Field Dylan, President and CEO of FIG, has filed 51 Form 4 transactions across the single company, with a pronounced sell-side bias. Over the tracked period, he has disposed of approximately $238.3 million in shares through open-market sales, while acquiring $113.0 million in value, almost entirely through option exercises and compensatory awards rather than cash purchases. Notably, there are zero open-market buys (code "P") in the dataset, meaning every acquisition was mechanical—grants, exercises, or conversions—while the recent activity is dominated by sales.
The most recent cluster of trades, filed on May 29, 2026, shows a single open-market sale of $4.37 million in FIG shares, paired with a derivative conversion (code "C") valued at zero. This follows a heavy February 26, 2026 session where Dylan executed seven separate "S" transactions totaling roughly $14.9 million, alongside three conversions. A March 2, 2026 filing also reveals a large tax-withholding event (code "F") of $89.2 million, which typically accompanies the vesting of restricted stock or option exercises and is not a discretionary sale. Smaller sales on January 14, 2026, and December 15, 2025, add another $10.1 million and $2.2 million, respectively, bringing the recent 15 sell transactions to over $25 million in the last six months.
The pattern is unambiguous: Dylan is a consistent seller, not a buyer, with no voluntary purchases on record. The sales are routine and periodic, often clustered around vesting or exercise dates, and the dollar values range from minor ($6,140) to substantial ($7.3 million). While the sheer volume of disposals—$238 million total—signals a steady liquidation of equity, the absence of any "P" transactions suggests the insider is monetizing compensation rather than expressing a directional view through fresh capital. The data alone cannot establish motive, but the transactional footprint is clearly one of distribution, not accumulation.
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