FRP Holdings CFO reports open‑market purchase of 2,000 shares

Rhea-AI Filing Summary

FRP Holdings (FRPH) disclosed insider buying on a Form 4. The company’s CFO purchased common stock in open‑market transactions: 1,000 shares at $23.84 on 11/12/2025 and 1,000 shares at $23.94 on 11/13/2025.

Following these trades, the reporting person beneficially owns 25,106 shares directly. In addition, 1,471.5 shares are held indirectly in a 401(k) plan.

Insider Trade Summary

Net Buyer: 2,000 shares ($47,780)

Net Buy 3 txns

Insider McNulty Matthew C.

Role CFO

Bought 2,000 shs ($48K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	1,000	$23.94	$24K
Purchase	Common Stock	1,000	$23.84	$24K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 25,106 shares (Direct); Common Stock — 1,471.5 shares (Indirect, Held in 401k)

Footnotes (1)

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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^*

McNulty Matthew C.

(Last) (First) (Middle)

200 WEST FORSYTH STREET

7TH FLOOR

(Street)

JACKSONVILLE FL 32202

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
11/12/2025

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								1,471.5	I	Held in 401k
Common Stock	11/12/2025		P		1,000	A	$23.84	24,106	D
Common Stock	11/13/2025		P		1,000	A	$23.94	25,106	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:

	Kelly D. Waters, as Attorney-in-Fact for Matthew C. McNulty	11/13/2025
	** 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 FRPH's CFO report on the Form 4?

The CFO reported open‑market purchases of 1,000 shares at $23.84 on 11/12/2025 and 1,000 shares at $23.94 on 11/13/2025.

How many FRPH shares does the reporting person own after the transactions?

Beneficial ownership is 25,106 shares directly, plus 1,471.5 shares held indirectly in a 401(k).

What is the insider’s role at FRP Holdings (FRPH)?

The reporting person is an Officer (CFO).

Were the FRPH insider transactions purchases or sales?

They were purchases (code P) of common stock.

How were the indirect holdings reported?

1,471.5 shares were reported as indirectly owned, held in a 401(k) plan.

Is this Form 4 filed by a single reporting person?

Yes. It indicates Form filed by One Reporting Person.