FIG Buyer Gp, LLC

FIG Buyer Gp, LLC divests 1,904,762 shares (91.5% reduction) at $1.05 each, retaining 177,339 shares post-transaction.

FIG Buyer Gp, LLC, a 10% owner, executed 8 separate sales totaling 1,904,762 shares for $2,000,000.10 on 2026-06-18, reducing its stake from 2,082,101 shares to 177,339 shares. This represents a -91.5% reduction in pre-transaction holdings. The transaction occurred at $1.05 per share while the current price stands at $1.50 (+13.6% over the prior 30 days and -45.4% from the 52-week high of $2.75). The company reported a Net income of $-3,963,000.00 in its latest quarter with annual revenue growth of +4.1%, indicating ongoing operational challenges despite modest top-line expansion. The scale of this divestiture—nearly complete liquidation of a major shareholding—coincides with the stock trading well below its 52-week high and the company operating at a net loss, signaling a substantial reshuffling of the insider's position.

FIG Buyer GP sold 3,399,501 shares (3.40M) of FIP at $9.04 on 2024-08-09 for $30.7M, reducing stake by 28.8%

FIG Buyer GP, LLC, a 10% shareholder, divested 3,399,501 shares at $9.04, representing a substantial 28.8% reduction in its holdings from 11,818,062 to 8,418,561 shares and generating $30.7M in proceeds. The sale occurs against a backdrop of deteriorating company fundamentals: FIP reported a net loss of $-48,140,000 in its most recent full fiscal year despite quarter-over-quarter revenue growth of 22.3%, signaling operational challenges despite top-line expansion. At $9.04, the stock traded at -12.3% from its 52-week high of $10.31, suggesting the insider divested from levels that had recently retreated but remained in the upper range of the year's trading band. The combination of a major ownership stake reduction by a principal shareholder alongside negative net income warrants attention to FIP's path to profitability and whether this divestiture reflects confidence shifts at the governance level.