---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-084389"
form_type: "8-K"
ticker: "FBYD"
cik: "0001937987"
company_name: "Falcon's Beyond Global, Inc."
filed_at: "2024-10-02T23:59:59+00:00"
generated_at: "2026-05-30T22:49:16.883823+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Falcon's Beyond announces 20% stock dividend, cancellation of 17.5M earnout shares, appoints new director

## Summary
- Stock dividend of 0.2 shares per Class A share payable Dec 17, 2024 to holders of record Dec 10, 2024; ~2.0M Class A and 11.5M Class B shares to be issued.
- 17.5 million performance-based earnout shares (437,500 Class A, 17,062,500 Class B/units) forfeited and cancelled to eliminate liability overhang.
- Gino P. Lucadamo appointed to Board and Audit Committee effective Sept 30, 2024.
- Earnout shares tied to stock price targets remain outstanding; only performance-based earnout cancelled.

## SEC filing metadata
- accession: 0001213900-24-084389
- form_type: 8-K
- ticker: FBYD
- cik: 0001937987
- company_name: Falcon's Beyond Global, Inc.
- filed_at: 2024-10-02T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1937987/000121390024084389/0001213900-24-084389-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1937987/000121390024084389/ea0216454-8k_falcon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-084389
- JSON: https://secwatch.observer/filing/0001213900-24-084389.json
- Plain text: https://secwatch.observer/filing/0001213900-24-084389.txt

## Key facts
- Executive change
  Gino P. Lucadamo was elected as Director at Falcon's Beyond Global, Inc..
  - Action: elected
  - Role: Director
  source text: Effective September 30, 2024, the Board of Directors (the “Board”) of Falcon’s Beyond Global, Inc. (the “Company”) increased the number of directors on the Board from six to seven and elected Gino P. Lucadamo to serve as a director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1937987/000121390024084389/0001213900-24-084389-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.