The CEO's $4.37M sale is routine post-vesting diversification at 0.04% of market cap. No bearish signal. Monitor next 10-Q for any change in insider selling patterns or guidance revisions.
Price Chart
Executive Summary
CEO Dylan Field sold $4.37M of FIG stock on May 29, 2026, representing 99% of the cluster's total $4.41M in open-market sales. The CEO sale follows a same-day derivative conversion (non-cash) and is not part of a regular 10b5-1 pattern. Four directors received non-cash grants of 12,415 shares each on June 2. The CEO's sale is 0.04% of FIG's $12B market cap — well below the 0.1% materiality threshold — and is likely liquidity-driven post-vesting rather than a bearish signal.
Key Financial Metrics
Key Facts
- CEO Dylan Field sold 174,430 shares at ~$25.02 for $4.37M on May 29, 2026, after converting an equal number of derivative shares (non-cash).
- Chief Accounting Officer Herb Tyler sold 1,850 shares at $26.40 for $48,840 on June 1, 2026.
- Four directors received non-cash grants of 12,415 shares each on June 2, 2026 — no economic value.
- Total open-market sales of $4.42M represent ~0.04% of FIG's $12B market cap — trivial.
- Three officers (CFO, CRO, CTO) and GC surrendered shares for tax withholding on June 1 — routine post-vesting transactions.
- No open-market purchases were made by any insider during the window.
Financial Impact
CEO sale of $4.37M is 0.04% of market cap — immaterial relative to company size.
Risk Factors
- CEO sale could be misinterpreted by the market as a bearish signal despite its trivial size relative to market cap.
- Historical calibration shows FIG reports have a 25% win rate at T+20 with negative alpha — prior neutral calls on this ticker have underperformed.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FIG-1780611096314 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 1, 2026 4w ago | Insider Cluster | $27.20 $21.02 | ▼ −22.72% | ▼ −23.04% | $21.08 (−22.48%) |
Sep 1, 2026 4w ago | Insider Cluster | $27.20 $21.02 | ▼ −22.72% | ▼ −23.04% | $21.08 (−22.48%) |
Aug 12, 2026 7w ago | Insider Cluster | $23.75 $22.14 | ▼ −6.78% | ▼ −4.88% | $21.08 (−11.22%) |
Aug 12, 2026 7w ago | Insider Cluster | $23.75 $22.14 | ▲ +6.78% | ▲ +4.88% | $21.08 (+11.22%) |
Aug 6, 2026 8w ago | Insider Cluster | $23.97 $25.22 | ▲ +5.21% | ▲ +4.62% | $21.08 (−12.04%) |
Aug 6, 2026 8w ago | Insider Cluster | $23.97 $25.22 | ▼ −5.21% | ▼ −4.62% | $21.08 (+12.04%) |
Aug 4, 2026 8w ago | Insider Cluster | $28.15 $25.73 | ▼ −8.60% | ▼ −8.00% | $21.08 (−25.10%) |
Aug 1, 2026 8w ago | Insider Cluster | $24.92 $27.49 | ▼ −10.31% | ▼ −9.07% | $21.08 (+15.39%) |
Jul 31, 2026 8w ago | Insider Cluster | $24.92 $27.49 | ▲ +10.31% | ▲ +9.07% | $21.08 (−15.39%) |
Jul 8, 2026 12w ago | Insider Cluster | $21.67 $28.15 | ▲ +29.90% | ▲ +26.63% | $21.08 (−2.70%) |
US Market Status
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