FRPT (NASDAQ) Form 144: Affiliates report May 2026 sales totaling $2.14M

Rhea-AI Filing Summary

FRPT filed a Form 144 reporting proposed sales of Common Stock. The filing lists 42,692 shares to be sold through Fidelity Brokerage Services LLC for proceeds of $2,136,307.68 with a reported shares outstanding figure of 49,142,791 as of 05/18/2026. The excerpt also shows multiple reported dispositions by related parties on 05/11/2026, 05/13/2026, and 05/15/2026, each listing share counts and cash amounts.

Insights

Securities Counsel

Form 144 shows proposed disposition by affiliates, with specific share and cash figures.

The filing identifies 42,692 shares proposed for sale through Fidelity Brokerage Services LLC for $2,136,307.68. The report also lists multiple completed dispositions by related parties on 05/11/2026, 05/13/2026, and 05/15/2026.

Timing and execution details are transactional; cash‑flow treatment and whether these sales are part of a planned program are not specified in the excerpt. Subsequent filings or broker confirmations would clarify settlement and disclosure sequence.

Corporate Finance Analyst

Reported sales are modest versus the reported outstanding share base.

The filing shows a proposed sale of 42,692 shares against a reported outstanding figure of 49,142,791 as of 05/18/2026. The listed cash proceeds figure is $2,136,307.68.

Examples of earlier dispositions by individuals and trusts are provided with per‑trade share counts and cash amounts; these entries provide transactional detail but do not on their own indicate broader corporate financing activity.

Key Figures

Shares proposed for sale: 42,692 shares Proceeds shown: $2,136,307.68 Shares outstanding: 49,142,791 shares +2 more

5 metrics

Shares proposed for sale 42,692 shares reported in filing header

Proceeds shown $2,136,307.68 associated with 42,692 shares

Shares outstanding 49,142,791 shares as of 05/18/2026

Example sale (William B. Cyr 05/15/2026) 42,693 shares cash proceeds $2,105,387.88 listed on 05/15/2026

Example sale (Linda W. Cyr 05/15/2026) 959 shares cash proceeds $47,077.31 listed on 05/15/2026

Key Terms

Form 144, Irrevocable Spousal Trust, Issuer

3 terms

Form 144 regulatory

"reported as the filing type and listing proposed dispositions"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Irrevocable Spousal Trust financial

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

Issuer regulatory

"labelled under Securities To Be Sold as 'Issuer' for an option granted"

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	42692	2136307.68	49142791	05/18/2026	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	05/18/2026	Option Granted - 09/06/2016	Issuer			42692	05/18/2026	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
William B. Cyr 1450 US-206 Bedminster NJ 07921	Common	05/15/2026	42693	2105387.88
Linda W. Cyr 1450 US-206 Bedminster NJ 07921	Common	05/15/2026	959	47077.31
The William B Cyr 2020 Irrevocable Spousal Trust 1450 US-206 Bedminster NJ 07921	Common	05/15/2026	1874	91994.66
The Linda W Cyr 2020 Irrevocable Trust For Descendants 1450 US-206 Bedminster NJ 07921	Common	05/15/2026	1657	81342.13

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 does the FRPT Form 144 report?

The filing reports a proposed sale of 42,692 shares of common stock through Fidelity Brokerage Services LLC for $2,136,307.68. It also lists several related‑party dispositions on 05/11/2026, 05/13/2026, and 05/15/2026.

Who appears as the broker and what proceeds are shown in the FRPT excerpt?

The broker listed is Fidelity Brokerage Services LLC. The excerpt shows proceeds of $2,136,307.68 tied to 42,692 shares and multiple cash amounts for individual dispositions on mid‑May 2026 dates.

Do the reported transactions change FRPT's outstanding shares?

The excerpt shows a shares outstanding figure of 49,142,791 as of 05/18/2026. The Form 144 lists proposed and recent dispositions but does not state that outstanding shares were adjusted; settlement effects are not detailed in the excerpt.

Which related parties reported sales in the FRPT filing?

The excerpt lists dispositions by William B. Cyr, Linda W. Cyr, and trusts named the William B Cyr 2020 Irrevocable Spousal Trust and The Linda W Cyr 2020 Irrevocable Trust For Descendants with per‑trade share counts and cash amounts on 05/11/2026, 05/13/2026, and 05/15/2026.