Five Point (NYSE: FPH) executive settles 36,423 RSUs; shares withheld for taxes

Rhea-AI Filing Summary

Five Point Holdings, LLC executive Kim Tobler reported routine equity compensation activity involving restricted share units and Class A common shares. On March 8, 2026, Tobler exercised 36,423 restricted share units into 36,423 Class A common shares as part of a scheduled vesting. A portion of these shares, 18,533 Class A common shares at $5.44 per share, was withheld by the company to cover tax obligations, and no shares were sold by Tobler. Following these transactions, Tobler directly holds 53,526 Class A common shares and also has 28,971 Class A common shares held indirectly by The Tobler Family Trust dated February 6, 2009. The restricted share unit award was originally granted on March 8, 2024, with 36,423 units vesting on each of March 8, 2025 and March 8, 2026, and the remaining unvested units scheduled to vest on March 8, 2027, assuming continued employment through that date.

Insights

Equity compensation and insider-transactions analyst

Routine RSU vesting with tax withholding, no open-market trading.

The filing shows Kim Tobler settling 36,423 restricted share units into Class A common shares on a scheduled vesting date. This is standard equity compensation, not an open-market purchase or sale, and aligns with the original award terms granted on March 8, 2024.

Of the vested shares, 18,533 were withheld at $5.44 per share to satisfy tax obligations, which is a common mechanism for executives. Footnote language clarifies that no shares were sold by Tobler, so there is no discretionary trading signal in this activity.

After these transactions, Tobler directly holds 53,526 Class A common shares and has an additional 28,971 shares held by The Tobler Family Trust dated February 6, 2009. Remaining restricted share units are scheduled to vest on March 8, 2027, contingent on continued employment, indicating an ongoing equity-based incentive structure.

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

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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^*

Tobler Kim

(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		36,423	A	(1)	72,059	D
Class A common shares	03/08/2026		F		18,533(2)	D	$5.44	53,526	D
Class A common shares								28,971	I	By trust(3)

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	(4)	03/08/2026		M			36,423	(5)	(5)	Class A common shares	36,423	$0	1,012,334	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. The Class A common shares of the Company are owned by The Tobler Family Trust dated February 6, 2009.

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

5. This award was granted on March 8, 2024. 36,423 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.

Remarks:

Chief Financial Officer, Treasurer and Vice President

	/s/ Mike Alvarado, as attorney-in-fact	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did Five Point Holdings (FPH) executive Kim Tobler report in this Form 4?

Kim Tobler reported settlement of 36,423 restricted share units into Class A common shares on March 8, 2026. This reflects scheduled vesting from a 2024 equity award, rather than open-market buying or selling of Five Point Holdings (FPH) stock.

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

No shares were sold by Kim Tobler. The filing explains that 18,533 Class A common shares were withheld by the company at $5.44 per share solely to satisfy tax withholding obligations related to the restricted share unit settlement.

How many Five Point Holdings (FPH) shares does Kim Tobler hold after these transactions?

After the reported transactions, Kim Tobler directly holds 53,526 Class A common shares of Five Point Holdings (FPH). In addition, 28,971 Class A common shares are held indirectly through The Tobler Family Trust dated February 6, 2009.

What are the vesting terms of Kim Tobler’s restricted share unit award at Five Point Holdings (FPH)?

The award was granted on March 8, 2024. Under its terms, 36,423 restricted share units vested on March 8, 2025 and March 8, 2026, with remaining unvested units scheduled to vest on March 8, 2027, assuming continued employment.

Does this Five Point Holdings (FPH) Form 4 indicate insider buying or selling in the market?

The Form 4 does not show open-market buying or selling. It reflects exercise and settlement of restricted share units and share withholding for taxes, which are routine compensation-related transactions rather than discretionary market trades.

What is the tax withholding transaction reported for Five Point Holdings (FPH) executive Kim Tobler?

The filing reports a tax-withholding transaction coded “F” for 18,533 Class A common shares at $5.44 per share. These shares were retained by the company to cover tax obligations arising from settlement of previously granted restricted share units.