Five Point (NYSE: FPH) officer settles RSUs, holds 642,891 shares

Rhea-AI Filing Summary

Five Point Holdings, LLC executive Daniel Hedigan reported a series of compensation-related equity transactions involving restricted share units and Class A common shares in March 2026. The Form 4 shows the exercise and settlement of performance- and time-based restricted share units into common shares, along with related tax withholding and forfeitures.

Across these entries, Hedigan exercised or settled an aggregate of 491,577 restricted share units and the company withheld 350,510 Class A common shares to cover tax obligations, as noted in the footnotes stating that no shares were sold by the reporting person. Some restricted share units were forfeited following certification of share price targets.

Following these transactions, Hedigan directly holds 642,891 Class A common shares. The filing reflects routine equity award vesting tied to milestone-based performance objectives and share price targets, rather than open‑market buying or selling.

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

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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^*

Hedigan Daniel

(Last) (First) (Middle)

C/O FIVE POINT HOLDINGS, LLC

2000 FIVEPOINT, 4TH FLOOR

(Street)

IRVINE CA 92618

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/08/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/08/2026		M		72,847	A	(1)	377,363	D
Class A common shares	03/08/2026		F		37,066(2)	D	$5.44	340,297	D
Class A common shares	03/09/2026		M		98,656	A	(1)	438,953	D
Class A common shares	03/09/2026		F		50,197(2)	D	$5.23	388,756	D
Class A common shares	03/09/2026		M		197,308	A	(3)	586,064	D
Class A common shares	03/09/2026		F		100,392(2)	D	$5.23	485,672	D
Class A common shares	03/09/2026		M		320,074	A	(4)	805,746	D
Class A common shares	03/09/2026		F		162,855(2)	D	$5.23	642,891	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
Restricted share units	(5)	03/08/2026		M			72,847	(6)	(6)	Class A common shares	72,847	$0	2,504,183	D
Restricted share units	(5)	03/09/2026		M			98,656	(7)	(7)	Class A common shares	98,656	$0	2,405,527	D
Restricted share units	(5)	03/09/2026		M			320,074	(4)	(4)	Class A common shares	320,074	$0	2,085,453	D
Restricted share units	(5)	03/09/2026		D			74,544	(8)	(8)	Class A common shares	74,544	$0	2,010,909	D

Explanation of Responses:

1. Each restricted share unit is a contingent right to receive one Class A common share. This transaction represents the settlement of restricted share units in Class A common shares on their scheduled vesting date.

2. Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the settlement of restricted share units previously granted to the reporting person. No shares were sold by the reporting person.

3. Represents restricted stock units that vested on March 9, 2026 following certification of achievement of two milestone-based performance objectives.

4. Represents restricted share units that vested based upon the satisfaction of certain share price targets during the three-year performance period ending March 9, 2026.

5. Each restricted share unit is a contingent right to receive one Class A common share.

6. This award was granted on March 8, 2024. 72,847 restricted share units subject to the award vested on each of March 8, 2025 and March 8, 2026, and the remaining unvested restricted share units are scheduled to vest on March 8, 2027, assuming continued employment through the applicable vesting date.

7. This award was granted on March 9, 2023, and the award is now fully vested.

8. Represents restricted share units that were forfeited on March 9, 2026 following certification of achievement of certain share price targets.

Remarks:

President and Chief Executive Officer

	/s/ Mike Alvarado, as attorney-in-fact	03/10/2026
	** Signature of Reporting Person	Date
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FAQ

What insider equity transactions did Five Point Holdings (FPH) report for Daniel Hedigan?

Five Point Holdings reported that Daniel Hedigan settled and exercised restricted share units into Class A common shares in March 2026. The Form 4 shows performance- and time-based RSUs vesting, associated share issuances, tax-withholding entries, and some forfeited units after achievement of specified share price targets.

Were any Five Point Holdings (FPH) shares sold by Daniel Hedigan in this Form 4?

No, the filing states that no shares were sold by Daniel Hedigan. Shares shown under code F were withheld by the company to satisfy tax obligations at prices around $5.23–$5.44 per share in connection with the settlement of previously granted restricted share units.

How many Five Point Holdings (FPH) shares does Daniel Hedigan own after these transactions?

After the reported March 2026 transactions, Daniel Hedigan directly holds 642,891 Class A common shares of Five Point Holdings. This balance reflects RSU settlements into common stock, tax-withholding share reductions, and forfeitures of certain restricted share units tied to performance conditions.

How many restricted share units did Daniel Hedigan exercise or settle in the Five Point Holdings (FPH) Form 4?

The transaction summary shows exercises or settlements of 491,577 restricted share units. These RSUs converted into Class A common shares as they vested, including awards linked to milestone-based performance objectives and share price targets measured through March 8–9, 2026.

Why were Five Point Holdings (FPH) shares withheld for taxes in this Form 4?

Shares were withheld by the company to satisfy tax withholding obligations triggered by RSU settlements. The filing notes 350,510 shares treated as tax-withholding dispositions, with footnotes clarifying this mechanism and confirming that these entries do not represent discretionary market sales by Hedigan.

What performance conditions affected Daniel Hedigan’s RSU vesting at Five Point Holdings (FPH)?

Some restricted share units vested after certification of two milestone-based performance objectives. Other RSUs vested based on achieving specified share price targets during a three-year performance period ending March 9, 2026, while a separate award includes scheduled vesting through March 8, 2027, subject to continued employment.