Director Franklin Myers Disposes of $13.1M in Stock via Exchange Fund
FIX has more than doubled off its 52-week low of $510 on elevated volume (3.1× avg).
Summary
Director Franklin Myers disposed of $13.1 million worth of company stock by contributing it to an exchange fund, reducing his direct holdings.
Key Events · Ownership and Investor Activity · FIX
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Director Disposes of Shares
Franklin Myers, a Director, disposed of 6,700 shares of common stock.
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Significant Transaction Value
The total value of the disposed shares was $13,094,949.
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Exchange Fund Contribution
The disposition was a contribution to an exchange fund in exchange for shares of that fund, not a direct cash sale.
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Post-Transaction Holdings
Following this transaction, Director Myers directly holds 62,115 shares.
Analysis · FIX · Real Estate & Construction
Director Franklin Myers disposed of a significant amount of company stock, valued at over $13 million. While this is a disposition of shares, the transaction was a contribution to an exchange fund rather than a direct open-market cash sale. This suggests a portfolio restructuring or diversification strategy rather than a direct bearish signal, but it still reduces the director's direct exposure to the company's stock.
How filings like this one have moved
In the 30 days to Aug 25, 2026, 29.6% of the 2856 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.04%. 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, FIX was trading at $1,860.87 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $65.3B. The 52-week trading range was $510.00 to $2,073.99. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.