What price was used for the FRPH director share award?

The director share award was recorded at $21.41 per share for 4,671 shares of FRP Holdings common stock. This price is the transaction value reported for the grant made under the company’s director compensation arrangements for Martin E. Stein Jr.

FRP Holdings (FRPH) director receives 4,671-share stock award

Q: How many FRPH shares does Martin E. Stein Jr. own directly after the grant?

Following the reported award, Martin E. Stein Jr. holds 146,720 shares of FRP Holdings common stock directly. This figure reflects his position after receiving the 4,671-share director compensation grant disclosed in the Form 4 insider transaction report.

Q: What indirect FRPH holdings are associated with Martin E. Stein Jr.?

A Florida general partnership, The Regency Group II, holds 241,800 FRP Holdings shares . Martin E. Stein Jr. owns a 16.175% partnership interest and disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, as disclosed in the Form 4 footnote.

Q: Is the FRPH Form 4 transaction a market purchase or a compensation grant?

The Form 4 shows a grant or award acquisition , not an open-market purchase. Martin E. Stein Jr. received 4,671 shares of FRP Holdings common stock pursuant to the company’s director compensation arrangements, classified under transaction code “A” for a grant or award.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

STEIN MARTIN E JR reported acquisition or exercise transactions in this Form 4 filing.

FRP Holdings director Martin E. Stein Jr. reported a stock award of 4,671 shares of common stock at $21.41 per share under the company’s director compensation arrangements. After this grant, he directly holds 146,720 shares. Indirectly, a partnership in which he owns a 16.175% interest holds 241,800 shares, with beneficial ownership disclaimed except for his pecuniary interest.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider STEIN MARTIN E JR

Role null

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

Holdings After Transaction: Common Stock — 146,720 shares (Direct, null); Common Stock — 241,800 shares (Indirect, See footnote)

Footnotes (1)

The Regency Group II, a Florida general partnership of which the reporting person owns a 16.175% partnership interest, owns 241,800 shares of the Company. The reporting person disclaims beneficial ownership in these shares except to the extent of his pecuniary interest therein. The reporting person was awarded shares pursuant to the Company's director compensation arrangements.

Key Figures

Director share award: 4,671 shares Award price: $21.41 per share Direct holdings after grant: 146,720 shares +2 more

5 metrics

Director share award 4,671 shares Common Stock grant to Martin E. Stein Jr.

Award price $21.41 per share Price for director stock grant

Direct holdings after grant 146,720 shares Common Stock directly held post-transaction

Partnership-held shares 241,800 shares Shares held by The Regency Group II

Partnership interest 16.175% Stein’s interest in The Regency Group II

Key Terms

Grant, award, or other acquisition, director compensation arrangements, beneficial ownership, pecuniary interest, +1 more

5 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

director compensation arrangements financial

"awarded shares pursuant to the Company's director compensation arrangements"

beneficial ownership financial

"The reporting person disclaims beneficial ownership in these shares"

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.

pecuniary interest financial

"except to the extent of his pecuniary interest therein"

general partnership financial

"The Regency Group II, a Florida general partnership"

A general partnership is a business arrangement where two or more people jointly own and run a company, sharing profits, losses and day-to-day decisions. It matters to investors because each partner is personally responsible for the business’s debts and legal obligations—like roommates who sign the same lease—so the financial risk, tax consequences and control of the business rest directly on the partners rather than on a separate corporate shield.

Form 4 Insider Transactions: What Each Field Means →

05/15/2026 - 05:54 PM

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^*

STEIN MARTIN E JR

(Last)

(First)

(Middle)

ONE INDEPENDENT DRIVE

SUITE 114

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								241,800	I	See footnote⁽¹⁾
Common Stock⁽²⁾	05/14/2026		A		4,671	A	$21.41	146,720	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The Regency Group II, a Florida general partnership of which the reporting person owns a 16.175% partnership interest, owns 241,800 shares of the Company. The reporting person disclaims beneficial ownership in these shares except to the extent of his pecuniary interest therein.

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

	Kelly D. Waters, as Attorney-in-Fact for Martin E. Stein, Jr.	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)

Source: View Original Filing on SEC EDGAR

FAQ

What did FRPH director Martin E. Stein Jr. report in this Form 4?

He reported receiving a grant of 4,671 shares of FRP Holdings common stock at $21.41 per share. This award was made under the company’s director compensation arrangements and increased his directly held stake to 146,720 shares of common stock.

How many FRPH shares does Martin E. Stein Jr. own directly after the grant?

Following the reported award, Martin E. Stein Jr. holds 146,720 shares of FRP Holdings common stock directly. This figure reflects his position after receiving the 4,671-share director compensation grant disclosed in the Form 4 insider transaction report.

What indirect FRPH holdings are associated with Martin E. Stein Jr.?

A Florida general partnership, The Regency Group II, holds 241,800 FRP Holdings shares. Martin E. Stein Jr. owns a 16.175% partnership interest and disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, as disclosed in the Form 4 footnote.

Is the FRPH Form 4 transaction a market purchase or a compensation grant?

The Form 4 shows a grant or award acquisition, not an open-market purchase. Martin E. Stein Jr. received 4,671 shares of FRP Holdings common stock pursuant to the company’s director compensation arrangements, classified under transaction code “A” for a grant or award.