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Kristopher Rasmussen-linked trusts trade FIG (FIG) common shares under 10b5-1

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

FIG filed a Form 144 notice covering a planned sale of 5,000 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $112,650.00. The shares relate to an estate planning transfer involving a trust connected to Kris Rasmussen, originally acquired on 12/13/2018.

The filing notes that 415,909,379 shares of this class were outstanding and lists extensive recent Rule 10b5-1 sales of FIG common stock over the prior three months. These include multiple transactions by Kristopher Rasmussen and by three irrevocable trusts (for Olivia Mae, Grace Harper, and Isla Rose Rasmussen), each trade disclosing the number of shares sold and gross proceeds.

Positive

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Negative

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144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does FIG’s latest Form 144 filing disclose?

FIG’s Form 144 filing discloses a planned sale of 5,000 common shares, valued at $112,650.00, through Morgan Stanley Smith Barney LLC. It also details recent Rule 10b5-1 sales by Kristopher Rasmussen and related irrevocable trusts over the prior three months.

How many FIG shares are planned to be sold in this Form 144?

The Form 144 covers a proposed sale of 5,000 FIG common shares. The filing shows an aggregate market value of $112,650.00 for this block, with trades to be executed on the NYSE through Morgan Stanley Smith Barney LLC Executive Financial Services.

Who is associated with the FIG shares being sold under this Form 144?

The 5,000 FIG shares relate to an estate planning transfer involving a trust connected to Kris Rasmussen. The securities were acquired from the settlor of the trust, Kris Rasmussen, on 12/13/2018 and are being sold for the account of that trust.

What recent FIG stock sales by Kristopher Rasmussen are described?

The document lists several recent sales of FIG common stock by Kristopher Rasmussen, including multiple 10b5-1 trades. Individual transactions show blocks such as 150,000 shares and other sizable amounts, each with specified trade dates and gross proceeds in the millions of dollars.

Which trusts linked to Kris Rasmussen have sold FIG shares recently?

The filing describes Rule 10b5-1 sales for three irrevocable trusts: Olivia Mae Rasmussen, Grace Harper Rasmussen, and Isla Rose Rasmussen trusts. Each trust sold 15,000 FIG common shares on several dates, with disclosed gross proceeds typically in the $480,000–$520,000 range per transaction.

How many FIG shares are outstanding according to this Form 144?

The Form 144 states that 415,909,379 shares of the relevant FIG common stock class were outstanding. This figure serves as a baseline context for the planned 5,000-share sale and the previously executed Rule 10b5-1 transactions described in the filing.
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11.45B
400.37M
Software - Application
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United States
SAN FRANCISCO