FIG stock (FIG) insider files Form 144 to sell 15,000 shares
Rhea-AI Filing Summary
A Form 144 notice discloses a proposed sale of 15,000 shares of common stock held by a trust that received the shares from settlor Kris Rasmussen through estate planning transfers on 12/13/2018. The shares are to be sold through Morgan Stanley Smith Barney LLC, with an aggregate market value of 541,050.00, 415,909,379 common shares outstanding, an approximate sale date of 12/15/2025, and listing on the NYSE.
The filing also lists multiple sales of the issuer’s common stock over the past three months by Kristopher Rasmussen and related irrevocable trusts under Rule 10b5-1 trading plans, including 150,000 shares sold on 11/10/2025 for gross proceeds of 6,519,870.00 and 150,000 shares sold on 12/03/2025 for gross proceeds of 5,506,968.00.
Positive
- None.
Negative
- None.
FAQ
What does the FIG Form 144 filing report?
The Form 144 reports a planned sale of 15,000 shares of common stock held by a trust, to be sold through Morgan Stanley Smith Barney LLC on or about 12/15/2025 on the NYSE.
How much stock is the trust planning to sell in the FIG Form 144?
The trust plans to sell 15,000 common shares, with an aggregate market value of 541,050.00 as disclosed in the Form 144.
How and when were the FIG shares being sold originally acquired?
The 15,000 common shares were acquired on 12/13/2018 through estate planning transfers from the settlor of the trust, Kris Rasmussen, with the shares held for the account of that trust.
How many FIG common shares are outstanding according to this filing?
The Form 144 states that there are 415,909,379 common shares outstanding at the time of the notice, providing context for the size of the proposed 15,000-share sale.
What recent FIG stock sales by Kris Rasmussen and related trusts are disclosed?
The filing lists multiple sales over the past three months by Kristopher Rasmussen and related irrevocable trusts, including 150,000 shares sold on 11/10/2025 for gross proceeds of 6,519,870.00 and another 150,000 shares sold on 12/03/2025 for gross proceeds of 5,506,968.00 under Rule 10b5-1 trading plans.
What is the role of Rule 10b5-1 in the FIG insider stock sales?
Several of the recent transactions are identified as 10b5-1 sales, indicating they were executed under pre-established trading plans intended to allow insiders, including Kristopher Rasmussen and related trusts, to sell shares according to predetermined instructions.