Forbright (FRBT) director Eric Brandon Hoffman discloses 40 Class A shares on Form 3
Rhea-AI Filing Summary
Forbright, Inc. director Eric Brandon Hoffman filed an initial Form 3 reporting his ownership in the company. The filing shows he holds 40 shares of Forbright Class A Common Stock as of the reported date, establishing his baseline direct equity position as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HOFFMAN ERIC BRANDON
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 40 shares (Direct)
Key Figures
Shares owned: 40 shares
1 metrics
Shares owned
40 shares
Class A Common Stock reported on Form 3
Key Terms
Class A Common Stock, Form 3, beneficial ownership
3 terms
Class A Common Stock financial
"security_title: "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.
Form 3 regulatory
"INSIDER FILING DATA (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.
beneficial ownership regulatory
"initial Form 3 reporting his ownership in the company"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Eric Brandon Hoffman's Form 3 filing for Forbright (FRBT) report?
The Form 3 filing reports that director Eric Brandon Hoffman beneficially owns 40 shares of Forbright Class A Common Stock. This establishes his initial disclosed ownership position as an insider at the time he became subject to reporting requirements.
Is Eric Brandon Hoffman a director of Forbright (FRBT) according to the Form 3?
Yes, the Form 3 identifies Eric Brandon Hoffman as a director of Forbright, Inc. Directors are required to report their beneficial ownership of company equity when they become subject to insider reporting obligations under U.S. securities rules.
Does the Forbright (FRBT) Form 3 show any insider buying or selling activity?
No, the Form 3 reflects only an initial ownership position of 40 shares of Class A Common Stock. It does not disclose any specific buy or sell transactions, just the baseline number of shares beneficially owned by the director.
What type of security is reported on Eric Brandon Hoffman's Forbright (FRBT) Form 3?
The Form 3 reports ownership of Forbright Class A Common Stock. This is the company’s common equity class referenced in the filing, with 40 shares shown as directly owned by director Eric Brandon Hoffman at the reporting date.