Thomas Nicole B. 4

What Happened

• Nicole B. Thomas, a director of FRP HOLDINGS, INC. (FRPH), was awarded 4,671 shares on May 14, 2026. The reported grant price is $21.41 per share, for a total reported value of $100,006. The transaction is reported as an acquisition (transaction code A) and reflects director compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-14; Form 4 filed: 2026-05-15 (filed within the typical 2-business-day window).
• Shares awarded: 4,671 at $21.41 per share; total reported value $100,006.
• Transaction code: A (award/grant/acquisition).
• Footnote: Awarded pursuant to the company's director compensation arrangements (per footnote F1).
• Shares owned after transaction: Not reported on this Form 4 (or not provided in the filing).

Context

• This was a compensation award to a non-employee director, a common way companies pay board members; such awards reflect compensation policy and do not necessarily signal the director's personal buying or selling intent.