Firy Inc: CEO Andrew Paradise exercised 134,911 shares

What happened

• Andrew Paradise, CEO, exercised or converted 134,911 restricted stock units into Class A common stock on Oct 1, 2026. The exercise/conversion entries show $0 exercise price.
• The filing reports 53,089 shares were withheld to satisfy withholding tax obligations at $12.39 per share, producing $657,772 in value.

Key details

• Transaction date: Oct 1, 2026. Withholding price used: $12.39 per share. Exercise/conversion price: $0.00 per share.
• Net shares received on conversion: 81,822 (134,911 converted − 53,089 withheld). The filing does not state total shares owned by the insider after the transaction in the provided excerpt.
• Footnotes: F1 notes the restricted stock units settled in Class A common stock on Oct 1, 2026; F2 explains shares were withheld to pay withholding taxes; F3 states each restricted stock unit equals one share; F4–F6 describe vesting schedules for the awards.
• Filing date: Oct 5, 2026. (No late-filing flag was provided in the excerpt.)

Why it may matter

• The filing shows conversion of restricted stock units into shares with shares withheld to cover taxes (a cashless withholding of tax liability).
• These were RSU settlements rather than open-market purchases or gifts.
• A filing does not show why the insider traded or why the company acted.