James Richard Perry

Director James Richard Perry disposes of 863,637 shares (863.6K shares) of FRMI at $7.31 via private placement; retains 15,827,807 shares (15.83M shares).

James Richard Perry divested 863,637 shares at $7.31, a private placement transaction that reduced his stake from 16,691,444 shares to 15,827,807 shares. The transaction occurs against a backdrop where FRMI's current price of $8.06 sits -78.2% from its 52-week high of $36.99, though the stock has rallied +22.1% over the past 30 days and +50.5% over 90 days. The company reported a negative net income of $-188,693,000.00 for its most recent full fiscal year, indicating ongoing unprofitability. Because this disposal is structured as a private placement rather than a discretionary open-market sale, it does not reflect a timing decision or conviction-driven transaction, and should not be interpreted as such.

Director Perry James Richard bought 25,892 shares at $13.52 on 2023-11-06, later selling 1,369 at $18.48; net position 24,523 shares

Perry James Richard, a Director at Energy Transfer LP, executed 2 separate transactions: a purchase of 25,892 shares at $13.52 for $350,059.84 on 2023-11-06, followed by a smaller sale of 1,369 shares at $18.48 for $25,299.12 on 2025-06-13, resulting in a net long position of 24,523 shares. The purchase occurred when ET was trading below the current price of $17.93 and well below the 52-week high of $21.08. The subsequent partial liquidation 19 months later suggests a staged approach rather than sustained conviction, as the director retained approximately 94.4% of the acquired stake while capturing gains on a small fraction. Given the substantial absolute position size and the multi-year horizon between transactions, this activity reflects significant capital deployment by a board member in a large-cap energy infrastructure business trading at a P/E of 12.54.