Forbright (FRBT) director Steven Shafran reports 35 Class A shares on Form 3
Rhea-AI Filing Summary
Forbright, Inc. director Steven M. Shafran filed an initial ownership report on Form 3. The filing shows he directly holds 35 shares of Class A Common Stock of Forbright, Inc. This is a baseline disclosure of his equity position as a company insider.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shafran Steven M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 35 shares (Direct)
Key Figures
Shares owned: 35 shares
1 metrics
Shares owned
35 shares
Class A Common Stock held directly after reported date
Key Terms
Form 3, Class A Common Stock, beneficially owned
3 terms
Form 3 regulatory
"director Steven M. Shafran filed an initial ownership report on Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Class A Common Stock financial
"The filing shows he directly holds 35 shares of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
beneficially owned financial
"This figure reflects total shares beneficially owned following the reported position"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Forbright (FRBT) director Steven M. Shafran report on this Form 3?
Steven M. Shafran reports his initial ownership position in Forbright on Form 3. The filing shows he directly holds 35 shares of Class A Common Stock, establishing a baseline of his equity stake as a company director.
Is Steven M. Shafran’s Form 3 for Forbright (FRBT) a buy or sell transaction?
The Form 3 is an initial ownership filing, not a buy or sell transaction. It classifies the entry as a holding, with 35 Class A Common Stock shares reported as owned directly after the reporting date for baseline disclosure.
What type of security does Steven M. Shafran report owning in Forbright (FRBT)?
He reports ownership of Forbright’s Class A Common Stock. The Form 3 lists a total of 35 Class A Common Stock shares held directly after the reported date, with no derivative securities disclosed in this filing.
Does the Forbright (FRBT) Form 3 show any derivative or option positions for Steven M. Shafran?
No derivative or option positions are listed for Steven M. Shafran in this Form 3. The filing only reports 35 shares of Class A Common Stock held directly, with the derivative summary section showing no outstanding derivative securities.