Forum Markets (FRMM) major holder’s entity reports sale of 250,000 shares

Rhea-AI Filing Summary

Forum Markets Inc. insider-related entity Cyber Citadel, a Cayman Islands corporation whose sole shareholder is Konstantin Lomashuk (a ten percent owner), reported selling 250,000 shares of Common Stock at $6.00 per share on 21 July 2026. After this sale, 1,226,638 shares of Common Stock are reported as held indirectly via Cyber Citadel. The transaction is not identified as being executed under a Rule 10b5-1 trading plan.

Insider Trade Summary

Net Seller: 250,000 shares

Net Sell 1 txn

Insider Lomashuk Konstantin

Role 10% Owner

Sold 250,000 shs ($1.50M)

Type	Security	Shares	Price	Value
Sale	Common Stock F1	250,000	$6.00	$1.50M

Holdings After Transaction: Common Stock — 1,226,638 shares (Indirect, By Cyber Citadel, a Cayman Islands corporation)

Footnotes (1)

1. F1. The reporting person, as sole shareholder of Cyber Citadel, may be deemed to beneficially own the securities owned directly by Cyber Citadel.

Key Figures

Shares sold: 250,000 shares Sale price: $6.0000 per share Shares held after transaction: 1,226,638 shares

3 metrics

Shares sold 250,000 shares Common Stock sale on 21 July 2026 by Cyber Citadel

Sale price $6.0000 per share Reported transaction price for the Common Stock sale

Shares held after transaction 1,226,638 shares Indirectly owned via Cyber Citadel following the reported sale

Key Terms

beneficially own, ten percent owner, Cayman Islands corporation

3 terms

beneficially own regulatory

"may be deemed to beneficially own the securities owned directly"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

ten percent owner regulatory

"reporting person is indicated as a ten percent owner of the issuer"

Cayman Islands corporation regulatory

"By Cyber Citadel, a Cayman Islands corporation"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/23/2026 - 10:26 AM Accepted by SEC EDGAR 07/23/2026 - 10:25 AM Learn about SEC filing dates

FAQ

What insider transaction in FRMM did Konstantin Lomashuk report?

Konstantin Lomashuk, through Cyber Citadel, reported a sale of 250,000 shares of Forum Markets Inc. (FRMM) Common Stock at $6.00 per share on 21 July 2026, leaving a substantial indirect holding reported after the trade.

How many Forum Markets (FRMM) shares were sold in the latest insider trade?

The latest reported insider-related trade for Forum Markets (FRMM) involved the sale of 250,000 Common Stock shares. The transaction was reported as a sale by Cyber Citadel, an entity associated with major holder Konstantin Lomashuk.

At what price were the Forum Markets (FRMM) shares sold in the reported transaction?

The reported Forum Markets (FRMM) insider-related sale was executed at a price of $6.00 per share. This price applies to the 250,000 Common Stock shares sold by Cyber Citadel on 21 July 2026, according to the Form 4 data.

How many Forum Markets (FRMM) shares does Lomashuk beneficially own after the sale?

After the reported sale, Lomashuk is reported to beneficially own 1,226,638 shares of Forum Markets (FRMM) Common Stock indirectly via Cyber Citadel. This figure reflects holdings following the 250,000-share sale disclosed in the Form 4.

Was the FRMM insider sale reported by Lomashuk under a Rule 10b5-1 trading plan?

The Form 4 does not identify the reported FRMM sale as being made under a Rule 10b5-1 trading plan. The document’s 10b5-1 checkbox is not marked, and no footnote describes the transaction as pursuant to such a plan.

What type of ownership does Lomashuk report for his FRMM shares?

Lomashuk reports indirect ownership of Forum Markets (FRMM) shares, with holdings listed as "By Cyber Citadel, a Cayman Islands corporation." As sole shareholder of Cyber Citadel, he may be deemed to beneficially own the securities held by that entity.

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

X

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^*

Lomashuk Konstantin

(Last) (First) (Middle)

C/O CYBER CITADEL

71 FORT STREET, 3RD FLOOR

(Street)

GEORGE TOWN GRANT CAYMAN KY-1111

(City) (State) (Zip)

CAYMAN ISLANDS

(Country)

2. Issuer Name and Ticker or Trading Symbol
FORUM MARKETS Inc [ FRMM ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/21/2026

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

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

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

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	07/21/2026		S		250,000	D	$6	1,226,638	I	By Cyber Citadel, a Cayman Islands corporation(1)

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. The reporting person, as sole shareholder of Cyber Citadel, may be deemed to beneficially own the securities owned directly by Cyber Citadel.

	/s/ Andrii Chornous, Attorney-in-Fact	07/23/2026
	** 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.
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.
* Form 4: SEC 1474 (03-26)