Five Point (FPH) Form 4: unit redemption to 1,109,172 Class A
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Five Point Holdings (FPH): insider ownership update. On 10/13/2025, Doni, Inc., an entity attributed to the reporting person, redeemed 3,137,134 Class A units of Five Point Operating Company, LP and received 1,109,172 Class A common shares of the issuer. Under the partnership’s dilution provisions, 2,027,962 Class A units were returned to the Operating Company. In a related step, an equal number of Class B common shares converted into Class A common shares at a 0.0003 ratio, adding 941 Class A shares. Following these transactions, 1,110,113 Class A common shares were beneficially owned indirectly by Doni, Inc.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,274,268 shares exercised/converted
Mixed
5 txns
Insider
Haddad Emile
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Class A units of Five Point Operating Company, LP | 3,137,134 | $0.00 | -- |
| Exercise | Class B common shares | 3,137,134 | $0.00 | -- |
| Exercise | Class A common shares | 1,109,172 | $0.00 | -- |
| Exercise | Class A common shares | 941 | $0.00 | -- |
| holding | Class A common shares | -- | -- | -- |
Holdings After Transaction:
Class A units of Five Point Operating Company, LP — 0 shares (Indirect, By Doni, Inc.);
Class B common shares — 0 shares (Indirect, By Doni, Inc.);
Class A common shares — 1,109,172 shares (Indirect, By Doni, Inc.);
Class A common shares — 1,253,105 shares (Direct)
Footnotes (1)
- Under the Limited Partnership Agreement of Five Point Operating Company, LP (the "Operating Company"), holders of Class A units of the Operating Company may exchange such Class A units for Class A common shares of the Issuer on a one-for-one basis or for cash, at the option of the Issuer. Doni, Inc. redeemed its 3,137,134 Class A units of the Operating Company , and in exchange therefor, Doni, Inc. received 1,109,172 Class A common shares of the Issuer. The remaining 2,027,962 Class A units owned by Doni, Inc. were returned to the Operating Company in accordance with the dilution provisions of the Operating Company's partnership agreement. The Operating Company's Class A units and the Issuer's Class A common shares and Class B common shares are owned by Doni, Inc. On the basis of Mr. Haddad's relationship with Doni, Inc., he may be deemed to beneficially own the units and shares held by Doni, Inc. Mr. Haddad disclaims beneficial ownership of these units and shares except to the extent of his pecuniary interest therein. Upon the redemption of Doni, Inc.'s Class A units of the Operating Company, an equal number of Class B common shares converted into Class A common shares of the Issuer at a conversion ratio of 0.0003 Class A common shares for each Class B common share.
FAQ
What did FPH’s insider report on Form 4?
A redemption of 3,137,134 Class A units for 1,109,172 Class A common shares, plus 941 Class A shares from Class B conversion.
When did the transactions occur for FPH (FPH)?
The transactions took place on 10/13/2025.
What happened to the remaining Operating Company Class A units?
A total of 2,027,962 Class A units were returned under dilution provisions.
What is the indirect beneficial ownership after the transactions?
Indirect beneficial ownership stood at 1,110,113 Class A common shares by Doni, Inc.
Were the holdings reported as direct or indirect?
The reported Class A common shares were held indirectly by Doni, Inc.