---
schema_version: "secwatch.filing_event.v1"
accession: "0001393726-26-000005"
form_type: "8-K"
ticker: "TIPT"
cik: "0001393726"
company_name: "TIPTREE INC."
filed_at: "2026-03-06T23:59:59+00:00"
generated_at: "2026-05-15T18:36:34.720321+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Tiptree agrees to sell Fortegra for $1.65B and Reliance First Capital; pro-forma book value $24.40/share

## Summary
- Fortegra sale for $1.65B; Tiptree's estimated gross proceeds $1.12B; closing expected mid-2026.
- Reliance First Capital sale for ~93.5% of tangible book value, ~$50M gross proceeds; closing H1 2026.
- Pro-forma book value estimated at $923M or $24.40 per share, up from current $13.45.
- Declared $0.06 dividend payable March 23, 2026 to holders of record March 16, 2026.
- Q4 GAAP diluted EPS $0.04; full-year 2025 diluted EPS $0.76; book value per share $13.45.

## SEC filing metadata
- accession: 0001393726-26-000005
- form_type: 8-K
- ticker: TIPT
- cik: 0001393726
- company_name: TIPTREE INC.
- filed_at: 2026-03-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1393726/000139372626000005/0001393726-26-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393726/000139372626000005/tipt-20260306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001393726-26-000005
- JSON: https://secwatch.observer/filing/0001393726-26-000005.json
- Plain text: https://secwatch.observer/filing/0001393726-26-000005.txt

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