Falcon's Beyond Global, Inc.·4

Jan 30, 4:30 PM ET

Merrill Joanne 4

Research Summary

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Falcon's Beyond (FBYD) CFO Joanne Merrill Receives RSU Award

What Happened

  • Joanne Merrill, Chief Financial Officer of Falcon's Beyond Global, was granted 15,614 restricted stock units (RSUs) on January 28, 2026 (reported as an acquisition, code A). Separately, on January 15, 2026 she disposed of 6,261 shares at $8.60 per share for proceeds of $53,845 as a payment of exercise price or to satisfy tax liability (reported as code F).

Key Details

  • Transaction dates and prices:
    • 2026-01-15: Disposed 6,261 shares at $8.60 — $53,845 (tax/withholding payment, code F).
    • 2026-01-28: Granted 15,614 RSUs at $0.00 (code A).
  • Shares owned after the transactions: not specified in the provided filing excerpt.
  • RSU vesting (footnote): The 15,614 RSUs vest over five years subject to continued service — 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.
  • Filing timeliness: The Form 4 was filed late due to administrative oversight (marked L). Late filings are disclosures only and do not by themselves indicate intent or trading reason.

Context

  • The 6,261-share disposition was a tax/withholding-related transfer (routine when equity awards vest or are exercised) rather than an open-market sale for investment reasons. The 15,614-share item is an RSU grant (a future right to shares), not an immediate purchase of common stock.