FIG (FIG) insider Praveer Melwani files to sell 381,288 common shares
Rhea-AI Filing Summary
FIG insider Praveer Melwani filed to potentially sell 381,288 shares of common stock through Morgan Stanley Smith Barney LLC’s Executive Financial Services, with the transaction dated July 29, 2026 following an exercise of stock options. The filing also lists prior Rule 144 sales in the past three months under a Rule 10b5-1 trading plan.
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Key Figures
Planned shares to be sold: 381,288 shares
Recent 10b5-1 sale 1: 30,460 shares for $623,893.90
Recent 10b5-1 sale 2: 83,974 shares for $1,911,911.63
+1 more
4 metrics
Planned shares to be sold
381,288 shares
Common stock associated with an exercise of stock options dated July 29, 2026
Recent 10b5-1 sale 1
30,460 shares for $623,893.90
Common stock sold on July 6, 2026 under a Rule 10b5-1 plan
Recent 10b5-1 sale 2
83,974 shares for $1,911,911.63
Common stock sold on June 3, 2026 under a Rule 10b5-1 plan
Planned transaction date
07/29/2026
Date associated with the potential sale of 381,288 shares
Key Terms
Form 144, Exercise of Stock Options, 10b5-1
3 terms
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.
Exercise of Stock Options financial
"Common | 07/29/2026 | Exercise of Stock Options | Issuer"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the FIG Form 144 filing by Praveer Melwani disclose?
The filing discloses a potential sale of 381,288 shares of FIG common stock related to an exercise of stock options dated July 29, 2026, arranged through Morgan Stanley Smith Barney LLC’s Executive Financial Services platform.
What is the size of the planned FIG stock sale in this Form 144?
The planned transaction involves up to 381,288 shares of FIG common stock. This amount is tied to an exercise of stock options with a stated transaction date of July 29, 2026 and cash settlement noted.
Is the FIG Form 144 sale associated with a Rule 10b5-1 trading plan?
The filing notes prior 10b5-1 sales for Praveer Melwani, including transactions on June 3 and July 6, 2026. The described past sales were executed under a Rule 10b5-1 trading plan structure.
Which broker is handling the potential FIG stock sale in this Form 144?
The potential sale of 381,288 FIG common shares is listed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.