Tillman's Corner Trust Exits 13D Reporting, Reduces Stake Below 5% in Falcon's Beyond Global
FBYD has more than doubled off its 52-week low of $3.62.
Summary
Tillman's Corner Trust has filed an exit amendment to its Schedule 13D, indicating it no longer beneficially owns more than 5% of Falcon's Beyond Global's Class A common stock, though no recent transactions were reported.
Key Events · Ownership and Investor Activity · FBYD
-
Reporting Person Status Change
Tillman's Corner Trust and Christine E. Zellar-Church have ceased to be beneficial owners of more than 5% of Falcon's Beyond Global's Class A common stock as of December 18, 2025, triggering this exit filing.
-
Current Ownership Details
The reporting persons beneficially own 2,431,732 shares of Class A common stock, representing 4.9% of the outstanding shares. This stake is valued at approximately $20.9 million based on the current stock price.
-
No Recent Transactions
The filing explicitly states that none of the reporting persons have effected any transactions in the company's Class A common stock during the past 60 days, suggesting the reduction below the 5% threshold was passive.
Analysis · FBYD · Trade & Services
Tillman's Corner Trust has filed an exit amendment to its Schedule 13D, indicating it is no longer a beneficial owner of more than 5% of Falcon's Beyond Global's Class A common stock. While this filing signifies a reduction in their reported stake below the 5% threshold, the filing explicitly states that the reporting persons have not engaged in any transactions in the past 60 days. This suggests the reduction below 5% was likely due to passive dilution from the company issuing additional shares, rather than active selling by the Trust. Investors should note that Tillman's Corner Trust still holds a substantial position, valued at approximately $20.9 million, but will no longer be subject to the same detailed reporting requirements under Schedule 13D.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.1% of the 1612 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.53%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FBYD was trading at $8.60 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $472.6M. The 52-week trading range was $3.62 to $29.02. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.