Estate-linked FDBC (NASDAQ: FDBC) plans Rule 144 sale of 500,000 shares

Rhea-AI Filing Summary

A holder of FDBC common stock has filed a notice of intent to sell 500,000 shares of common stock under Rule 144, with an approximate sale date of 02/05/2026 on the NASDAQ market. The securities table lists 5,767,286 shares of common stock outstanding.

Part of the position, 140,938 common shares without par value, was acquired on 01/08/2026 through the filer’s appointment as co‑executor of the Estate of Mary E. McDonald. The form includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer’s current or prospective operations.

Positive

• None.

Negative

• Planned large secondary sale by affiliated holder: Notice of intent to sell 500,000 FDBC common shares under Rule 144, a sizable block relative to the 5,767,286 shares listed as outstanding, may create selling pressure depending on execution.

Insights

Equity capital markets analyst

Large Rule 144 sale planned from estate-related holdings.

The filing signals an intended sale of 500,000 FDBC common shares under Rule 144 on the NASDAQ, with 5,767,286 shares listed as outstanding. This is a sizable block relative to the company’s share count and comes from an affiliated holder, not the issuer itself.

Of the position, 140,938 common shares were obtained on 01/08/2026 via appointment as co‑executor of the Estate of Mary E. McDonald, indicating estate-related portfolio management rather than a primary capital raise. Actual market impact will depend on how and when these shares are placed around the indicated 02/05/2026 sale date.

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

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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 Stock	See Remarks See Remarks See Remarks PA 18512	10414	500000.00	5767286	02/05/2026	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 Stock, without Par Value	01/08/2026	Appointment as co-executor of the Estate of Mary E. McDonald see Remarks	Estate of Mary E. McDonald			140938	02/05/2026	N/A

* 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

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the FDBC Rule 144 filing disclose about planned share sales?

The filing discloses an intent to sell 500,000 shares of FDBC common stock under Rule 144, with an approximate sale date of 02/05/2026 on the NASDAQ exchange. It also lists 5,767,286 common shares as outstanding.

Who holds the FDBC shares being sold under this Rule 144 notice?

The shares are held for the account of a person linked to the Estate of Mary E. McDonald. The filing notes that 140,938 common shares were acquired on 01/08/2026 when the filer was appointed co‑executor of that estate.

How many FDBC shares are outstanding compared with the planned Rule 144 sale?

The Rule 144 table lists 5,767,286 FDBC common shares outstanding. The notice covers a proposed sale of 500,000 common shares, indicating a significant block trade relative to the issuer’s listed outstanding share count in the document.

On which exchange and when are the FDBC shares expected to be sold?

The filing states that the 500,000 FDBC common shares are expected to be sold on the NASDAQ exchange, with an approximate sale date of 02/05/2026. This timing is presented as an estimate within the Rule 144 notice.

How were some of the FDBC shares in this Rule 144 filing acquired?

The document shows that 140,938 common shares without par value were acquired on 01/08/2026 through the filer’s appointment as co‑executor of the Estate of Mary E. McDonald, rather than by a cash purchase transaction.

Does the FDBC seller make any representations about inside information?

Yes. By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, consistent with the standard Rule 144 representation language.