Senior Vice President of $FRAF sells 1,060 shares in insider sale
Scott D Ehrig, the Senior Vice President of $FRAF, recently sold 1,060 shares of the company, as reported in a security filing with US securities regulators. The sale, totaling around 35.3% of Ehrig’s holdings in this class of stock, yielded an estimated $49,639. Following this transaction, Ehrig now holds 1,942 shares of this particular class of $FRAF stock.
Over the past six months, $FRAF insiders have engaged in a total of 12 trades on the open market. Among these transactions, 7 involved purchases while 5 involved sales. The President of the company, Craig W Best, acquired 6,756 shares amounting to approximately $249,972. In addition, the Senior Vice President and Chief Wealth Officer, Scott D Ehrig, made the aforementioned sale of 1,060 shares for an estimated $49,639. Similarly, Steven D Butz, the Senior Vice President and Chief Customer Success Officer, divested 998 shares for an approximate sum of $38,742. Other executives who made notable sales included Charles Benner Jr Carroll, Executive Vice President and Chief Operating Officer, who sold 650 shares for $30,257, as well as Mark R Hollar, Executive Vice President and Chief Financial Officer, who divested 179 shares for $8,368. However, Matthew D Weaver, Senior Vice President and Chief Marketing Officer, and David M Long, Senior Vice President and Chief Technology Officer, engaged in purchases and sales of shares, completing a series of transactions for their respective positions within the company.
Regarding hedge fund activity related to $FRAF, 36 institutional investors have added shares to their portfolios, while 21 have decreased their positions in the most recent quarter. Influential investors such as Blackrock, Inc., Susquehanna International Group, LLP, and Geode Capital Management, LLC made significant adjustments to their holdings of $FRAF stock. For instance, Blackrock, Inc. added 166,901 shares, representing an increase of 598.8%, to their portfolio in the second quarter of 2025. Conversely, Susquehanna International Group, LLP, removed 64,886 shares, a decrease of 90.9%, from their holdings during the same period. Other major players in the investment landscape, including Millennium Management LLC, Marshall Wace, LLP, and Vanguard Group Inc, also implemented changes in their positions regarding $FRAF stock.
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