Founder Group (FGL) 10% Owner HRT Financial Buys 24,050 Shares

What Happened
HRT FINANCIAL LP, reported as a 10% owner of Founder Group Ltd (FGL), acquired 24,050 common shares on August 14, 2026. The shares were purchased at $0.41 each for a total transaction value of $9,788. This was recorded on the Form 4 as a purchase (transaction code P), i.e., an acquisition rather than a sale.

Key Details

• Transaction date and price: 2026-08-14 — 24,050 shares at $0.41 per share (total $9,788).
• Transaction type: Open-market or private purchase (Form 4 code P).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes / plans: No 10b5-1 plan or additional footnotes disclosed in the available filing details.
• Filing timeliness: Form 4 filed on 2026-08-18 — appears to be filed within the required 2-business-day window (timely).

Context
As a 10% owner, HRT FINANCIAL LP is an institutional/large shareholder rather than an executive. Purchases by large holders can indicate accumulation, but the reported amount here is modest (~$9.8K), so the trade size is small relative to typical institutional stakes. This Form 4 shows a purchase; it’s factual reporting of the transaction and does not provide the holder’s motivation.