New Jason Griffin 4

4 · FORUM MARKETS Inc · Filed Apr 3, 2026

AI-generated summary of this filing

Updated Apr 3, 2026

FORUM MARKETS (FRMM) Director Jason Griffin Receives RSU Award

What Happened

Jason Griffin, a director of FORUM MARKETS, was granted 241,918 restricted stock units (RSUs) on April 2, 2026. The grant is reported as an award (code A) at $0.00 per share (total $0 at grant). This is a compensation award rather than an open-market purchase or sale.

Key Details

Transaction date: 2026-04-02; Form 4 filed: 2026-04-03 (timely filing).
Transaction type/code: Award/Grant (A).
Shares granted: 241,918 RSUs; grant price: $0.00; reported value at grant: $0.
Shares owned after transaction: Not disclosed in the provided filing excerpt.
Footnote F1: 41,918 RSUs vest in full on the date of the Company’s 2026 Annual Meeting (subject to continued service). The remaining 200,000 RSUs vest in two equal tranches: half at the 2026 Annual Meeting and half on the first anniversary of the grant date (each tranche subject to continued service).
Footnote F2: The filing also includes a footnote concerning a reporting person named “New,” noting deemed ownership via New Island Capital LLC; this note refers to that individual’s relationship with the entity and is separate from Griffin’s RSU award.

Context

RSUs are restricted and generally convert to shares only as they vest; they are not immediately tradable at grant. Vesting schedules determine when Griffin will actually receive shares (and typically when tax events occur).
Awards like this are common executive/board compensation and do not, by themselves, signal an insider buying or selling the company’s stock.

Form 4

Period: 2026-04-02

Director

Transactions

Holdings

Footnotes (2)

[F1]Consists of (i) 41,918 shares of Common Stock underlying restricted stock units ("RSUs") that will vest in full on the date of the Company's 2026 Annual Meeting of Stockholders, subject to the Reporting Person's continued service through such date, and (ii) 200,000 shares of Common Stock underlying RSUs, half of which will vest on the date of the Company's 2026 Annual Meeting of Stockholders and the other half of which will vest on the first anniversary of the grant date, subject to the Reporting Person's continued service through each such date.
[F2]The Reporting Person is the founder and managing partner of New Island Capital LLC, and therefore deemed to beneficially own the securities held by such entity. Mr. New disclaims beneficial ownership of the securities owned directly by New Island Capital LLC, except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Signature

/s/ Jason New|2026-04-03

1 file