STOCK TITAN

FIG (FIG) insider and family trusts plan sale of 261,301 shares via Form 144

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

FIG investors are informed that a stockholder has filed to potentially sell up to 261,301 shares of common stock, with an indicated aggregate market value of $6,370,518.38, through Morgan Stanley Smith Barney LLC on the NYSE. The filing notes 445,682,595 shares outstanding as of July 29, 2026; this is a baseline figure, not the amount being sold.

The shares to be sold include stock from previously exercised stock options dated June 23, 2021 and restricted stock units dated June 1, 2026. Over the past three months, several related parties, including trusts for Olivia Mae, Grace Harper, and Isla Rose Rasmussen and Kristopher Rasmussen, completed multiple Rule 10b5-1 plan sales, such as 240,000 shares for $6,019,236.00 and 87,046 shares for $2,180,260.10, plus smaller trust sales on various July and May 2026 dates.

Positive

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Shares to be sold 261,301 shares Maximum FIG common stock covered by the Form 144 notice
Aggregate market value $6,370,518.38 Indicated value of the 261,301 FIG shares covered by the notice
Shares outstanding 445,682,595 shares FIG common shares outstanding as of July 29, 2026
Large 10b5-1 sale 240,000 shares for $6,019,236.00 Kristopher Rasmussen sale on May 19, 2026
Additional 10b5-1 sale 87,046 shares for $2,180,260.10 Kristopher Rasmussen sale on May 19, 2026
Trust sales July 15, 2026 5,000 shares for $119,809.50 each Per Rasmussen trust under Rule 10b5-1 plan
Trust sales May 15, 2026 10,000 shares for $230,000.00 each Per Rasmussen trust under Rule 10b5-1 plan
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.
Rule 10b5-1 regulatory
"10b5-1 Sales for OLIVIA MAE RASMUSSEN IRREV TRUST U/A DTD 05/16/2025"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Previously Exercised Stock Options financial
"Common | 06/23/2021 | Previously Exercised Stock Options | Issuer"
Restricted Stock Units financial
"Common | 06/01/2026 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
irrevocable trust financial
"IRREV TRUST U/A DTD 05/16/2025 760 Market Street"
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.

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

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FAQ

What does the Form 144 filing for FIG disclose?

The filing discloses a proposed sale of up to 261,301 FIG common shares, with an indicated aggregate market value of $6,370,518.38, to be executed through Morgan Stanley Smith Barney LLC on the NYSE.

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

The Form 144 states that 445,682,595 FIG common shares were outstanding as of July 29, 2026, providing context for the scale of the proposed sale relative to total shares.

What types of FIG equity awards are involved in the planned sales?

The planned sales involve FIG shares originating from previously exercised stock options dated June 23, 2021 and restricted stock units dated June 1, 2026, both issued by the company to the reporting person.

What smaller FIG share sales did the Rasmussen trusts execute?

On July 15, 2026, each Rasmussen trust sold 5,000 FIG shares for $119,809.50, and on July 7, 2026, each sold 5,000 shares for $115,000.00, under Rule 10b5-1 plans.

What FIG share sales occurred on May 15, 2026 under the trusts?

On May 15, 2026, each of the three Rasmussen irrevocable trusts sold 10,000 FIG shares for $230,000.00, reflecting additional Rule 10b5-1 plan sales during the three-month look-back period.

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