Forge Global (NYSE: FRGE) CEO Kelly Rodriques reports RSU tax share withholding

Rhea-AI Filing Summary

Forge Global Holdings, Inc. reported an insider equity transaction by Chief Executive Officer and Director Kelly Rodriques. On 12/10/2025, 2,992 shares of common stock were withheld by the company to cover tax withholding and remittance obligations tied to the net settlement of restricted stock units. This is a non-cash transaction coded as "F," meaning the shares were surrendered back to the issuer rather than sold on the market.

After this tax-related withholding, Kelly Rodriques beneficially owns 404,418 shares of Forge Global common stock directly and 4,718 shares indirectly through a Forge Trust Co CFBO Kelly Rodriques Roth IRA.

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^*

Rodriques Kelly

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025

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	12/10/2025		F		2,992(1)	D	$0	404,418	D
Common Stock, $0.0001 par value per share								4,718	I	By Forge Trust Co CFBO Kelly Rodriques Roth IRA

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. Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of restricted stock units.

Remarks:

	/s/ James Nevin, Attorney-in-Fact	12/12/2025
	** 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).
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FAQ

What insider transaction did Forge Global (FRGE) disclose for Kelly Rodriques?

The company disclosed that CEO and Director Kelly Rodriques had 2,992 shares of Forge Global common stock withheld on 12/10/2025 to satisfy tax withholding obligations from the net settlement of restricted stock units.

Was the Forge Global (FRGE) insider transaction a market sale of shares?

No. The transaction was coded "F," which indicates shares were withheld by the issuer to cover taxes related to equity compensation, rather than sold on the open market for cash.

How many Forge Global (FRGE) shares does Kelly Rodriques own after the transaction?

Following the reported transaction, Kelly Rodriques beneficially owns 404,418 shares of Forge Global common stock directly and 4,718 shares indirectly through a Forge Trust Co CFBO Kelly Rodriques Roth IRA.

What type of security was involved in the Forge Global (FRGE) Form 4 filing?

The transaction involved common stock of Forge Global Holdings, Inc., with a par value of $0.0001 per share, received through the settlement of restricted stock units.

Why were 2,992 Forge Global (FRGE) shares withheld in this Form 4?

The 2,992 shares were withheld by Forge Global to satisfy tax withholding and remittance obligations in connection with the net settlement of restricted stock units granted to Kelly Rodriques.

What is Kelly Rodriques’s role at Forge Global (FRGE)?

Kelly Rodriques is reported as both a Director and an Officer, serving in the position of Chief Executive Officer of Forge Global Holdings, Inc.