Cyr family reports Rule 144 sales; FRPT (NASDAQ: FRPT) discloses May share dispositions

Rhea-AI Filing Summary

Filer(s) reported Rule 144 sales of common stock and an intended sale under an option. The filing lists an intended sale of 2,833 shares on 05/15/2026 (option grant dated 09/06/2016, cash sale). It also discloses multiple prior cash dispositions in May: William B. Cyr reported sales of 42,328 shares on 05/11/2026 and 42,497 shares on 05/13/2026, with related trust and family transfers showing smaller amounts on those dates.

Insights

Securities Attorney

Rule 144 notices report planned and recent restricted-share dispositions by the Cyr family.

These filings list an intended sale of 2,833 shares on 05/15/2026 via an option exercise (option originally granted 09/06/2016) and several completed cash sales on 05/11/2026 and 05/13/2026. The entries include transactions by trusts and individual family members, consistent with common post-vesting dispositions.

Timing, settlement mechanics, and any transfer restrictions are not detailed here; subsequent public filings may show confirmations or Rule 144 resale specifics.

Key Figures

Intended sale (option): 2,833 shares Sale on 05/11/2026: 42,328 shares Proceeds on 05/11/2026: $2,138,691.62 +3 more

6 metrics

Intended sale (option) 2,833 shares Intended sale on <date>05/15/2026</date> from option (granted <date>09/06/2016</date>)

Sale on 05/11/2026 42,328 shares William B. Cyr cash sale on <date>05/11/2026</date>

Proceeds on 05/11/2026 <money>$2,138,691.62</money> Proceeds from 42,328-share sale on <date>05/11/2026</date>

Sale on 05/13/2026 42,497 shares William B. Cyr cash sale on <date>05/13/2026</date>

Proceeds on 05/13/2026 <money>$2,074,409.89</money> Proceeds from 42,497-share sale on <date>05/13/2026</date>

Smaller family/trust sales 1,540–1,804 shares Trust and descendant trust sales on <date>05/11/2026</date> and <date>05/13/2026</date>

Key Terms

Rule 144, Option Granted, Irrevocable Spousal Trust

3 terms

Rule 144 regulatory

"Securities To Be Sold / Securities Sold During The Past 3 Months"

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.

Option Granted financial

"Option Granted - 09/06/2016 listed with intended sale on 05/15/2026"

Irrevocable Spousal Trust legal

"The William B Cyr 2020 Irrevocable Spousal Trust appears as a seller"

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

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	2833	139071.97	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			2833	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)

FAQ

What did the FRPT Rule 144 filing report?

The filing reports an intended sale of 2,833 shares on 05/15/2026 (option granted 09/06/2016) and multiple cash sales in May by members of the Cyr family totaling tens of thousands of shares.

Who executed the large share sales reported in the FRPT filing?

The largest reported sellers are William B. Cyr, who sold 42,328 shares on 05/11/2026 and 42,497 shares on 05/13/2026, alongside smaller transfers by related trusts and Linda W. Cyr.

Does the filing state the sale proceeds for the May transactions?

Yes; the filing shows cash proceeds for individual transactions, for example $2,138,691.62 associated with 42,328 shares sold by William B. Cyr on 05/11/2026 and $2,074,409.89 for 42,497 shares on 05/13/2026.

Are the reported sales by trusts or individuals?

The entries include both individual sales by William B. Cyr and Linda W. Cyr and sales by related entities such as The William B Cyr 2020 Irrevocable Spousal Trust and The Linda W Cyr 2020 Irrevocable Trust For Descendants.

Was the intended 05/15/2026 sale an option exercise?

The filing characterizes the 05/15/2026 intended sale as arising from an option granted on 09/06/2016 with the sale method listed as cash in the excerpt.