STOCK TITAN

[Form 4] Forge Global Holdings, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Forge Global Holdings insider Catherine M. Dondzila, identified as the company’s Chief Accounting Officer, reported a non‑derivative transaction on 09/10/2025. The filing shows 576 shares of common stock were disposed of under transaction code F at a reported price of $0. After the transaction she beneficially owns 50,584 shares in a direct capacity. The filing explains the 576 shares were withheld by the issuer to satisfy tax withholding and remittance obligations related to the net settlement of restricted stock units. The Form 4 is signed by an attorney‑in‑fact on behalf of the reporting person.

Forge Global Holdings insider Catherine M. Dondzila, identificata come Chief Accounting Officer dell'azienda, ha riportato una transazione non‑derivativa il 09/10/2025. La dichiarazione indica che 576 azioni ordinarie sono state cedute nell'ambito del codice di transazione F a un prezzo riportato di $0. Dopo la transazione possiede 50.584 azioni in modo diretto. La dichiarazione spiega che le 576 azioni sono state trattenute dall'emittente per soddisfare gli obblighi di ritenuta fiscale e versamento relativi al regolamento netto delle unità azionarie soggette a vincoli (RSU). Il Form 4 è firmato da un procuratore ad acta per conto della persona segnalante.

Una insider de Forge Global Holdings, Catherine M. Dondzila, identificada como Chief Accounting Officer de la empresa, reportó una transacción no derivativa el 09/10/2025. El informe indica que se dispusieron 576 acciones ordinarias bajo el código de transacción F a un precio informado de $0. Después de la operación, posee de manera beneficiosa 50,584 acciones en una capacidad directa. El informe explica que las 576 acciones fueron retenidas por el emisor para satisfacer las obligaciones de retención de impuestos y remesas relacionadas con la liquidación neta de unidades de acciones restringidas. El Formulario 4 es firmado por un procurador en nombre de la persona reportante.

Forge Global Holdings의 내부자 Catherine M. Dondzila는 회사의 Chief Accounting Officer로 식별되며 2025년 9월 10일에 비파생적 거래를 보고했습니다. 제출 문서에 따르면 576주의 보통주가 거래 코드 F 아래에서 $0의 보고 가격으로 처분되었습니다. 거래 후 그녀는 직접 보유로 50,584주의 주식을 혜택적으로 소유합니다. 문서에는 576주가 잔여 주식 보상(RSU)의 순 정산과 관련된 세금 원천징수 및 송금 의무를 충족시키기 위해 발행인이 보류했다고 설명되어 있습니다. Form 4는 보고자 대리인에 의해 서명되었습니다.

Une insider de Forge Global Holdings, Catherine M. Dondzila, identifiée comme Chief Accounting Officer de l'entreprise, a déclaré une transaction non dérivée le 09/10/2025. Le dépôt indique que 576 actions ordinaires ont été cédées sous le code de transaction F à un prix rapporté de $0. Après la transaction, elle détient bénévolement 50 584 actions dans une capacité directe. Le dépôt explique que les 576 actions ont été retenues par l’émetteur pour satisfaire les obligations de retenue d’impôt et de versement liées au règlement net des unités d’actions restreintes. Le Formulaire 4 est signé par un mandataire au nom de la personne déclarant.

Forge Global Holdings-Insiderin Catherine M. Dondzila, identifiziert als Chief Accounting Officer des Unternehmens, meldete am 09/10/2025 eine Nicht-Derivat-Transaktion. Die Einreichung zeigt, dass 576 Aktien Stammaktien unter dem Transaktionscode F zu einem gemeldeten Preis von $0 veräußert wurden. Nach der Transaktion besitzt sie benefiziell 50.584 Aktien in einer direkten Form. Die Einreichung erläutert, dass die 576 Aktien vom Emittenten einbehalten wurden, um Steuerabzüge und Zahlungspflichten im Zusammenhang mit der Nettoabwicklung von Restricted Stock Units zu erfüllen. Das Formular 4 ist von einem Bevollmächtigten im Namen der meldenden Person unterzeichnet.

مطلِع من Forge Global Holdings، كاثرين م. دوندزلا، المعرّفة كـ Chief Accounting Officer للشركة، أبلغت عن صفقة غير مشتقة في 09/10/2025. يُظهر الملف أن 576 سهماً عاديّاً تم التصرف فيها بموجب رمز المعاملة F بسعر مُبلغ عنه قدره $0. بعد الصفقة تملك بشكل منفعة 50,584 سهماً بشكل مباشر. يشرح الملف أن الـ 576 سهماً تم حجزها من قبل المُصدر لتلبية الالتزامات المتعلقة باقتطاع الضرائب والتحويلات المرتبطة بالتسوية الصافية للوحدات الأسهم المقيدة. الفورم 4 موقّع من قِبل محامٍ-وكيل نيابة عن الشخص المبلغ.

Forge Global Holdings 的内部人士 Catherine M. Dondzila,被认定为公司的 Chief Accounting Officer,在2025/09/10报告了一笔非衍生交易。 filing 显示以交易代码F以披露价格$0处置了576 股普通股。交易后她以直接身份实际拥有50,584 股。备案解释称这576股被发行人扣留,以满足与受限股票单位净结算相关的税收代扣及汇款义务。Form 4 由代理律师代表报告人签署。

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine tax‑withholding disposition of restricted stock units; immaterial to company valuation.

The transaction is recorded as a Code F disposal, which the filer explains is withholding of shares to cover tax obligations from a net settlement of restricted stock units. The size, 576 shares, is small relative to the reported post‑transaction holding of 50,584 shares and shows no change in beneficial ownership strategy. There is no cash consideration (price reported as $0) because this reflects issuer withholding rather than an open‑market sale. For investors, this is an administrative action, not an operational or governance event.

TL;DR: Administrative withholding activity; standard disclosure by an officer, not a red flag.

This Form 4 documents a typical withholding transaction tied to RSU net settlement. The reporting person is an officer (Chief Accounting Officer) and the filing includes the required explanatory note stating shares were withheld for tax remittance. The filing was executed via attorney‑in‑fact and properly reports direct ownership after the event. No evidence in this filing suggests insider trading intent or unusual timing; it aligns with standard post‑award tax procedures.

Forge Global Holdings insider Catherine M. Dondzila, identificata come Chief Accounting Officer dell'azienda, ha riportato una transazione non‑derivativa il 09/10/2025. La dichiarazione indica che 576 azioni ordinarie sono state cedute nell'ambito del codice di transazione F a un prezzo riportato di $0. Dopo la transazione possiede 50.584 azioni in modo diretto. La dichiarazione spiega che le 576 azioni sono state trattenute dall'emittente per soddisfare gli obblighi di ritenuta fiscale e versamento relativi al regolamento netto delle unità azionarie soggette a vincoli (RSU). Il Form 4 è firmato da un procuratore ad acta per conto della persona segnalante.

Una insider de Forge Global Holdings, Catherine M. Dondzila, identificada como Chief Accounting Officer de la empresa, reportó una transacción no derivativa el 09/10/2025. El informe indica que se dispusieron 576 acciones ordinarias bajo el código de transacción F a un precio informado de $0. Después de la operación, posee de manera beneficiosa 50,584 acciones en una capacidad directa. El informe explica que las 576 acciones fueron retenidas por el emisor para satisfacer las obligaciones de retención de impuestos y remesas relacionadas con la liquidación neta de unidades de acciones restringidas. El Formulario 4 es firmado por un procurador en nombre de la persona reportante.

Forge Global Holdings의 내부자 Catherine M. Dondzila는 회사의 Chief Accounting Officer로 식별되며 2025년 9월 10일에 비파생적 거래를 보고했습니다. 제출 문서에 따르면 576주의 보통주가 거래 코드 F 아래에서 $0의 보고 가격으로 처분되었습니다. 거래 후 그녀는 직접 보유로 50,584주의 주식을 혜택적으로 소유합니다. 문서에는 576주가 잔여 주식 보상(RSU)의 순 정산과 관련된 세금 원천징수 및 송금 의무를 충족시키기 위해 발행인이 보류했다고 설명되어 있습니다. Form 4는 보고자 대리인에 의해 서명되었습니다.

Une insider de Forge Global Holdings, Catherine M. Dondzila, identifiée comme Chief Accounting Officer de l'entreprise, a déclaré une transaction non dérivée le 09/10/2025. Le dépôt indique que 576 actions ordinaires ont été cédées sous le code de transaction F à un prix rapporté de $0. Après la transaction, elle détient bénévolement 50 584 actions dans une capacité directe. Le dépôt explique que les 576 actions ont été retenues par l’émetteur pour satisfaire les obligations de retenue d’impôt et de versement liées au règlement net des unités d’actions restreintes. Le Formulaire 4 est signé par un mandataire au nom de la personne déclarant.

Forge Global Holdings-Insiderin Catherine M. Dondzila, identifiziert als Chief Accounting Officer des Unternehmens, meldete am 09/10/2025 eine Nicht-Derivat-Transaktion. Die Einreichung zeigt, dass 576 Aktien Stammaktien unter dem Transaktionscode F zu einem gemeldeten Preis von $0 veräußert wurden. Nach der Transaktion besitzt sie benefiziell 50.584 Aktien in einer direkten Form. Die Einreichung erläutert, dass die 576 Aktien vom Emittenten einbehalten wurden, um Steuerabzüge und Zahlungspflichten im Zusammenhang mit der Nettoabwicklung von Restricted Stock Units zu erfüllen. Das Formular 4 ist von einem Bevollmächtigten im Namen der meldenden Person unterzeichnet.

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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Dondzila Catherine M

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2025
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 09/10/2025 F 576(1) D $0 50,584 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. 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 09/12/2025
** 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).
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Forge Global (FRGE) insider Catherine Dondzila report on 09/10/2025?

The Form 4 reports that 576 shares were disposed of via withholding related to RSU net settlement; post‑transaction ownership is 50,584 shares.

Why is the transaction price listed as $0 on the Form 4 for FRGE?

The filing indicates the shares were withheld by the issuer to satisfy tax withholding for RSU settlement, which is reported as a $0 cash sale on Form 4.

What does transaction code F mean on this Form 4?

In this filing context, Code F corresponds to shares withheld by the issuer to satisfy tax obligations in connection with equity compensation net settlement, as explained in the form.

How many shares does Catherine Dondzila own after the reported transaction?

The Form 4 reports she beneficially owns 50,584 shares following the withholding transaction.

Was this transaction related to an open‑market sale?

No. The explanatory note states the shares were withheld by the issuer to cover tax withholding for RSU net settlement, not sold on the open market.
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