March 5, 2025 · Form 4 insider transaction
deVilliers David H III bought 1,356 shares of FRPH at $31.00 per share, a transaction worth $42.0K. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 14 days after the transaction.
The Reporting Person earned these shares of restricted stock pursuant to a performance share award granted January 1, 2023 under the Issuer's Equity Incentive Plan, based on the achievement of the performance-based vesting criteria for the two-year performance period ended December 31, 2024. 25% of the shares vested on March 5, 2025, and 25% will vest on December 31st of each of 2025, 2026, and 2027, subject to the Reporting Person's continued employment.