FTV VII., L.P. plans sale of 1.87M NP shares

FTV VII., L.P. filed to sell 1,867,840 shares of Class A Common Stock of NP through broker Morgan Stanley & Co. LLC on the NYSE, with an indicated aggregate market value of $62,049,644.80.

Rhea-AI Filing Summary

FTV VII., L.P. filed to sell 1,867,840 shares of Class A Common Stock of NP through broker Morgan Stanley & Co. LLC on the NYSE, with an indicated aggregate market value of $62,049,644.80.

The shares to be sold were converted from convertible preferred stock originally acquired for cash in a private placement. In the past three months, FTV VII., L.P. already sold 5,252,044 shares for $144,431,210.00 on May 15, 2026 and 787,806 shares for $21,664,665.00 on May 19, 2026.

Key Figures

Shares planned for sale: 1,867,840 shares Planned sale market value: $62,049,644.80 Conversion date: 10/01/2025 +3 more

6 metrics

Shares planned for sale 1,867,840 shares Class A Common Stock to be sold through Morgan Stanley & Co. LLC on NYSE

Planned sale market value $62,049,644.80 Aggregate market value of 1,867,840 Class A shares

Conversion date 10/01/2025 Date convertible preferred stock converted into Class A Common Stock

Shares acquired in private placement 24,016,518 shares Class A shares from convertible preferred stock acquired for cash on 05/10/2023

Sale on May 15, 2026 5,252,044 shares for $144,431,210.00 Past three months’ NP Class A stock sale by FTV VII., L.P.

Sale on May 19, 2026 787,806 shares for $21,664,665.00 Additional NP Class A stock sale by FTV VII., L.P.

Key Terms

Form 144, Class A Common Stock, convertible preferred stock, private placement, +1 more

5 terms

Form 144 regulatory

"144: Securities Information Class A Common Stock"

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.

Class A Common Stock financial

"Class A Common Stock | Morgan Stanley & Co. LLC 1585 Broadway"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

convertible preferred stock financial

"Converted from convertible preferred stock acquired in a private placement."

Convertible preferred stock is a special class of company shares that pays priority, usually fixed, payments to holders and can be exchanged later for a set number of common shares. It matters to investors because it combines steady income and added protection with the chance to share in a company’s upside; think of it as a hybrid between a bond that pays regularly and an option to convert into growth-oriented stock, where the conversion rules influence both potential gains and how much common shareholders’ ownership may be reduced.

private placement financial

"convertible preferred stock acquired in a private placement."

A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.

aggregate market value financial

"1867840 | 62049644.80 | 93773525 | 07/29/2026"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does NP’s Form 144 filing by FTV VII., L.P. disclose?

The filing reports FTV VII., L.P.’s intent to sell 1,867,840 shares of NP Class A Common Stock, with an indicated aggregate market value of $62,049,644.80, through Morgan Stanley & Co. LLC on the NYSE under Rule 144.

How many NP Class A shares has FTV VII., L.P. recently sold?

FTV VII., L.P. sold 5,252,044 shares of NP Class A Common Stock for $144,431,210.00 on May 15, 2026 and 787,806 shares for $21,664,665.00 on May 19, 2026, as disclosed in the past three months’ sales section.

What is the total market value of NP shares FTV VII., L.P. plans to sell?

The planned sale covers 1,867,840 shares of NP Class A Common Stock with an aggregate market value of $62,049,644.80, based on the pricing information used in the Form 144 filing.

How were the NP shares in FTV VII., L.P.’s Form 144 originally acquired?

The Class A shares to be sold were converted from convertible preferred stock on October 1, 2025. That preferred stock had been acquired from the issuer for cash in a private placement on May 10, 2023, according to the acquisition history.

Which broker and exchange are involved in the NP Form 144 sale?

The proposed sale of 1,867,840 NP Class A shares will be executed through Morgan Stanley & Co. LLC as broker, with the securities to be traded on the NYSE, as specified in the Form 144 details.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 07/29/2026 - 09:31 PM Accepted by SEC EDGAR 07/29/2026 - 09:30 PM Learn about SEC filing dates

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	0001894163
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	NEPTUNE INSURANCE HOLDINGS INC.
SEC File Number	001-42878
Address of Issuer	400 6TH ST S ST. PETERSBURG FLORIDA 33701
Phone	727-202-4815
Name of Person for Whose Account the Securities are To Be Sold	FTV VII, L.P.
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	10% Stockholder

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
Class A Common Stock	Morgan Stanley & Co. LLC 1585 Broadway New York NY 10036	1867840	62049644.80	93773525	07/29/2026	NYSE

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 *
Class A Common Stock	10/01/2025	Converted from convertible preferred stock acquired in a private placement.	Issuer			24016518	05/10/2023	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
FTV VII., L.P. 601 California Street, Floor 19 San Francisco CA 94108	Class A Common Stock	05/15/2026	5252044	144431210.00
FTV VII., L.P. 601 California Street, Floor 19 San Francisco CA 94108	Class A Common Stock	05/19/2026	787806	21664665.00

144: Remarks and Signature

Remarks	The shares of Class A Common Stock in this transaction and the two previous transactions listed in Table II were sold on a pro rata basis by (i) FTV VII, L.P., (ii) FTV-NE Aggregator LLC and (iii) Growth VII-Centre, L.P. The shares of Class A Common Stock listed in Table II were sold in the past three months in a registered offering.
Date of Notice	07/29/2026
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	/s/ Andy Fleischman
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)