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[8-K] Fundamental Global Inc. 8.00% Cumulative Preferred Stock Reports Material Event

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(Neutral)
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(Neutral)
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8-K
Rhea-AI Filing Summary

Seagate Technology Holdings PLC (STX) CEO William D. Mosley filed a Form 144 disclosing his intent to sell 20,000 common shares via Morgan Stanley on or after 1 Aug 2025. At the filing鈥檚 indicative price, the transaction would raise roughly $3.14 million and represents just 0.009 % of the company鈥檚 212.68 million shares outstanding.

The stock to be sold was acquired through RSU/PSU grants dated 31 Oct 2014. The notice follows a string of recent Rule 10b5-1 sales by Mosley: 214,347 shares sold between 22 May 2025 and 1 Jul 2025 for aggregate gross proceeds of about $26.0 million. No operational or financial performance data accompany the filing; it is strictly an insider-sale disclosure required under Rule 144.

Il CEO di Seagate Technology Holdings PLC (STX), William D. Mosley, ha presentato un modulo Form 144 per comunicare la sua intenzione di vendere 20.000 azioni ordinarie tramite Morgan Stanley a partire dal 1掳 agosto 2025. Al prezzo indicativo della presentazione, l'operazione genererebbe circa 3,14 milioni di dollari e rappresenta solo lo 0,009% delle 212,68 milioni di azioni in circolazione della societ脿.

Le azioni da vendere sono state acquisite tramite concessioni di RSU/PSU datate 31 ottobre 2014. L鈥檃vviso segue una serie di vendite recenti ai sensi della Regola 10b5-1 da parte di Mosley: 214.347 azioni vendute tra il 22 maggio 2025 e il 1掳 luglio 2025 per un ricavo lordo complessivo di circa 26,0 milioni di dollari. La comunicazione non include dati operativi o finanziari; si tratta esclusivamente di una dichiarazione di vendita da parte di un insider richiesta dalla Regola 144.

El CEO de Seagate Technology Holdings PLC (STX), William D. Mosley, present贸 un Formulario 144 notificando su intenci贸n de vender 20,000 acciones comunes a trav茅s de Morgan Stanley a partir del 1 de agosto de 2025. Al precio indicativo del formulario, la transacci贸n generar铆a aproximadamente 3,14 millones de d贸lares y representa solo el 0,009% de las 212,68 millones de acciones en circulaci贸n de la compa帽铆a.

Las acciones a vender fueron adquiridas mediante concesiones de RSU/PSU fechadas el 31 de octubre de 2014. El aviso sigue a una serie de ventas recientes bajo la Regla 10b5-1 por parte de Mosley: 214,347 acciones vendidas entre el 22 de mayo de 2025 y el 1 de julio de 2025, por un ingreso bruto total de aproximadamente 26,0 millones de d贸lares. No se incluyen datos operativos o financieros en la presentaci贸n; es estrictamente una divulgaci贸n de venta por parte de un insider requerida bajo la Regla 144.

Seagate Technology Holdings PLC(STX)鞚� CEO William D. Mosley电� 2025雲� 8鞗� 1鞚� 鞚错泟 Morgan Stanley毳� 韱淀暣 20,000欤� 氤错喌欤�毳� 毵る弰頃� 鞚橃偓毳� 氚濏瀳电� Form 144毳� 鞝滌稖頄堨姷雼堧嫟. 鞝滌稖靹滌棎 氇呾嫓霅� 鞓堨儊 臧瓴� 旮办鞙茧 鞚措矆 瓯半灅电� 鞎� 314毵� 雼煬鞚� 鞛愱笀鞚� 臁半嫭頃橂┌, 須岇偓鞚� 齑� 氚滍枆 欤检嫕靾� 2鞏� 1,268毵� 欤�鞚� 雼� 0.009%鞐� 頃措嫻頃╇媹雼�.

毵る弰頃� 欤检嫕鞚 2014雲� 10鞗� 31鞚� RSU/PSU 攵鞐�毳� 韱淀暣 旆摑頃� 瓴冹瀰雼堧嫟. 鞚� 韱奠电� Mosley臧 斓滉芳 Rule 10b5-1鞐� 霐半澕 毵る弰頃� 鞚茧牗鞚� 瓯半灅鞐� 鞚挫柎歆� 瓴冹溂搿�, 2025雲� 5鞗� 22鞚茧秬韯� 7鞗� 1鞚缄箤歆 214,347欤�毳� 毵る弰頃� 齑� 鞎� 2,600毵� 雼煬鞚� 齑濎垬鞚奠潉 鞓牳鞀惦媹雼�. 鞝滌稖靹滌棎电� 鞖挫榿 霕惖鐢 鞛 靹标臣 雿办澊韯瓣皜 韽暔霅橃柎 鞛堨 鞎婌溂氅�, 鞚吹鐢 Rule 144鞐� 霐半澕 鞖旉惮霅樀鐢 雮措秬鞛� 毵る弰 瓿奠嫓鞛呺媹雼�.

Le PDG de Seagate Technology Holdings PLC (STX), William D. Mosley, a d茅pos茅 un formulaire 144 annon莽ant son intention de vendre 20 000 actions ordinaires via Morgan Stanley 脿 partir du 1er ao没t 2025. Au prix indicatif du d茅p么t, la transaction rapporterait environ 3,14 millions de dollars et repr茅sente seulement 0,009 % des 212,68 millions d鈥檃ctions en circulation de la soci茅t茅.

Les actions 脿 vendre ont 茅t茅 acquises via des attributions de RSU/PSU dat茅es du 31 octobre 2014. Cet avis fait suite 脿 une s茅rie de ventes r茅centes sous la r猫gle 10b5-1 par Mosley : 214 347 actions vendues entre le 22 mai 2025 et le 1er juillet 2025, pour un produit brut total d鈥檈nviron 26,0 millions de dollars. Aucun renseignement op茅rationnel ou financier n鈥檃ccompagne ce d茅p么t ; il s鈥檃git strictement d鈥檜ne d茅claration de vente d鈥檌niti茅 requise par la r猫gle 144.

Der CEO von Seagate Technology Holdings PLC (STX), William D. Mosley, reichte ein Formular 144 ein, in dem er seine Absicht zur Ver盲u脽erung von 20.000 Stammaktien 眉ber Morgan Stanley ab dem 1. August 2025 bekannt gab. Zum im Formular angegebenen Preis w眉rde die Transaktion etwa 3,14 Millionen US-Dollar einbringen und stellt lediglich 0,009 % der 212,68 Millionen ausstehenden Aktien des Unternehmens dar.

Die zum Verkauf stehenden Aktien wurden durch RSU/PSU-Zuteilungen vom 31. Oktober 2014 erworben. Die Mitteilung folgt auf eine Reihe von k眉rzlichen Verk盲ufen nach Regel 10b5-1 durch Mosley: 214.347 Aktien wurden zwischen dem 22. Mai 2025 und dem 1. Juli 2025 verkauft, mit einem Bruttoerl枚s von etwa 26,0 Millionen US-Dollar. Die Einreichung enth盲lt keine operativen oder finanziellen Leistungsdaten; es handelt sich ausschlie脽lich um eine Insider-Verkaufsanzeige gem盲脽 Regel 144.

Positive
  • Sale equals only 0.009 % of shares outstanding, limiting direct dilution or market impact.
  • Transaction executed under Rule 10b5-1 plan, indicating advance planning and regulatory compliance.
Negative
  • CEO continues sizable insider selling鈥�214 k shares already sold plus 20 k planned, totaling 鈮�$29 m.
  • Repeated disposals may be interpreted as reduced management confidence in near-term outlook.

Insights

TL;DR 鈥� CEO plans new insider sale after $26 m of recent disposals; minor in % terms but could pressure sentiment.

Mosley鈥檚 proposed 20 k-share sale is immaterial to the float, yet it extends an active selling pattern totaling >214 k shares in the last three months. Persistent executive selling鈥攅ven under a 10b5-1 plan鈥攃an signal limited near-term confidence and may weigh on perception as investors debate cyclicality in the storage market. With no offsetting positive catalyst disclosed, I view the filing as incrementally negative but not thesis-changing.

TL;DR 鈥� Rule 144 filing shows compliant process; pattern raises optics concerns.

The use of a pre-arranged 10b5-1 plan and timely Form 144 submission demonstrates good governance practice. However, the sheer dollar amount鈥斺増$29 m including the new intent鈥攎ay attract proxy-advisory scrutiny on pay-for-performance alignment. Boards typically monitor cumulative executive sales versus ownership guidelines; investors will look for confirmation that Mosley鈥檚 remaining stake remains substantial.

Il CEO di Seagate Technology Holdings PLC (STX), William D. Mosley, ha presentato un modulo Form 144 per comunicare la sua intenzione di vendere 20.000 azioni ordinarie tramite Morgan Stanley a partire dal 1掳 agosto 2025. Al prezzo indicativo della presentazione, l'operazione genererebbe circa 3,14 milioni di dollari e rappresenta solo lo 0,009% delle 212,68 milioni di azioni in circolazione della societ脿.

Le azioni da vendere sono state acquisite tramite concessioni di RSU/PSU datate 31 ottobre 2014. L鈥檃vviso segue una serie di vendite recenti ai sensi della Regola 10b5-1 da parte di Mosley: 214.347 azioni vendute tra il 22 maggio 2025 e il 1掳 luglio 2025 per un ricavo lordo complessivo di circa 26,0 milioni di dollari. La comunicazione non include dati operativi o finanziari; si tratta esclusivamente di una dichiarazione di vendita da parte di un insider richiesta dalla Regola 144.

El CEO de Seagate Technology Holdings PLC (STX), William D. Mosley, present贸 un Formulario 144 notificando su intenci贸n de vender 20,000 acciones comunes a trav茅s de Morgan Stanley a partir del 1 de agosto de 2025. Al precio indicativo del formulario, la transacci贸n generar铆a aproximadamente 3,14 millones de d贸lares y representa solo el 0,009% de las 212,68 millones de acciones en circulaci贸n de la compa帽铆a.

Las acciones a vender fueron adquiridas mediante concesiones de RSU/PSU fechadas el 31 de octubre de 2014. El aviso sigue a una serie de ventas recientes bajo la Regla 10b5-1 por parte de Mosley: 214,347 acciones vendidas entre el 22 de mayo de 2025 y el 1 de julio de 2025, por un ingreso bruto total de aproximadamente 26,0 millones de d贸lares. No se incluyen datos operativos o financieros en la presentaci贸n; es estrictamente una divulgaci贸n de venta por parte de un insider requerida bajo la Regla 144.

Seagate Technology Holdings PLC(STX)鞚� CEO William D. Mosley电� 2025雲� 8鞗� 1鞚� 鞚错泟 Morgan Stanley毳� 韱淀暣 20,000欤� 氤错喌欤�毳� 毵る弰頃� 鞚橃偓毳� 氚濏瀳电� Form 144毳� 鞝滌稖頄堨姷雼堧嫟. 鞝滌稖靹滌棎 氇呾嫓霅� 鞓堨儊 臧瓴� 旮办鞙茧 鞚措矆 瓯半灅电� 鞎� 314毵� 雼煬鞚� 鞛愱笀鞚� 臁半嫭頃橂┌, 須岇偓鞚� 齑� 氚滍枆 欤检嫕靾� 2鞏� 1,268毵� 欤�鞚� 雼� 0.009%鞐� 頃措嫻頃╇媹雼�.

毵る弰頃� 欤检嫕鞚 2014雲� 10鞗� 31鞚� RSU/PSU 攵鞐�毳� 韱淀暣 旆摑頃� 瓴冹瀰雼堧嫟. 鞚� 韱奠电� Mosley臧 斓滉芳 Rule 10b5-1鞐� 霐半澕 毵る弰頃� 鞚茧牗鞚� 瓯半灅鞐� 鞚挫柎歆� 瓴冹溂搿�, 2025雲� 5鞗� 22鞚茧秬韯� 7鞗� 1鞚缄箤歆 214,347欤�毳� 毵る弰頃� 齑� 鞎� 2,600毵� 雼煬鞚� 齑濎垬鞚奠潉 鞓牳鞀惦媹雼�. 鞝滌稖靹滌棎电� 鞖挫榿 霕惖鐢 鞛 靹标臣 雿办澊韯瓣皜 韽暔霅橃柎 鞛堨 鞎婌溂氅�, 鞚吹鐢 Rule 144鞐� 霐半澕 鞖旉惮霅樀鐢 雮措秬鞛� 毵る弰 瓿奠嫓鞛呺媹雼�.

Le PDG de Seagate Technology Holdings PLC (STX), William D. Mosley, a d茅pos茅 un formulaire 144 annon莽ant son intention de vendre 20 000 actions ordinaires via Morgan Stanley 脿 partir du 1er ao没t 2025. Au prix indicatif du d茅p么t, la transaction rapporterait environ 3,14 millions de dollars et repr茅sente seulement 0,009 % des 212,68 millions d鈥檃ctions en circulation de la soci茅t茅.

Les actions 脿 vendre ont 茅t茅 acquises via des attributions de RSU/PSU dat茅es du 31 octobre 2014. Cet avis fait suite 脿 une s茅rie de ventes r茅centes sous la r猫gle 10b5-1 par Mosley : 214 347 actions vendues entre le 22 mai 2025 et le 1er juillet 2025, pour un produit brut total d鈥檈nviron 26,0 millions de dollars. Aucun renseignement op茅rationnel ou financier n鈥檃ccompagne ce d茅p么t ; il s鈥檃git strictement d鈥檜ne d茅claration de vente d鈥檌niti茅 requise par la r猫gle 144.

Der CEO von Seagate Technology Holdings PLC (STX), William D. Mosley, reichte ein Formular 144 ein, in dem er seine Absicht zur Ver盲u脽erung von 20.000 Stammaktien 眉ber Morgan Stanley ab dem 1. August 2025 bekannt gab. Zum im Formular angegebenen Preis w眉rde die Transaktion etwa 3,14 Millionen US-Dollar einbringen und stellt lediglich 0,009 % der 212,68 Millionen ausstehenden Aktien des Unternehmens dar.

Die zum Verkauf stehenden Aktien wurden durch RSU/PSU-Zuteilungen vom 31. Oktober 2014 erworben. Die Mitteilung folgt auf eine Reihe von k眉rzlichen Verk盲ufen nach Regel 10b5-1 durch Mosley: 214.347 Aktien wurden zwischen dem 22. Mai 2025 und dem 1. Juli 2025 verkauft, mit einem Bruttoerl枚s von etwa 26,0 Millionen US-Dollar. Die Einreichung enth盲lt keine operativen oder finanziellen Leistungsdaten; es handelt sich ausschlie脽lich um eine Insider-Verkaufsanzeige gem盲脽 Regel 144.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 1, 2025

 

FUNDAMENTAL GLOBAL INC.

(Exact name of registrant as specified in its charter)

 

Nevada   001-36366   46-1119100

(State or other jurisdiction of

incorporation or organization)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification Number)

 

6408 Bannington Road

Charlotte, NC

  28226
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (704) 994-8279

 

108 Gateway Blvd., Suite 204, Mooresville, NC 28117

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Ticker symbol(s)   Name of each exchange on which registered
Common Stock, $0.001 par value per share   FGF   The Nasdaq Stock Market LLC
         
8.00% Cumulative Preferred Stock, Series A, $25.00 par value per share   FGFPP   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 7.01 Regulation FD

 

On August 1, 2025, Fundamental Global Inc. (the “Company”) issued a press release announcing the Company’s formation of the FG CVR Trust, a Delaware Statutory Trust, (the “FG CVR Trust”) and the planned transfer the Company’s legacy non-core assets to the FG CVR Trust (the “Press Release”). The Press Release provided, further, that the Company’s common shareholders of record as of August 8, 2025 will receive a non-transferable Contingent Value Right (CVR) entitling holders to distributions generated from the assets transferred to the FG CVR Trust. A copy of the Press Release is attached hereto as Exhibit 99.1 and incorporated into this Item 7.01 by reference.

 

As provided in General Instruction B.2 of Form 8-K, the information in this Item 2.02 and Exhibit 99.1 are “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of such section nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits:

 

Exhibit   Description
     
99.1   Press Release Issued by Fundamental Global Inc. on August 1, 2025
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  FUNDAMENTAL GLOBAL INC.
                        
Date: August 1, 2025 By: /s/ Mark D. Roberson
  Name: Mark D. Roberson
  Title: Chief Financial Officer

 

 

 

FAQ

Why did Seagate CEO William Mosley file Form 144?

The filing notifies the SEC of his intent to sell 20,000 Seagate common shares under Rule 144 on or after 1 Aug 2025.

How many Seagate shares has Mosley sold recently?

The Form 144 lists 214,347 shares sold between 22 May and 1 Jul 2025 plus the new plan to sell 20,000 additional shares.

What is the value of the proposed sale?

At the stated market price, the 20 k-share lot is valued at approximately $3.14 million.

Does the planned sale dilute existing shareholders?

No new shares are issued; Mosley is selling existing shares he owns, so no dilution occurs.

Is the sale under a 10b5-1 trading plan?

Yes. The filing references Rule 10b5-1, indicating the sales are conducted under a pre-arranged trading plan.

What percentage of Seagate鈥檚 float does 20,000 shares represent?

Roughly 0.009 % of the 212.68 million shares outstanding.
Fundamental Global Inc.

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