STOCK TITAN

Praveer Melwani sells 83,974 FIG shares under 10b5-1 (FIG)

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

Rhea-AI Filing Summary

Praveer Melwani submitted a Form 144 notice regarding the disposition of Common Stock. The filing lists a 10b5-1 sale on 06/03/2026 of 83,974 shares for $1,911,911.63. The filing also shows 30,460 Restricted Stock Units dated 12/01/2025 associated with the issuer entry. The filing reflects sales reported under Rule 144 and related broker/issuer information.

Positive

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Negative

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Insights

Routine Rule 144 resale notice with a 10b5-1 sale reported.

The filing records a 10b5-1 sale by Praveer Melwani of 83,974 shares on 06/03/2026 producing $1,911,911.63. The notice also lists 30,460 Restricted Stock Units dated 12/01/2025.

These entries are customary disclosures under Rule 144; timing, trading plan references, and exact proceeds recipient mechanics are stated as transactional lines without additional qualifiers in the excerpt. Subsequent filings may clarify transfer mechanics or broker details.

10b5-1 sale shares 83,974 shares 10b5-1 sale on <date>06/03/2026</date>
Aggregate proceeds $1,911,911.63 Proceeds reported for the 06/03/2026 10b5-1 sale
Restricted Stock Units 30,460 shares (RSUs) Listed with date <date>12/01/2025</date>
10b5-1 regulatory
"10b5-1 Sales for PRAVEER MELWANI 760 Market Street"
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.
Restricted Stock Units financial
"Securities To Be Sold Common | 12/01/2025 | Restricted Stock Units"
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.
Rule 144 regulatory
"Form 144 notice regarding the disposition of Common Stock"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
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Learn about SEC filing dates

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 did Praveer Melwani report in the Form 144 for FIG?

He reported a 10b5-1 sale of 83,974 shares for $1,911,911.63. The filing also lists 30,460 Restricted Stock Units dated 12/01/2025 associated with the issuer entry.

When were the reported shares sold under the 10b5-1 plan?

The filing shows the 10b5-1 sale occurred on 06/03/2026 The Form 144 entry lists the sale date alongside the share count and aggregate proceeds for that transaction.

How many Restricted Stock Units are listed in the filing?

The filing lists 30,460 Restricted Stock Units dated 12/01/2025 The RSU line appears under "Securities To Be Sold" in the provided excerpt.

What aggregate proceeds are shown for the 10b5-1 sale?

The excerpt reports aggregate proceeds of $1,911,911.63 tied to the 10b5-1 sale of 83,974 shares on 06/03/2026