Baker John D. III 4

What Happened
John D. Baker III, CEO and Director of FRP Holdings, Inc. (FRPH), received a gift of 54,824 common shares on January 27, 2026. The Form 4 reports the acquisition as a gift (transaction code G) at $0.00 per share (total recorded value $0).

Key Details

• Transaction date: 2026-01-27; reported on Form 4 filed 2026-01-29 (timely filing).
• Transaction type/code: Gift (G). Price per share reported: $0.00. Shares transferred: 54,824.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The reporting person was gifted the shares by a family member (per footnote F1).
• No sale, purchase for cash, or option activity was reported in this filing.

Context
Gifts are transfers of ownership and do not indicate a buy/sell trade decision by the insider; they are generally not interpreted as a market signal. For retail investors, note this increases insider ownership but does not reflect a cash-based purchase or sale.