assets; a review of the Issuer's financing arrangements, including its equity line with White Lion Capital, LLC; and disciplined capital allocation. GNK intends that, if the Nominees are elected, the new Board appoint Nachum Klugman as Executive Chairman. No compensation for that role has been agreed. The Reporting Persons may acquire or dispose of securities of the Issuer, or change their plans, at any time, subject to applicable law and reporting obligations.

Percentage of Class

As of October 15, 2026, the Reporting Persons beneficially own 197,905 shares of Common Stock, all held by Gabrielle Philipson in her individual brokerage account. Based on 1,679,936 shares outstanding as of August 26, 2026, as reported by the Issuer, those shares represent approximately 11.78% of the outstanding Common Stock.

Number of Shares

Each Reporting Person may be deemed to share the power to vote and to dispose of the 197,905 shares held by Ms. Philipson. No Reporting Person has sole voting or dispositive power over any shares.

Transactions

Except for the purchases on October 15, 2026 described in Item 3 and listed in Schedule A, the Reporting Persons have not effected any transactions in the Common Stock since the filing of the original Schedule 13D. All purchases were made in open-market brokerage transactions.

The contribution and beneficial ownership arrangements described in the original Schedule 13D remain in effect. Each Nominee has agreed to be named in proxy materials and to serve if elected. Except as described in this Schedule 13D, the Reporting Persons have no contracts, arrangements, understandings or relationships with respect to securities of the Issuer.

Exhibit 99.1 - Demand for Special Meeting of Shareholders, dated October 15, 2026. Exhibit 99.2 - Demand to Inspect Shareholder Records, dated October 15, 2026. Exhibits previously filed with the original Schedule 13D, including the Joint Filing Agreement, are incorporated by reference.

Reliance Global Group, Inc. — Schedule 13D | 13D Filings