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Brian Pemble holds 1,451,714 shares (10.99%) of Forum Markets (FRMM)

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Forum Markets, Incorporated Schedule 13G/A amendment shows that Brian James Pemble reports beneficial ownership of 1,451,714 shares of common stock, representing 10.99% of the class based on June 29, 2026 outstanding shares of 13,210,145. The filing breaks down voting and dispositive power as 786,714 shares held solely and 665,000 held jointly with spouse. The filer excludes 84,166 shares held in the spouse's IRA and states the >10% threshold resulted from the issuer's share repurchase program rather than new purchases; the filer last purchased shares on April 17, 2026.

Positive

  • None.

Negative

  • None.

Insights

Pemble now reports a >10% stake driven by share repurchases, not new acquisitions.

The filing states 1,451,714 shares beneficially owned, with 786,714 shares held solely and 665,000 held jointly, equaling 10.99% as of June 29, 2026. The disclosure notes an ongoing share repurchase program reduced outstanding shares, increasing the ownership percentage without additional purchases.

Watch subsequent filings for any changes in voting/dispositive arrangements or further repurchases; timing for additional disclosures is not provided in the excerpt.

Ownership attribution and household presumption are expressly rebutted in the filing.

The filing explains exclusion of 84,166 shares held in the spouse's IRA and states the parties have been legally separated since 2024, invoking Rule 13d-3 and Rule 16a-1(a)(2) attribution principles. The filer attests no voting, dispositive, or pecuniary interest in those IRA shares.

Relevant compliance items to confirm in future disclosures: any change in marital/household status, transfers of jointly held shares, and amendments reflecting further repurchase effects.

Beneficial ownership 1,451,714 shares Amount beneficially owned reported in Item 4
Percent of class 10.99% Calculated based on 13,210,145 shares outstanding as of June 29, 2026
Shares outstanding 13,210,145 shares Outstanding shares cited as of <date>June 29, 2026</date>
Sole voting/dispositive power 786,714 shares Held in accounts titled solely to the Reporting Person
Shared voting/dispositive power 665,000 shares Held in an account titled jointly with Reporting Person's spouse
Spouse-held IRA excluded 84,166 shares Shares held in spouse's individual retirement account excluded from beneficial ownership
Most recent purchase April 17, 2026 Date of Reporting Person's most recent purchase of issuer common stock
beneficial ownership regulatory
"Item 4. Amount beneficially owned: 1,451,714 shares of Common Stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Rule 16a-1(a)(2) regulatory
"The Rule 16a-1(a)(2)(ii)(A) presumption of household attribution is rebutted"
share repurchase program financial
"percentage ownership has increased above 10% solely as a result of the reduction in the Issuer's outstanding shares effected through the Issuer's ongoing share repurchase program"
A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.
joint account with rights of survivorship legal
"665,000 shares reported as subject to shared voting and dispositive power are held in an account titled jointly with the Reporting Person's spouse with rights of survivorship"

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

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FAQ

What percentage of Forum Markets (FRMM) does Brian Pemble own?

Brian Pemble reports owning 10.99% of the common stock, based on 13,210,145 shares outstanding as of June 29, 2026. The percentage reflects beneficial ownership of 1,451,714 shares disclosed on the Schedule 13G/A amendment.

How are Pemble's holdings apportioned between sole and joint control?

The filing lists 786,714 shares as subject to sole voting and dispositive power and 665,000 shares as subject to shared voting and dispositive power. These figures are presented in Item 4 of the Schedule 13G/A amendment.

Why does the filing exclude 84,166 shares held by the spouse?

Pemble states the 84,166 shares are held in the spouse's IRA, that the couple has been legally separated since 2024, and that Pemble lacks voting, dispositive, or pecuniary interest, rebutting household attribution under the cited rules.

Did Pemble recently buy Forum Markets shares?

The filing discloses Pemble's most recent purchase of the issuer's common stock was completed on April 17, 202610% ownership is attributed to the issuer's share repurchase program, not to new acquisitions by Pemble.





68236V401

(CUSIP Number)
06/29/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: * The 10.99% figure is calculated based on 13,210,145 shares of common stock of Forum Markets, Incorporated outstanding as of June 29, 2026, as reported in the Issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on June 29, 2026 (Accession No. 0001213900-26-073352). The Reporting Person does not beneficially own an additional 84,166 shares of common stock held in an individual retirement account titled in the name of the Reporting Person's spouse, from whom the Reporting Person is legally separated. Please see Item 4 below and the accompanying footnote for a description of the Reporting Person's beneficial ownership and the reasons for excluding the 84,166 shares.


SCHEDULE 13G



Pemble Brian James
Signature:/s/ Pemble Brian James
Name/Title:Pemble Brian James
Date:07/07/2026