FORUM MARKETS Inc · Gift received · Common Stock

What does this filing report?

An SEC Form 4 filing for FORUM MARKETS Inc records a gift received involving Common Stock on November 14, 2025. The reported quantity was 267,137. The filing date is November 14, 2025. This is one transaction record; amounts are not allocated among any joint reporting owners.

The acquisition category describes how securities were received. It does not by itself establish a cash purchase of common stock. Read the transaction code definitionsand the original filing before interpreting the amounts.

Filing footnotes & remarks

F1

443,750 shares vested on the grant date and 443,750 shares vest on January 2, 2026.

F2

Issued in consideration for services rendered and agreed to be rendered to the Issuer as a member of the Board of Directors of the Issuer.

F3

A total of 176,613 shares of common stock awarded to the Reporting Person by the Issuer were withheld by the Issuer to satisfy tax withholding obligations in connection with the award of an aggregate of 443,750 fully-vested shares of common stock to the Reporting Person on November 12, 2025 (see Footnote 1).

F4

On November 14, 2025, the Reporting Person gifted 267,137 shares of common stock to LCCA LLC, which is managed by the Reporting Person for the benefit of the Reporting Person's family, for estate planning purposes - There was no change in the beneficial ownership of the gifted shares in connection with such transaction.

F5

The Reporting Person is the manager of LCCA LLC. Mr. Smith disclaims beneficial ownership of the shares of common stock owned directly by LCCA LLC, except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Footnotes are reproduced as plain text from the current source filing. For the full context, read the original SEC filing.