Insider sale notice — FRAF (Nasdaq: FRAF) lists 1,226 and 174 shares

Rhea-AI Filing Summary

FRAF submitted a Form 144 notice reporting proposed sales of common stock tied to prior equity awards. The excerpt lists 1,226 shares from a cashless exercise dated 12/17/2024 and 174 shares from restricted stock units that vested on 03/02/2026. The filing date shown is 05/18/2026, and the securities are listed on Nasdaq.

Insights

Securities Attorney

Form 144 records proposed resale of equity from option exercise and RSU vesting.

The notice lists a cashless exercise producing 1,226 shares (date 12/17/2024) and RSU vesting of 174 shares (date 03/02/2026). A Form 144 is a regulatory notice of intent to sell and does not itself effect a sale.

Timing and execution mechanics are not shown in the excerpt; proceeds recipient and any broker/placement method are not specified. Subsequent transaction reports or broker records would show whether and when these shares were actually sold.

Key Figures

Form 144 filing date: 05/18/2026 Shares from cashless exercise: 1,226 shares Shares from RSU vesting: 174 shares

3 metrics

Form 144 filing date 05/18/2026 listed filing/record date in excerpt

Shares from cashless exercise 1,226 shares exercise date <date>12/17/2024</date>

Shares from RSU vesting 174 shares vesting date <date>03/02/2026</date>

Key Terms

Form 144, cashless exercise, restricted stock unit vest

3 terms

Form 144 regulatory

"Filer Information | | | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

cashless exercise financial

"cashless exercise common | 03/02/2026"

A cashless exercise is a way for an option holder to convert stock options into actual shares without paying the purchase price in cash; instead they immediately give up a portion of the newly issued shares to cover the cost and any withholding taxes. Investors care because this process increases the number of shares available and can slightly dilute existing holdings, while also signaling how insiders or employees are realizing compensation without needing cash — similar to paying for a purchase by handing over part of what you just bought.

restricted stock unit vest financial

"restricted stock unit vest | Issuer | | | 174 | 03/02/2026"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
common	Computershare 150 Royall Street Canton MA 02021	1400	78120.00	4493032	05/18/2026	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
common	12/17/2024	exercise of stock option	Issuer			1226	12/17/2024	cashless exercise
common	03/02/2026	restricted stock unit vest	Issuer			174	03/02/2026	compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the FRAF Form 144 report?

It reports a proposed resale of common stock tied to equity awards. The excerpt lists 1,226 shares from a cashless option exercise and 174 shares from RSU vesting, with dates 12/17/2024 and 03/02/2026.

Does the Form 144 mean the shares were sold for FRAF?

No. A Form 144 is a notice of intent to sell, not proof of sale. This excerpt shows the proposed quantities; actual sale execution and proceeds are reported separately in transaction filings or broker records.

Who is listed as the recipient or broker on the FRAF excerpt?

The excerpt shows an agent address for Computershare and lists Nasdaq as the market; no explicit broker sale method or purchaser is named in the provided lines.

What dates are relevant in the FRAF excerpt?

Key dates shown are the equity event dates 12/17/2024 (exercise) and 03/02/2026 (RSU vest), and the filing/record date 05/18/2026 as listed in the excerpt.