The CEO's sale is a routine post-derivative-conversion transaction; the dollar amount is trivial relative to market cap. Historical calibration suggests cluster reports on FIG have a weak negative T+20 alpha (-6.5% avg) but with only 25% win rate — past neutral calls underperformed. No immediate action warranted.
Price Chart
Executive Summary
FIG CEO Dylan Field sold $4.37M of stock via converted derivatives in a SELL-dominated cluster, totaling $4.41M. At $12B market cap this is only ~0.04% of equity — trivial on a proportionality basis — and includes non-cash grants to 6 directors. The CEO sale followed a derivative conversion; the CAO's $49K sell is routine. The cluster does not signal material bearish information.
Key Financial Metrics
Key Facts
- Dylan Field (CEO) sold 174,430 shares on 2026-05-29 at ~$25.02, grossing $4.37M after converting derivatives (non-cash).
- CAO Herb Tyler sold 1,850 shares on 2026-06-01 at $26.40 for $49K.
- Six directors received grants of 12,415 shares each at $0 — non-cash compensation awards.
- Total cluster value $4.41M, representing ~0.04% of $12B market cap — below the 0.1% materiality threshold.
- C-suite officers surrendered shares for tax withholding (F transactions) totaling $886K — non-discretionary.
Financial Impact
No material financial impact. CEO open-market sale of $4.37M is 0.04% of $12B market cap.
Risk Factors
- CEO Field now owns fewer shares post-sale; a pattern of future sales would increase scrutiny.
- Despite low proportionality, consistent insider selling ahead of any negative catalyst would be bearish.
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-1780617497117 |
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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