Martin E. Stein Jr - Nov 6, 2024 Form 4 Insider Report for FRP HOLDINGS, INC. (FRPH)

Role
Director
Signature
Kelly D. Waters, Attorney-in-Fact for Martin E. Stein, Jr.
Stock symbol
FRPH
Transactions as of
Nov 6, 2024
Transactions value $
-$155,000
Form type
4
Date filed
11/8/2024, 12:57 PM
Previous filing
Aug 5, 2024
Next filing
Nov 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRPH Common Stock Sale -$155K -5K -3.35% $31.00 144K Nov 6, 2024 Direct F1
holding FRPH Common Stock 242K Nov 6, 2024 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The reporting person sold shares pursuant to a 10b5-1 trading plan dated March 14, 2024.
F2 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.