Summary: FRP Holdings director John D. Baker II purchased 6,608 shares of company common stock on March 14, 2025, paying $27.45 per share for an aggregate amount of $181,389. The per-share cost was higher than the reported market price of $23.95, and the transaction was reported in an amended Form 4/A filing with the Securities and Exchange Commission. Following the trade, Baker directly owns 191,516 shares, held in a Living Trust.
The disclosure shows the transaction was recorded in a Form 4/A filing and that the filing was amended to reflect a corrected transaction code. The purchase price represents a premium to the then-current trading price of $23.95, a figure that sits alongside the note that the shares have traded down by approximately 23% over the past year. The filing identifies the shares as held directly by Baker in a Living Trust.
Separately, a valuation analysis referenced in the disclosure indicates that FRP Holdings currently appears overvalued when measured against fair value metrics. The notice points investors toward a more detailed research report for expanded valuation and financial analysis, though the filing itself delivers the key transaction and ownership details.
This transaction illustrates an insider purchase executed at a price higher than the quoted market level and shows the director increasing his direct ownership stake. The amended filing clarifies the transaction coding but does not introduce additional transactional detail beyond the corrected record and the updated total holdings.
Transaction details
- Date of purchase: March 14, 2025
- Shares acquired: 6,608
- Price per share: $27.45
- Total value: $181,389
- Reported market price referenced: $23.95
- Post-transaction direct holdings: 191,516 shares (held in a Living Trust)
- Disclosure vehicle: Amended Form 4/A filed with the Securities and Exchange Commission
The filing and valuation note provide investors with the raw ownership and price data necessary to assess the director-level purchase in the context of recent share price performance and stated valuation metrics.