Five Point director granted 15,779-share award

Director Kathleen Brown received a 2026 service equity award of restricted Class A shares that vests in early 2027.

Rhea-AI Filing Summary

Five Point Holdings, LLC (symbol: FPH) is the issuer of record for a Form 4 filing submitted to the SEC. Brown Kathleen reported acquisition or exercise transactions in this Form 4 filing.

Five Point Holdings, LLC (FPH) reported that director Kathleen Brown received a grant of 15,779 Class A common shares on September 9, 2026 as an award for 2026 service under the company’s long-term incentive plan. These are restricted shares that will vest on January 4, 2027, contingent on her continued service, bringing her direct holdings to 151,483 Class A shares.

Insider Trade Summary

Grant/Award: 15,779 shares

Grant/Award 1 txn

Insider Brown Kathleen

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A common shares F1	15,779	$0.00	$0.00

Holdings After Transaction: Class A common shares — 151,483 shares (Direct)

Footnotes (1)

1. F1. This award is for 2026 service and was granted pursuant to the Issuer's long-term incentive plan. The Reporting Person was granted restricted shares that will vest on January 4, 2027, subject to the Reporting Person's continued service with the Issuer through such vesting date.

Key Figures

Restricted shares granted: 15,779 shares Shares owned after transaction: 151,483 shares Grant price per share: $0.00 per share +1 more

4 metrics

Restricted shares granted 15,779 shares Equity award for 2026 service granted on September 9, 2026

Shares owned after transaction 151,483 shares Direct Class A common shares held by Kathleen Brown following the award

Grant price per share $0.00 per share Reported value for the restricted Class A common share award

Vesting date January 4, 2027 Date when the 15,779 restricted shares are scheduled to vest

Key Terms

restricted shares, long-term incentive plan, vest

3 terms

restricted shares financial

"The Reporting Person was granted restricted shares that will vest on January 4, 2027"

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

long-term incentive plan financial

"was granted pursuant to the Issuer's long-term incentive plan"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

vest financial

"shares that will vest on January 4, 2027, subject to the Reporting Person's continued service"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Five Point Holdings (FPH) report for Kathleen Brown?

FPH reported that director Kathleen Brown received a grant of 15,779 Class A common shares on September 9, 2026 as a stock-based award for 2026 service under the company’s long-term incentive plan.

How many Five Point Holdings (FPH) shares does Kathleen Brown hold after this grant?

After the reported equity award, Kathleen Brown directly holds 151,483 Class A common shares of Five Point Holdings, LLC.

What type of shares did Kathleen Brown receive from FPH and at what price?

Kathleen Brown received 15,779 restricted Class A common shares from FPH at a reported price of $0.00 per share, reflecting a compensatory grant rather than a market purchase.

When do Kathleen Brown’s new FPH restricted shares vest?

The 15,779 restricted shares granted to Kathleen Brown will vest on January 4, 2027, provided she continues to serve with Five Point Holdings, LLC through that vesting date.

Was the Kathleen Brown Form 4 transaction under a Rule 10b5-1 plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked, and the footnote describes the award as a grant for 2026 service under FPH’s long-term incentive plan, not as a trade under a Rule 10b5-1 plan.

What plan governs the restricted share grant to Kathleen Brown at FPH?

The restricted share award to Kathleen Brown was granted pursuant to Five Point Holdings, LLC’s long-term incentive plan and is described as an award for 2026 service.

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

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Available on EDGAR 09/11/2026 - 04:49 PM EDT Accepted by SEC EDGAR 09/11/2026 - 04:48 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Brown Kathleen

(Last) (First) (Middle)

C/O MANATT, PHELPS & PHILLIPS, LLP

11355 W. OLYMPIC BLVD.

(Street)

LOS ANGELES CALIFORNIA 90064

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Five Point Holdings, LLC [ FPH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A common shares	09/09/2026		A		15,779(1)	A	$0	151,483	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This award is for 2026 service and was granted pursuant to the Issuer's long-term incentive plan. The Reporting Person was granted restricted shares that will vest on January 4, 2027, subject to the Reporting Person's continued service with the Issuer through such vesting date.

Remarks:

	/s/ Mike Alvarado, as attorney-in-fact	09/11/2026
	** Signature of Reporting Person	Date
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)