Fortress Value Acquisition Sponsor V LLC 4
4 · Fortress Value Acquisition Corp. V · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
Fortress Value (FVAV) Sponsor (10% Owner) Sells 30,000 Class B Shares
What Happened
- Fortress Value Acquisition Sponsor V LLC (a 10% owner/sponsor entity) reported the sale of 30,000 Class B ordinary shares on 2026-05-27. The filing is coded as a sale (S) of a derivative security (Class B shares are convertible into Class A shares).
- The Form 4 lists a per-share price of $0.00 (likely due to rounding/reporting conventions) but a footnote states the aggregate consideration was $104.35, implying a per-share amount of roughly $0.00348. This is a very small (de minimis) sale in dollar terms.
Key Details
- Transaction date: 2026-05-27
- Security: Class B ordinary shares (convertible one-for-one into Class A shares per the issuer’s charter; see footnote)
- Amount sold: 30,000 shares
- Aggregate proceeds: $104.35 (footnote); Form line shows price $0.00 due to reporting format
- Filing type: Sale of derivative-class shares by a 10% owner (institutional sponsor), not an individual executive
- Shares owned after transaction: Not specified in the filing
- No timeliness flag was provided in the materials reviewed
Context
- Class B "founder" shares are convertible into Class A shares one-for-one (per the filing footnote); the sale was of those Class B shares, recorded as a derivative transaction.
- This is an institutional sponsor sale of a very small dollar amount and should be viewed as routine/technical rather than a material insider signal.
Insider Transaction Report
Form 4
Transactions
- Sale
Class B ordinary shares, par value $0.0001 per share
[F1][F2]2026-05-27$0.00/sh−30,000$90→ 7,127,500 total→ Class A ordinary shares, par value $0.0001 per share (30,000 underlying)
Footnotes (2)
- [F1]Pursuant to the Issuer's amended and restated memorandum and articles of association, each issued and outstanding Class B ordinary share has no expiration date and (i) is convertible into Class A ordinary shares, par value $0.0001 per share ("Class A Shares"), of the Issuer at any time at the option of the holder on a one-for-one basis and (ii) will automatically convert into Class A Shares at the time of the Issuer's initial business combination on a one-for-one basis, in each case, subject to adjustment as described under the heading "Description of Securities-Founder Shares and Private Placement Shares" in the Issuer's registration statement on Form S-1 (File No. 333-293340)
- [F2]The Reporting Person sold 30,000 Class B Ordinary Shares for the aggregate consideration of $104.35.
Signature
/s/ Daniel Bass|2026-05-27