Katmandu Ventures, LLC 4

What Happened Katmandu Ventures, LLC — disclosed as a 10% owner of Falcon's Beyond Global, Inc. (FBYD) — disposed of 1,753,534 shares of Class A common stock on January 28, 2026. The sale price reported in the footnote was $6.25 per share, for a gross proceeds amount of approximately $10.96 million. After the transaction, Katmandu no longer beneficially owns any Class A common stock in the company.

Key Details

• Transaction date: January 28, 2026 (reported on Form 4 filed January 29, 2026).
• Shares sold: 1,753,534 (form lists 1,753,524 in the transaction line; footnote clarifies 1,753,534).
• Price reported in footnote: $6.25 per share; total ≈ $10,959,587.50.
• Shares owned after transaction: 0 Class A shares.
• Transaction type/code: Disposition (reported as “Other acquisition or disposition (J)” and disclosed as a sale to a third party).
• Timeliness: Form 4 filed the next day (appears timely).
• Reporting note: The filing includes standard disclaimers about Section 16 beneficial ownership among reporting persons.

Context This was a large disposition by a 10% institutional holder, not an executive compensation event. The “J”/footnote description indicates a direct sale to a third party (likely a private/block sale rather than an open-market small trade). Such institutional sales can reflect portfolio or liquidity decisions; they are factual events and do not, by themselves, indicate insider sentiment about the company’s prospects.