Falcon's Beyond Global, Inc.·4

Jan 30, 4:30 PM ET

Whittaker Yvette 4

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Falcon's Beyond Global (FBYD) CCO Yvette Whittaker Receives Award, Sells Shares

What Happened
Yvette Whittaker, Chief Corporate Officer of Falcon's Beyond Global (FBYD), received a grant of 18,217 restricted stock units (RSUs) on 2026-01-28 and earlier had 5,037 shares disposed on 2026-01-15 to cover tax obligations. The 5,037 shares were disposed at $8.60 per share for a total of $43,318. The RSU grant is reported at $0.00 (no cash paid) because it is an equity award that converts to common stock upon vesting.

Key Details

  • Transactions:
    • 2026-01-15 — 5,037 shares disposed (code F for tax withholding) at $8.60 per share, total $43,318.
    • 2026-01-28 — 18,217 RSUs granted (code A, acquisition) reported at $0.00.
  • Shares owned after transaction: Not specified in the filing.
  • Notable footnote: The 18,217 RSUs vest over five years subject to continued employment: 15% at year 1, 17.5% at year 2, 20% at year 3, 22.5% at year 4, and 25% at year 5. Each RSU converts to one share upon vesting.
  • Timeliness: The Form 4 was filed late due to an administrative oversight (the filing notes the lateness).

Context

  • The RSU grant is an equity award (an acquisition) rather than an open-market purchase; it represents potential future shares if Whittaker remains employed through vesting dates.
  • The 5,037-share disposal is a routine tax-withholding transaction (code F) commonly used to satisfy tax withholding when awards vest — not necessarily a market-timed sale indicating intent to reduce holdings.
  • Because the filing was late, there's a short delay between the transaction dates and the public disclosure; late filings do not change the transaction facts but can affect timely transparency for investors.