Director Ashwin Kumar receives 1,416 RSUs at Forge Global (FRGE)

Rhea-AI Filing Summary

Forge Global Holdings director Ashwin Kumar received 1,416 restricted stock units (RSUs) of common stock on January 28, 2026. The RSUs were granted at a price of $0 per share under the company’s 2022 Stock Option and Incentive Plan.

Each RSU represents one share of Forge Global common stock. All of these RSUs were fully vested on the grant date and will settle on the nearest monthly settlement date after that grant date. Following this award, Kumar beneficially owns 28,423 shares of Forge Global common stock directly.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kumar Ashwin

(Last) (First) (Middle)

4 EMBARCADERO CENTER, FLOOR 15

(Street)

SAN FRANCISCO CA 94111

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Forge Global Holdings, Inc. [ FRGE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/28/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.0001 par value per share	01/28/2026		A		1,416(1)	A	$0	28,423	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares represent restricted stock units ("RSUs") granted under the Forge Global Holdings, Inc. 2022 Stock Option and Incentive Plan. Each unit represents a right to receive one share of the Issuer's common stock. 100% of the RSUs are vested as of the date of grant and shall settle on the nearest monthly settlement date following the date of grant.

Remarks:

	/s/ James Nevin, Attorney-in-Fact	01/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did Forge Global (FRGE) disclose in this Form 4 filing?

Forge Global reported that director Ashwin Kumar received 1,416 RSUs of common stock on January 28, 2026 at $0 per share, granted under the company’s 2022 Stock Option and Incentive Plan as part of his equity compensation.

How many Forge Global (FRGE) shares does Ashwin Kumar own after this grant?

After the reported equity grant, director Ashwin Kumar beneficially owns 28,423 shares of Forge Global common stock directly. This total includes the impact of the newly granted 1,416 restricted stock units reported as acquired in the Form 4 filing.

What are the terms of the RSUs granted to Ashwin Kumar at Forge Global (FRGE)?

The 1,416 RSUs granted to Ashwin Kumar were issued at $0 and are fully vested as of the grant date. Each RSU converts into one Forge Global common share and will settle on the nearest monthly settlement date following the grant.

Is the RSU grant to Ashwin Kumar at Forge Global (FRGE) immediately vested?

Yes. The filing states that 100% of the RSUs granted to director Ashwin Kumar are vested as of the January 28, 2026 grant date, meaning there is no additional service-based vesting period before settlement into common shares.

Under which plan were Ashwin Kumar’s RSUs at Forge Global (FRGE) granted?

The 1,416 RSUs reported for director Ashwin Kumar were granted under the Forge Global Holdings, Inc. 2022 Stock Option and Incentive Plan, which governs equity-based awards such as restricted stock units for eligible participants.