FIG (NYSE: FIG) insider sells 327,046 shares under 10b5-1 plans
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
FIG insiders reported planned and recent sales of Common Stock via Form 144. The filing lists a proposed sale of 5,000 shares held for the account of a trust (acquired 12/13/2018) through Morgan Stanley Smith Barney LLC. It also discloses 10b5-1 planned sales executed: 240,000 shares and 87,046 shares by Kristopher Rasmussen on 05/19/2026, and three trust sales of 10,000 shares each on 05/15/2026.
Positive
- None.
Negative
- None.
Key Figures
Proposed sale: 5,000 shares
Kristopher Rasmussen sale 1: 240,000 shares
Kristopher Rasmussen sale 2: 87,046 shares
+2 more
5 metrics
Proposed sale
5,000 shares
to be sold for account of trust; acquired 12/13/2018
Kristopher Rasmussen sale 1
240,000 shares
executed 10b5-1 sale on 05/19/2026 for $6,019,236.00
Kristopher Rasmussen sale 2
87,046 shares
executed 10b5-1 sale on 05/19/2026 for $2,180,260.10
Trust sales (each)
10,000 shares
each sold on 05/15/2026 for $230,000.00 (three irrevocable trusts)
Aggregate executed sales (May 2026)
327,046 shares
sum of disclosed executed sales on 05/15–05/19/2026
Key Terms
10b5-1, Form 144, Irrevocable Trust, Estate Planning Transfers
4 terms
10b5-1 regulatory
"10b5-1 Sales for KRISTOPHER RASMUSSEN ..."
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Irrevocable Trust financial
"OLIVIA MAE RASMUSSEN IRREV TRUST U/A DTD 05/16/2025"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
Estate Planning Transfers other
"Estate Planning Transfers | Acquired from the Settlor of the Trust"
FAQ
What sales does FIG's Form 144 list for Kristopher Rasmussen?
The filing shows Kristopher Rasmussen sold 240,000 shares for $6,019,236.00 on 05/19/2026 and 87,046 shares for $2,180,260.10 on the same date, executed under 10b5-1 sales plans.
Which trusts executed sales and what were the amounts in the Form 144?
The filing reports three trust transactions: each trust sold 10,000 shares for $230,000.00 on 05/15/2026, identified as irrevocable trusts dated 05/16/2025, executed as 10b5-1 sales.
When were the securities proposed to be sold originally acquired?
The 5,000 shares proposed for sale were acquired on 12/13/2018 via estate planning transfers from the settlor, Kris Rasmussen, according to the Form 144 filing.
Were the sales reported as 10b5-1 plan transactions?
Yes. The Form 144 explicitly labels the recent executed sales as 10b5-1 Sales for Kristopher Rasmussen and for the named irrevocable trusts, with execution dates in May 2026.