Brown Bruce A. 4

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.