Conviction
$ Value
$21.2M
Shares
870,387
Price
$24
Filed
Feb 24
▶ Why this score? (10/10)
- ✓ Open market buy (+3)
- ✓ Trade value >= $5.0M (+3)
- ✓ % of holdings >= 50% (+3)
- ✓ Director (+1)
- ✓ Not a 10b5-1 plan (+1)
Insider
Name
Reed Andrew Phillips
Title
—
CIK
0001990997
Roles
Transaction Details
Transaction Date
2026-02-23
Code
P
Table
Non-Derivative
Ownership
Indirect
Equity Swap
No
Shares After
1,466,852
Footnotes
The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of SC U.S. Growth IX Management, L.P., (ii) the general partner of SC US/E Growth X Management, L.P., (iii) the general partner of SC U.S. Growth VIII Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund VIII, L.P., (iv) the general partner of SC US/E Expansion Fund I Management, L.P, which is the general partner of Sequoia Capital US/E Expansion Fund I, L.P. and (v) the general partner of SC Expansion Fund II Management, L.P. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. | The Reporting Person is a member of Sequoia Grove II, LLC and a limited partner of Sequoia Grove UK, L.P. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. | The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $25.1000 to $26.0000. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the range set forth above. | The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $23.8300 to $24.0000. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the range set forth above. | The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $24.0001 to $24.5000. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the range set forth above.
Filing Info
Reed Andrew Phillips's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2026-02-23 | FIG | ▲ | $1.0M |
| 2026-02-23 | FIG | ▲ | $21.2M ★ |
| 2026-02-20 | FIG | ▲ | $14.4M |
| 2025-08-01 | FIG | C | $0 |
| 2025-08-01 | FIG | C | $0 |
| 2025-08-01 | FIG | C | $0 |
| 2025-08-01 | FIG | ▲ | $2.0M |
| 2025-08-01 | FIG | ▼ | $40.6M |
| 2025-08-01 | FIG | ▼ | $13.1M |
| 2025-08-01 | FIG | ▼ | $266K |
Other Insiders at FIG (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
| Reed Andrew Phillips | $15.4M | — | 2026-02-23 |
| Kleiner Perkins Caufield & Byers XVII, LLC | — | — | 2026-02-25 |
| Lilly III John Osborne | — | — | 2025-11-13 |
| Hamid Mamoon Amjad | — | — | 2026-02-25 |
|
Field Dylan
President & CEO
|
— | $15.0M | 2026-03-18 |
|
Herb Tyler
Chief Accounting Officer
|
— | $190K | 2026-04-01 |
|
Melwani Praveer
CFO and Treasurer
|
— | $404K | 2026-04-01 |
|
Voskanian Shaunt
Chief Revenue Officer
|
— | $352K | 2026-04-01 |
|
Rasmussen Kris
Chief Technology Officer
|
— | $13.9M | 2026-04-01 |
|
Mulligan Brendan
General Counsel and Secretary
|
— | $720K | 2026-04-01 |
| Krieger Michel | — | — | 2025-08-01 |