Insiders file Form 144 to sell shares (FRPT) on NASDAQ — 05/2026

Rhea-AI Filing Summary

Reported transactions under Rule 144: Several related parties submitted Form 144 notices to sell Common shares on 05/11/2026 and 05/13/2026, and an option grant/related sale is noted with a 05/15/2026 action. The filings list individual and trust sellers including William B. Cyr and Linda W. Cyr.

The notices show multiple sales: 42,328 shares (proceeds $2,138,691.62) on 05/11/2026 and 42,497 shares (proceeds $2,074,409.89) on 05/13/2026, plus smaller trust transfers. The filings identify Fidelity Brokerage Services LLC as broker and list NASDAQ as the market.

Insights

Securities Compliance Attorney

Form 144 filings notify intended Rule 144 sales by insiders or related trusts.

These notices list specific share lots, sale dates (05/11/2026, 05/13/2026) and gross proceeds amounts, which is the required disclosure when selling under Rule 144. The broker and market are named, consistent with standard placement notices.

Impact depends on actual execution; these are notices of intent to sell, not confirmations of completed open-market transactions. Subsequent trade confirmations or new filings would show final execution and net proceeds.

Key Figures

Sale reported (05/11/2026): 42,328 shares Proceeds (05/11/2026 lot): $2,138,691.62 Sale reported (05/13/2026): 42,497 shares +3 more

6 metrics

Sale reported (05/11/2026) 42,328 shares reported on <date>05/11/2026</date>

Proceeds (05/11/2026 lot) $2,138,691.62 gross proceeds listed for 42,328 shares on <date>05/11/2026</date>

Sale reported (05/13/2026) 42,497 shares reported on <date>05/13/2026</date>

Proceeds (05/13/2026 lot) $2,074,409.89 gross proceeds listed for 42,497 shares on <date>05/13/2026</date>

Smaller trust sales (05/11/2026) 1,742; 1,540 shares trusts reported on <date>05/11/2026</date>

Broker Fidelity Brokerage Services LLC listed as broker for the notices

Key Terms

Rule 144, Irrevocable Spousal Trust, Fidelity Brokerage Services LLC

3 terms

Rule 144 regulatory

"Form 144 notices for sale under Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Irrevocable Spousal Trust legal

"The William B Cyr 2020 Irrevocable Spousal Trust listed as seller"

Fidelity Brokerage Services LLC market

"Broker listed: Fidelity Brokerage Services LLC 900 Salem Street"

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Accepted by SEC EDGAR 05/15/2026 - 09:44 AM Learn about SEC filing dates

FAQ

What does FRPT Form 144 filed on 05/11/2026 and 05/13/2026 disclose?

It discloses intended sales of Common shares by related parties on 05/11/2026 and 05/13/2026. The notices list share amounts and gross proceeds, broker identity, and the NASDAQ market for the proposed transactions.

Who are the sellers named in the FRPT Form 144 notices?

Sellers include William B. Cyr, Linda W. Cyr and related trusts. The filings identify individual and trust holders submitting Rule 144 notices to sell Common shares via a broker.

How many shares and proceeds are reported for the largest listed sale?

The largest listed sale shows 42,328 shares with gross proceeds of $2,138,691.62 reported on 05/11/2026. A similar lot of 42,497 shares shows $2,074,409.89 on 05/13/2026.

Does a Form 144 filing mean the shares have been sold?

No. Form 144 notifies intent to sell under Rule 144; it does not confirm execution. Completion is shown by trade confirmations or later filings documenting actual dispositions and net proceeds.

Which broker and exchange are identified in these notices for FRPT?

The filings list Fidelity Brokerage Services LLC as the broker and identify NASDAQ as the market where the Common shares are to be sold, as stated in the notices.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	42693	2095799.37	49142791	05/15/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/15/2026	Option Granted - 09/06/2016	Issuer			42693	05/15/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
William B. Cyr 1450 US-206 Bedminster NJ 07921	Common	05/11/2026	42328	2138691.62
Linda W. Cyr 1450 US-206 Bedminster NJ 07921	Common	05/11/2026	892	47030.70
The William B Cyr 2020 Irrevocable Spousal Trust 1450 US-206 Bedminster NJ 07921	Common	05/11/2026	1742	91838.24
The Linda W Cyr 2020 Irrevocable Trust For Descendants 1450 US-206 Bedminster NJ 07921	Common	05/11/2026	1540	81196.50
William B. Cyr 1450 US-206 Bedminster NJ 07921	Common	05/13/2026	42497	2074409.89
Linda W. Cyr 1450 US-206 Bedminster NJ 07921	Common	05/13/2026	923	46731.49
The William B Cyr 2020 Irrevocable Spousal Trust 1450 US-206 Bedminster NJ 07921	Common	05/13/2026	1804	91336.52
The Linda W Cyr 2020 Irrevocable Trust For Descendants 1450 US-206 Bedminster NJ 07921	Common	05/13/2026	1594	80704.22

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)