[144] Forge Global Holdings, Inc. SEC Filing

Rhea-AI Filing Summary

Forge Global Holdings, Inc. (FRGE) filed a Form 144 disclosing a proposed sale of 11,000 shares of its common stock through Piper Sandler & Co. The filing records an aggregate market value of $232,430 for the shares and shows 13,601,362 shares outstanding. The shares were acquired on 01/05/2024 as compensation and fully paid on that date. The filer reports no securities sold in the past three months. The approximate sale date is listed as 08/18/2025 and the transaction is planned on the NYSE. The notice includes the standard representation that the seller is unaware of undisclosed material adverse information.

Positive

• Regulatory compliance: The filer provided a timely Form 144 with broker details and an approximate sale date
• Full disclosure of acquisition: The filing states the shares were acquired as compensation and fully paid on 01/05/2024

Negative

• None.

Insights

Securities Analyst

TL;DR: A disclosed planned sale of 11,000 shares (market value $232,430) by a person who received the shares as compensation.

This Form 144 is a routine regulatory notice enabling resale of restricted or control stock. The filing shows the shares were acquired as compensation on 01/05/2024 and that no other sales occurred in the prior three months, which suggests compliance with resale notification rules. The use of a broker and a specified approximate sale date are standard. The disclosure itself provides transparency but does not include any operational or financial data about the issuer.

Corporate Governance Expert

TL;DR: Insider/compensation-related sale is formally disclosed; filing contains required attestation about material non-public information.

The form documents the seller's attestation that they do not possess undisclosed material adverse information and notes the shares were compensation-based. From a governance perspective, timely filing and broker identification (Piper Sandler & Co.) meet procedural expectations. The filing does not specify the seller's role or relationship to the issuer beyond the acquisition source, so governance implications are limited by the lack of further identity or context in the document.

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

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 Stock	Piper Sandler & Co Inc 350 N 5th St Ste 1000 Minneapolis MN 55402	11000	232430.00	13601362	08/18/2025	NYSE

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 Stock	01/05/2024	Compensation	Issuer			11000	01/05/2024	NA

* 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 Form 144 for FRGE disclose?

The filing discloses a proposed sale of 11,000 common shares with an aggregate market value of $232,430 and an approximate sale date of 08/18/2025.

Who is handling the sale of the FRGE shares?

The broker named in the filing is Piper Sandler & Co. at the Minneapolis address provided.

When and how were the shares being sold acquired?

The 11,000 shares were acquired on 01/05/2024 as compensation from the issuer and payment is recorded as made on that date.

Does the filer report other recent sales of FRGE securities?

The filing states "Nothing to Report" for securities sold during the past three months by the person for whose account the securities are to be sold.

How many FRGE shares are outstanding according to the filing?

The filing reports 13,601,362 shares outstanding.

Does the filing include any statement about material non-public information?

Yes. The filer signs a representation that they do not know any material adverse information about the issuer that has not been publicly disclosed.