Brown Bruce A. 4

What Happened

• Bruce A. Brown, Chief Legal Officer and Corporate Secretary of Falcon's Beyond Global, Inc. (FBYD), had 1,240 shares disposed/withheld to cover an exercise price or tax liability (transaction code F) on Jan 15, 2026. The shares were valued at $8.60 each for a total of $10,664. This was a tax-withholding/settlement of an option exercise rather than an open-market sale.

Key Details

• Transaction date: 2026-01-15; price per share: $8.60; shares withheld/disposed: 1,240; total value: $10,664.
• Shares owned after the transaction: not specified on the reported Form 4.
• Transaction type/code: F — payment of exercise price or tax liability (share withholding).
• Filing timeliness: Late (transaction timeliness = L). The Form 4 was filed 2026-01-30 and the filing notes the report was inadvertently late due to administrative oversight.

Context

• This appears to be a routine tax-withholding following an option exercise (shares used to satisfy tax or exercise payment), not an open-market sale signaling a change in sentiment. Such withholding is common and administrative in nature; it reduces outstanding shares held by the insider but does not necessarily indicate bullish or bearish intent.