Falcon's Beyond trust sells 2.43M shares

Tillman's Corner Trust fell below 10% beneficial ownership on December 18, 2025, and is no longer subject to Section 16.

Rhea-AI Filing Summary

Falcon's Beyond Global, Inc. (FBYD) reports that Tillman's Corner Trust, a former 10% holder, sold 2,431,732 shares of Class A common stock at $8.90 per share on October 12, 2026. The trust's reported direct holdings after the sale were 0 shares. Christine E. Zellar-Church is the trust's trustee. The trust had fallen below 10% beneficial ownership on December 18, 2025, and was no longer subject to Section 16 at the time of the sale. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Net Seller: 2,431,732 shares

Net Sell 1 txn

Insider Tillman's Corner Trust

Role Insider

Sold 2,431,732 shs

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1, F2	2,431,732	--	--

Holdings After Transaction: Class A Common Stock — 0 shares (Direct)

Footnotes (2)

1. F1. On October 12, 2026, Tillman's Corner Trust sold 2,431,732 shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock") of Falcon's Beyond Global, Inc. (the "Issuer") at a price of $8.90 per share. The reporting person is no longer subject to Section 16 of the Securities Exchange Act of 1934, as amended. Tillman's Corner Trust fell below 10% beneficial ownership of the Issuer's Class A Common Stock on December 18, 2025.
2. F2. Represents securities held by Tillman's Corner Trust, of which Christine E. Zellar-Church is the trustee.

Key Figures

Shares sold: 2,431,732 shares Sale price: $8.90 per share Direct holdings after sale: 0 shares +1 more

4 metrics

Shares sold 2,431,732 shares Class A common stock, October 12, 2026

Sale price $8.90 per share October 12, 2026

Direct holdings after sale 0 shares Tillman's Corner Trust following the transaction

Beneficial ownership threshold Below 10% Tillman's Corner Trust fell below this level on December 18, 2025

Key Terms

beneficial ownership, Section 16, Rule 10b5-1 plan

3 terms

beneficial ownership regulatory

"fell below 10% beneficial ownership"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Section 16 regulatory

"no longer subject to Section 16"

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

Rule 10b5-1 plan regulatory

"No Rule 10b5-1 plan is reported"

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many FBYD shares did Tillman's Corner Trust sell, and at what price?

Tillman's Corner Trust sold 2,431,732 shares of FBYD Class A common stock at $8.90 per share on October 12, 2026. The trust directly held 0 shares following the transaction, and no Rule 10b5-1 plan is reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/20/2026 - 12:48 PM EDT Accepted by SEC EDGAR 10/20/2026 - 12:48 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tillman's Corner Trust

(Last) (First) (Middle)

3420 PUMP RD #356

(Street)

HENRICO VIRGINIA 23233

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Falcon's Beyond Global, Inc. [ FBYD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Former 10% Holder

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	10/12/2026		S(1)		2,431,732	D	(1)	0(1)	D(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On October 12, 2026, Tillman's Corner Trust sold 2,431,732 shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock") of Falcon's Beyond Global, Inc. (the "Issuer") at a price of $8.90 per share. The reporting person is no longer subject to Section 16 of the Securities Exchange Act of 1934, as amended. Tillman's Corner Trust fell below 10% beneficial ownership of the Issuer's Class A Common Stock on December 18, 2025.

2. Represents securities held by Tillman's Corner Trust, of which Christine E. Zellar-Church is the trustee.

Remarks:

Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Exchange Act, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

	Tillman's Corner Trust By: /s/ Christine E. Zellar-Church, Name: Christine E. Zellar-Church, Title: Trustee	10/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)