FRP Holdings (FRPH) director Wetherbee receives 4,671-share equity award and reports trust holdings

Rhea-AI Filing Summary

Wetherbee Margaret B. reported acquisition or exercise transactions in this Form 4 filing.

FRP Holdings director Margaret B. Wetherbee reported an equity award of 4,671 shares of Common Stock at $21.41 per share, received as part of the company’s director compensation arrangements. This is a compensation-related share grant, not an open‑market purchase.

Following the award, she directly holds 133,861 common shares. The filing also reports 221,736 common shares held indirectly through a trust for the benefit of Edward L. Baker and Margaret B. Wetherbee, where she serves as co‑trustee and beneficiary.

Insights

Equity compensation analyst

Routine director stock grant increases equity-based compensation, with sizable holdings retained.

The filing shows Margaret B. Wetherbee, a director of FRP Holdings, received 4,671 common shares at $21.41 as part of standard director compensation. This is a non‑market, compensation-related acquisition coded as a grant/award, not a discretionary stock purchase.

After the award, she directly owns 133,861 common shares and has 221,736 shares reported as indirectly held in a long‑standing trust where she is co‑trustee and beneficiary. The transaction size is modest relative to these combined holdings, suggesting a routine update to her equity position rather than a thesis‑changing move.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Wetherbee Margaret B.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,671	$21.41	$100K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 133,861 shares (Direct, null); Common Stock — 221,736 shares (Indirect, See footnote)

Footnotes (1)

1. The reporting person was awarded shares pursuant to the Company's director compensation arrangements. Shares are held by the Trust FBO Edward L. Baker and Margaret B. Wetherbee, dated 4/30/1965, of which the reporting person is a co-trustee and beneficiary.

Key Figures

Equity award size: 4,671 shares Grant price: $21.41 per share Direct holdings after grant: 133,861 shares +1 more

4 metrics

Equity award size 4,671 shares Common Stock grant coded as award (A) on 2026-05-14

Grant price $21.41 per share Value per share for director compensation award

Direct holdings after grant 133,861 shares Common Stock directly owned by Wetherbee following transaction

Indirect trust holdings 221,736 shares Common Stock held by trust FBO Edward L. Baker and Margaret B. Wetherbee

Key Terms

Grant, award, or other acquisition, director compensation arrangements, Trust FBO

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

director compensation arrangements financial

"The reporting person was awarded shares pursuant to the Company's director compensation arrangements."

Trust FBO financial

"Shares are held by the Trust FBO Edward L. Baker and Margaret B. Wetherbee, dated 4/30/1965"

Form 4 Insider Transactions: What Each Field Means →

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^*

Wetherbee Margaret B.

(Last) (First) (Middle)

FRP HOLDINGS, INC.

200 WEST FORSYTH STREET

(Street)

JACKSONVILLE FLORIDA 32202

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FRP HOLDINGS, INC. [ FRPH ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

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(1)	05/14/2026		A		4,671	A	$21.41	133,861	D
Common Stock								221,736	I	See footnote(2)

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 was awarded shares pursuant to the Company's director compensation arrangements.

2. Shares are held by the Trust FBO Edward L. Baker and Margaret B. Wetherbee, dated 4/30/1965, of which the reporting person is a co-trustee and beneficiary.

	Kelly D. Waters, as Attorney-in-Fact for Margaret B. Wetherbee	05/15/2026
	** 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)

FAQ

What insider transaction did FRP (FRPH) director Margaret B. Wetherbee report?

Margaret B. Wetherbee reported receiving an award of 4,671 shares of FRP Holdings common stock. The shares were granted under the company’s director compensation arrangements, making this a compensation-related equity award rather than an open-market stock purchase or sale.

At what price were the FRP Holdings (FRPH) shares granted to Margaret B. Wetherbee?

The 4,671 common shares granted to Margaret B. Wetherbee were valued at $21.41 per share. This reflects the share price used for the director compensation award and does not represent an open-market trade initiated by the director herself.

How many FRP Holdings (FRPH) shares does Margaret B. Wetherbee own after this Form 4?

After the reported grant, Margaret B. Wetherbee directly owns 133,861 FRP Holdings common shares. The Form 4 also lists 221,736 additional shares held indirectly through a trust in which she is a co‑trustee and beneficiary, reflecting her broader reported equity stake.

Is Margaret B. Wetherbee’s FRP (FRPH) Form 4 transaction a buy or a grant?

The Form 4 shows a grant, coded “A” for grant, award, or other acquisition. She received 4,671 common shares as part of director compensation, so it is a compensation-related equity award rather than an open-market purchase driven by trading decisions.

What does the trust holding in the FRP (FRPH) Form 4 for Margaret B. Wetherbee represent?

The filing notes 221,736 FRP Holdings common shares held by a trust for the benefit of Edward L. Baker and Margaret B. Wetherbee. She is identified as a co‑trustee and beneficiary, so these shares are reported as an indirect ownership position alongside her direct holdings.