STOCK TITAN

Firy Inc. (FIRY) CAO gets 12,610 shares as RSUs fully vest

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Firy Inc. Chief Accounting Officer Todd A. Valli had restricted stock units fully vest on July 14, 2026, converting 12,610 units into Class A common stock. 2,958 shares were withheld to cover tax obligations, leaving him with 11,203 shares held directly after the withholding transaction.

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Insider VALLI TODD A.
Role Chief Accounting Officer
Type Security Shares Price Value
Exercise Restricted Stock Unit F3, F4 12,610 $0.00 $0.00
Exercise Class A common stock F1 12,610 $0.00 $0.00
Tax Withholding Class A common stock F2 2,958 $8.44 $25K
Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct); Class A common stock — 11,203 shares (Direct)
Footnotes (4)
  1. F1. The restricted stock units settled in Class A common stock of the Company on July 14, 2026.
  2. F2. Represents shares withheld for payment of withholding taxes in connection with vesting of restricted stock unit awards.
  3. F3. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock.
  4. F4. 100% of the restricted stock unit grant vested on July 14, 2026.
RSUs converted to Class A common stock 12610.0000 shares Restricted stock units settled on July 14, 2026 into Class A common stock
Shares withheld for taxes 2958.0000 shares Shares withheld to pay withholding taxes upon RSU vesting
Direct holdings after withholding 11203.0000 shares Directly held Firy Class A common stock following the tax-withholding disposition
Implied share value for withholding 8.4400 per share Price per share used in the tax-withholding disposition of 2,958 shares
Restricted Stock Unit financial
"The restricted stock units settled in Class A common stock of the Company"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
withholding taxes financial
"Represents shares withheld for payment of withholding taxes in connection with vesting"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
derivative security financial
"Transaction code M is described as an exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Class A common stock financial
"Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

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

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FAQ

What insider equity event did Firy (FIRY) report for Todd A. Valli?

Firy reported that Chief Accounting Officer Todd A. Valli had 12,610 restricted stock units settle into Class A common stock on July 14, 2026, with 2,958 shares withheld to satisfy tax obligations and 11,203 shares reported as directly held afterward.

How many Firy (FIRY) shares did Todd A. Valli receive from RSU vesting?

Todd A. Valli received 12,610 shares of Firy Class A common stock upon the vesting and settlement of restricted stock units. Each restricted stock unit represented a contingent right to receive one share of the company’s Class A common stock at settlement.

How many Firy (FIRY) shares were withheld for taxes in this Form 4?

The disclosure shows that 2,958 shares of Firy Class A common stock were withheld to pay withholding taxes in connection with the vesting of restricted stock unit awards, rather than being sold in an open-market transaction.

What is Todd A. Valli’s direct Firy (FIRY) shareholding after these transactions?

After the tax-withholding transaction, Todd A. Valli is reported as directly holding 11,203 shares of Firy Class A common stock. This figure reflects his direct ownership immediately following the withholding of shares to cover tax obligations.

What does each restricted stock unit of Firy (FIRY) represent?

Each Firy restricted stock unit represents a contingent right to receive one share of the company’s Class A common stock. Upon vesting and settlement, the units convert into an equivalent number of Class A common shares.

Did any of Todd A. Valli’s Firy (FIRY) restricted stock units remain unvested?

No. The disclosure states that 100% of the restricted stock unit grant vested on July 14, 2026, and the RSU position following the transaction is shown as 0 units remaining from that grant.

Was the disposition of Firy (FIRY) shares by Todd A. Valli an open-market sale?

The reported disposition involved 2,958 shares withheld for payment of withholding taxes related to RSU vesting. The description indicates a tax-withholding disposition, not an open-market sale to third-party buyers.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
VALLI TODD A.

(Last)(First)(Middle)
C/O FIRY INC.
6625 BADURA AVENUE

(Street)
LAS VEGAS NEVADA 89118

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Firy Inc. [ FIRY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A common stock07/14/2026M(1)12,610A$014,161D
Class A common stock07/14/2026F(2)2,958D$8.4411,203D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(3)07/14/2026M12,610 (4) (4)Class A common stock12,610$00D
Explanation of Responses:
1. The restricted stock units settled in Class A common stock of the Company on July 14, 2026.
2. Represents shares withheld for payment of withholding taxes in connection with vesting of restricted stock unit awards.
3. Each restricted stock unit represents a contingent right to receive one share of the Company's Class A common stock.
4. 100% of the restricted stock unit grant vested on July 14, 2026.
Remarks:
/s/ Erik Swanson, Attorney-in-Fact07/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)