u/Cautious_Drink_5569

Similar to options exercise by Rick Perry on same day. The privately executed sales discounts to the prevailing price on 06/30 is baffling to me: $7.59 & $6.08

The link to the following Schedule A can be found under Attachments/Exhibits at the bottom of the SEC Schedule 13D link:

https://archive.fast-edgar.com/20260702/AB26L22MQ222G222222822Y2HTNLZ2223282/

SCHEDULE A

Reporting Person Caddis Holdings, LP
Trade Date 06/30/2026

Shares of Common Stock Sold 4,427,294
Average Price per Share ($) 7.59

Shares of Common Stock Sold 702,083
Average Price per Share ($) 6.08

Type of Sale Private Sale Pursuant to Option

FRMI 06/30 Metrics:

Open $9.36
High $9.53
Low $8.95
Close $9.16

Exercise of options, but wondering about the execution mechanics behind selling 864k shares at $7.31 on 6/30.