Five Point (FPH) Director William Browning Receives Award

What Happened
William Browning, a director of Five Point Holdings, LLC (FPH), received an award of 15,779 restricted shares on 2026-09-09. The transaction is reported as an acquisition (code A) at $0.00 per share (total reported value $0) under the issuer's long-term incentive plan.

Key Details

• Transaction date: 2026-09-09; Form 4 filed: 2026-09-11 (filed within the usual 2-business-day window).
• Transaction type/code: Award/Grant (A). Price reported: $0.00 per share; total reported value $0.
• Shares granted: 15,779 restricted shares.
• Shares owned after transaction: Not specified in this filing.
• Footnote: Award made under the issuer's LTIP for 2026 service; the restricted shares vest on January 4, 2027, subject to Brownings's continued service through that date.

Context
This is a time-based restricted share grant (compensation), not an open-market purchase or sale. Because the shares vest in the future and are subject to service conditions, they are generally not immediately tradable and can be forfeited if vesting conditions are not met. Such awards are common for executive/director compensation and should be viewed as company compensation, not a direct market signal.