Five Point Holdings, LLC·4

Mar 10, 9:49 PM ET

McWilliams Greg 4

4 · Five Point Holdings, LLC · Filed Mar 10, 2026

Research Summary

AI-generated summary of this filing

Updated

Five Point (FPH) Greg McWilliams Exercises RSUs, Sells 111,037 Shares

What Happened

  • Greg McWilliams, Chief Policy Officer and Vice President of Five Point Holdings (FPH), had a series of restricted share unit (RSU) settlements on March 8–9, 2026 that converted to a total of 469,693 Class A shares. Portions of those shares were withheld to cover tax obligations (127,945 shares, ~$674,460) and he sold 111,037 shares in the open market on March 9, 2026 for $5.23 each, generating proceeds of $580,724. Additionally, 50,826 RSUs were forfeited to the issuer (reported as a $0 disposition).

Key Details

  • Transaction dates: March 8–9, 2026; Form 4 filed March 10, 2026 (timely).
  • RSUs settled (converted to shares): 49,668; 67,265; 218,232; and an award of 134,528 — total 469,693 shares.
  • Shares withheld for tax obligations (code F): 25,272 @ $5.44 = $137,480; 34,225 @ $5.23 = $178,997; 68,448 @ $5.23 = $357,983 — total 127,945 shares (~$674,460). These were company withholdings, not open-market sales by the insider.
  • Open-market sale (code S): 111,037 shares @ $5.23 = $580,724.
  • Forfeiture/disposition to issuer (code D): 50,826 shares @ $0.00 (per footnote, RSUs forfeited).
  • Footnotes: RSUs represent contingent rights to one Class A share each. Some awards vested based on time and performance (see notes re: grants from March 9, 2023 and March 8, 2024); some RSUs were forfeited after certification of share-price targets.
  • Shares owned after transaction: not specified in the provided excerpt.

Context

  • These filings show RSU vesting/settlement rather than cash purchases. The pattern here is settlement of incentive awards with company withholding to satisfy taxes and a partial open-market sale (common to cover personal liquidity/taxes). The derivative-code entries reflect conversion/settlement of RSUs into shares, not separate option purchases. No late filing was indicated in the provided data.

Insider Transaction Report

Form 4
Period: 2026-03-08
McWilliams Greg
See Remarks
Transactions
  • Exercise/Conversion

    Class A common shares

    [F1]
    2026-03-08+49,668407,692 total
  • Tax Payment

    Class A common shares

    [F2]
    2026-03-08$5.44/sh25,272$137,480382,420 total
  • Exercise/Conversion

    Class A common shares

    [F1]
    2026-03-09+67,265449,685 total
  • Tax Payment

    Class A common shares

    [F2]
    2026-03-09$5.23/sh34,225$178,997415,460 total
  • Award

    Class A common shares

    [F3]
    2026-03-09+134,528549,988 total
  • Tax Payment

    Class A common shares

    [F2]
    2026-03-09$5.23/sh68,448$357,983481,540 total
  • Exercise/Conversion

    Class A common shares

    [F4]
    2026-03-09+218,232699,772 total
  • Sale

    Class A common shares

    [F2]
    2026-03-09$5.23/sh111,037$580,724588,735 total
  • Exercise/Conversion

    Restricted share units

    [F5][F6]
    2026-03-0849,6681,347,550 total
    Class A common shares (49,668 underlying)
  • Exercise/Conversion

    Restricted share units

    [F5][F7]
    2026-03-0967,2651,280,285 total
    Class A common shares (67,265 underlying)
  • Exercise/Conversion

    Restricted share units

    [F5][F4]
    2026-03-09218,2321,062,053 total
    Class A common shares (218,232 underlying)
  • Disposition to Issuer

    Restricted share units

    [F5][F8]
    2026-03-0950,8261,011,227 total
    Class A common shares (50,826 underlying)
Holdings
  • Class A common shares

    (indirect: By Trust)
    226,232
Footnotes (8)
  • [F1]Each restricted share unit is a contingent right to receive one Class A common share. This transaction represents the settlement of restricted share units in Class A common shares on their scheduled vesting date.
  • [F2]Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the settlement of restricted share units previously granted to the reporting person. No shares were sold by the reporting person.
  • [F3]Represents restricted share units that vested on March 9, 2026 following certification of achievement of two milestone-based performance objectives.
  • [F4]Represents restricted share units that vested based upon the satisfaction of certain share price targets during the three-year performance period ending March 9, 2026.
  • [F5]Each restricted share unit is a contingent right to receive one Class A common share.
  • [F6]This award was granted on March 8, 2024. 49,668 restricted share units subject to the award vested on each of March 8, 2025 and March 8, 2026, and the remaining unvested restricted share units are scheduled to vest on March 8, 2027, assuming continued employment through the applicable vesting date.
  • [F7]This award was granted on March 9, 2023, and the award is now fully vested.
  • [F8]Represents restricted share units that were forfeited on March 9, 2026 following certification of achievement of certain share price targets.
Signature
/s/ Mike Alvarado, as attorney-in-fact|2026-03-10

Documents

1 file
  • 4
    wk-form4_1773193753.xmlPrimary

    FORM 4