Brown Bruce A. 4
4 · Falcon's Beyond Global, Inc. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Falcon's Beyond (FBYD) CLO Bruce Brown Receives RSUs, Sells Shares
What Happened
Bruce A. Brown, Chief Legal Officer and Corporate Secretary of Falcon's Beyond Global, Inc. (FBYD), received a grant of 5,951 restricted stock units (RSUs) on June 10, 2026 (acquired at $0). To cover tax obligations, 3,282 existing shares were surrendered/withheld on May 21, 2026 at an implicit value of $19.10 per share, totaling about $62,686. The RSUs convert to one share each upon vesting on scheduled future dates.
Key Details
- Transactions:
- 2026-05-21: Tax withholding (code F) — 3,282 shares withheld at $19.10 per share; proceeds/value ≈ $62,686.
- 2026-06-10: Award/grant (code A) — 5,951 RSUs granted at $0.00 (no immediate cash paid).
- Shares owned after the transactions: not disclosed in the provided filing.
- Footnote: The 5,951 RSUs vest in four equal installments (25% each) on Dec 10, 2026; Jun 10, 2027; Dec 10, 2027; and Jun 10, 2028. Each RSU converts to one share upon vesting.
- Filing timeliness: Form 4 was filed late due to an administrative oversight (remark noted). Late filing is an administrative issue but does not change the underlying transactions.
Context
- The grant (A) is an equity award that vests over time and represents future shares if Brown remains employed; it’s not an immediate purchase or market buy.
- The withheld shares (F) reflect tax withholding/surrender to satisfy tax liabilities on equity awards and are routine—these are not open-market sales signaling a trading decision.
- Codes: A = award/grant; F = tax withholding.
Insider Transaction Report
Form 4
Brown Bruce A.
See Remarks
Transactions
- Tax Payment
Class A Common Stock
2026-05-21$19.10/sh−3,282$62,686→ 45,478 total - Award
Class A Common Stock
[F1]2026-06-10+5,951→ 51,429 total
Footnotes (1)
- [F1]Represents shares of common stock, par value $0.0001 per share ("Common Stock") underlying restricted stock units ("RSUs") granted to the reporting person on June 10, 2026 (the "Grant Date") pursuant to the Issuer's 2023 Equity Incentive Plan. The RSUs will vest, subject to the reporting person's continued employment or service through the applicable vesting date, as follows: (1) 25% of the RSUs shall vest on December 10, 2026; (2) 25% of the RSUs shall vest on June 10, 2027; (3) 25% of the RSUs shall vest on December 10, 2027; and (4) 25% of the RSUs shall vest on June 10, 2028. Each RSU represents the right to receive one share of Common Stock upon vesting.
Signature
/s/ Bruce A. Brown|2026-06-16