secwatch.observer — SEC 8-K summary
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Issuer:     FORUM MARKETS Inc (FRMM)
CIK:        0001690080
Form:       8-K
Filed at:   2026-04-03T23:59:59+00:00
Accession:  0001213900-26-039942
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forum Markets grants CEO Rudisill $5.18M in equity awards, CFO Saunders $750K
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- CEO McAndrew Rudisill receives initial award worth $4,285,500 and 2025 pro-rated award $898,194.
- CFO John Saunders receives equity award with grant date value of $750,000.
- Awards are 60% performance stock units (share price hurdles: $5.00, $7.50, $10.00) and 40% RSUs.
- RSUs vest in one-third increments on Aug 1, 2026, 2027, and 2028; PSUs vest over 5 years.
- Rudisill's prior restricted stock grant of 136,500 shares (Nov 2025) was rescinded Dec 1, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1690080/000121390026039942/0001213900-26-039942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1690080/000121390026039942/ea0285105-8k_forum.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-039942

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer