FRP HOLDINGS (FRPH) 10% Owner John D. Baker II Buys Stock

What Happened
John D. Baker II, a reported 10% owner of FRP Holdings (FRPH), purchased a total of 9,146 shares in two open-market transactions on August 17–18, 2026. He acquired 957 shares on 2026-08-17 and 8,189 shares on 2026-08-18 at a weighted average price of $21.97 per share, for combined cash outlay of approximately $200,936. These were purchases (transaction code P), which investors often view as more informative than routine sales.

Key Details

• Transaction dates and amounts:
  • 2026-08-17: 957 shares at weighted avg $21.97 — reported value $21,024 (actual prices ranged $21.85–$22.00; see footnote F1).
  • 2026-08-18: 8,189 shares at weighted avg $21.97 — reported value $179,912 (actual prices ranged $21.88–$22.00; see footnote F3).
• Total: 9,146 shares for ≈ $200,936.
• Shares owned after the transactions: not provided in the supplied filing details.
• Filing timeliness: Form 4 was filed on 2026-08-18 for trades on 8/17–8/18 (filed promptly per Form 4 timing requirements).
• Footnotes of note:
  • F1 & F3: reported prices are weighted averages; the filer can provide the per-price breakdown on request.
  • F2: some shares are held in a trust ("Trust FBO John D. Baker II U/A Cynthia L. Baker Trust dated 4/30/1965") for which Baker is co-trustee and sole income beneficiary; he disclaims beneficial ownership except to the extent of his pecuniary interest.

Context

• The reporting person is a 10% owner — this is an ownership stake disclosure rather than an executive compensation event. Purchases by large shareholders can signal confidence but are not proof of future performance.
• These were straightforward cash purchases (P = purchase), not option exercises, gifts, or awards.