FGC

SEC source: 0001493152-24-039244 · ownership.xml · nonDerivative · entry 1

Govignon Richard Edward JR · CIK 0001901225 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 130,013

F1 · price: On September 30, 2024, in connection with the business combination of Strong Global Entertainment, Inc. ("SGE") with and into Fundamental Global Inc., ("FG")(the "Arrangement"), each share of Class A Common Voting Stock of SGE was exchanged for 1.5 shares of FG common stock (the "Exchange Ratio").

F2 · price: Received in the Arrangement Agreement on a 1:1.5 basis.

SEC source: 0001493152-24-039241 · ownership.xml · nonDerivative · entry 6

Cerminara Kyle · CIK 0001619991 · Director · CEO and Chairman · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 952,802

F2 · price: Received in the Arrangement Agreement on a 1:1.5 basis.

F4 · price: Received in the Arrangement in exchange for Restricted Share Units ("RSUs") convertible into shares of SGE Class A Common Voting Stock ("SGE RSU"). At the Effective Time, each SGE RSU was converted into an RSU to acquire the number of shares of FG Common Stock (an "FG RSU") equal to the product of (i) the number of shares subject to such SGE RSU as of immediately prior to September 30, 2024, multiplied by (ii) the Exchange Ratio.

F5 · price: The FG RSUs will vest in full on the first anniversary of the grant date, which was May 21, 2024, subject to continuous service through the vesting date.

SEC source: 0001493152-24-039241 · ownership.xml · nonDerivative · entry 1

Cerminara Kyle · CIK 0001619991 · Director · CEO and Chairman · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 927,803

F1 · price: On September 30, 2024, in connection with the business combination of Strong Global Entertainment, Inc. ("SGE") with and into Fundamental Global Inc., ("FG"), each share of Class A Common Voting Stock of SGE was exchanged for 1.5 shares of FG common stock.

F2 · price: Received in the Arrangement Agreement on a 1:1.5 basis.

SEC source: 0001493152-24-039242 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Head of Merchant Banking

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 562,989

F3 · balance_after: Includes (i) 370,000 Restricted Stock Units ("RSUs) granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 370,000 have vested to date, but 94,054 withheld from the vested RSU for taxes) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (ii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 86,667 have vested to date, but 25,659 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of FG Common Stock.

SEC source: 0001493152-24-039601 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Head of Merchant Banking

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 562,989

F1 · shares: Shares were purchased within the Fundamental Global Inc. Employee Share Purchase Plan.

F2 · balance_after: Includes (i) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 370,000 have vested to date, but 94,054 withheld from the vested RSU for taxes) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (ii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 86,667 have vested to date, but 25,659 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of Fundamental Global Inc. Common Stock.

SEC source: 0001493152-24-033189 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Head of Merchant Banking

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 540,014

F1 · shares: Shares were purchased within the Fundamental Global, Inc. Employee Share Purchase Plan.

F4 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which , (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 370,000 have vested to date, but 94,054 withheld from the vested RSU for taxes) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 86,667 have vested to date, but 25,659 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of Parent Common Stock.

SEC source: 0001493152-24-030207 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Head of Merchant Banking

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 537,676

F1 · shares: Shares were purchased within the Fundamental Global, Inc. Employee Share Purchase Plan.

F4 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 370,000 have vested to date, but 94,054 withheld from the vested RSU for taxes) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 86,667 have vested to date, but 25,659 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of Parent Common Stock.

SEC source: 0001493152-24-028383 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Head of Merchant Banking

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 535,492

F1 · shares: Shares were purchased within the Fundamental Global, Inc. Employee Share Purchase Plan.

F4 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 370,000 have vested to date, but 94,054 withheld from the vested RSU for taxes) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 86,667 have vested to date, but 25,659 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of Parent Common Stock.

SEC source: 0001493152-24-026205 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Head of Merchant Banking

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 532,351

F1 · shares: Shares were purchased within the Fundamental Global, Inc. Employee Share Purchase Plan.

F4 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 370,000 have vested to date, but 94,054 withheld from the vested RSU for taxes) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 86,667 have vested to date, but 25,659 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of Parent Common Stock.

SEC source: 0001493152-24-024345 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Head of Merchant Banking

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 529,938

F1 · shares: Shares were purchased within the Fundamental Global, Inc. Employee Share Purchase Plan.

F4 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 370,000 have vested to date, but 94,054 withheld from the vested RSU for taxes) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 86,667 have vested to date, but 25,659 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of Parent Common Stock.

SEC source: 0001493152-24-022996 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Head of Merchant Banking

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,267,797

F1 · shares: Shares were purchased within the Fundamental Global, Inc. Employee Share Purchase Plan.

F4 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 370,000 have vested to date, but 94,054 withheld from the vested RSU for taxes) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 86,667 have vested to date, but 25,659 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of Parent Common Stock.

SEC source: 0001493152-24-020666 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Head of Merchant Banking

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 526,044

F1 · shares: Shares were purchased within the Fundamental Global, Inc. Employee Share Purchase Plan.

F4 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 370,000 have vested to date, but 94,054 withheld from the vested RSU for taxes) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 86,667 have vested to date, but 25,659 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of Parent Common Stock.

SEC source: 0001493152-24-017929 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Head of Merchant Banking

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 524,196

F1 · shares: Shares were purchased within the Fundamental Global, Inc. Employee Share Purchase Plan.

F4 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 370,000 have vested to date, but 94,054 withheld from the vested RSU for taxes) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 86,667 have vested to date, but 25,659 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of Parent Common Stock.

SEC source: 0001493152-24-015024 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Head of Merchant Banking

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 521,542

F1 · shares: Shares were purchased within the Fundamental Global, Inc. Employee Share Purchase Plan.

F4 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 370,000 have vested to date, but 94,054 withheld from the vested RSU for taxes) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 86,667 have vested to date, but 25,659 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of Parent Common Stock.

SEC source: 0001493152-24-012765 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Head of Merchant Banking

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 521,015

F1 · shares: Shares were purchased within the Fundamental Global, Inc. Employee Share Purchase Plan.

F4 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 370,000 have vested to date, but 94,054 withheld from the vested RSU for taxes) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 86,667 have vested to date, but 25,659 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of Parent Common Stock.

SEC source: 0001493152-24-010469 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Head of Merchant Banking

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 519,483

F1 · shares: Shares were purchased within the Fundamental Global, Inc. Employee Share Purchase Plan.

F4 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 370,000 have vested to date, but 94,054 withheld from the vested RSU for taxes) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 86,667 have vested to date, but 25,659 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of Parent Common Stock.

SEC source: 0001493152-24-008911 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Head of Merchant Banking

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 517,946

F1 · shares: Shares were purchased within the Fundamental Global, Inc. Employee Share Purchase Plan.

F4 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 370,000 have vested to date, but 94,054 withheld from the vested RSU for taxes) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 86,667 have vested to date, but 25,659 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of Parent Common Stock.

SEC source: 0001493152-24-008587 · ownership.xml · nonDerivative · entry 3

Fundamental Global GP, LLC · CIK 0001878780 · 10% owner

Cerminara Kyle · CIK 0001619991 · Director · CEO and Chairman · 10% owner

MOGLIA JOSEPH H · CIK 0001187586 · 10% owner

FG Group Holdings Inc. · CIK 0000946454 · 10% owner

FG Financial Holdings, LLC · CIK 0001946735 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · Fundamental Global Holdings, LP

Disclosed balance after: 853,619

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F2 · price: Received in the Merger in exchange for an equal number of shares of Company Common Stock.

F4 · balance_after: The partnerships managed by Fundamental Global GP, LLC ("FGGP"), including FGFH, Ballantyne Strong Holdings LLC ("BTN Holdings"), and Fundamental Global Holdings LP ("FGHP"), beneficially owns in the aggregate 56,131 shares of Preferred Stock and 8,049,136 shares of Common Stock. FGGP may be deemed to be a beneficial owner of the securities disclosed as directly owned by FGFH, BTN Holdings, and FGHP. Due to their positions with FGGP and affiliated entities, Messrs. D. Kyle Cerminara and Joseph H. Moglia may be deemed to be beneficial owners of the securities disclosed as directly owned by FGFH, BTN Holdings, and FGHP. Each Reporting Person disclaims beneficial ownership of the shares of Preferred Stock and Common Stock beneficially owned by FGGP except to the extent of his or its pecuniary interest therein.

SEC source: 0001493152-24-008587 · ownership.xml · nonDerivative · entry 2

Fundamental Global GP, LLC · CIK 0001878780 · 10% owner

Cerminara Kyle · CIK 0001619991 · Director · CEO and Chairman · 10% owner

MOGLIA JOSEPH H · CIK 0001187586 · 10% owner

FG Group Holdings Inc. · CIK 0000946454 · 10% owner

FG Financial Holdings, LLC · CIK 0001946735 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · Ballantyne Strong Holdings, LLC

Disclosed balance after: 4,284,334

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F2 · price: Received in the Merger in exchange for an equal number of shares of Company Common Stock.

F4 · balance_after: The partnerships managed by Fundamental Global GP, LLC ("FGGP"), including FGFH, Ballantyne Strong Holdings LLC ("BTN Holdings"), and Fundamental Global Holdings LP ("FGHP"), beneficially owns in the aggregate 56,131 shares of Preferred Stock and 8,049,136 shares of Common Stock. FGGP may be deemed to be a beneficial owner of the securities disclosed as directly owned by FGFH, BTN Holdings, and FGHP. Due to their positions with FGGP and affiliated entities, Messrs. D. Kyle Cerminara and Joseph H. Moglia may be deemed to be beneficial owners of the securities disclosed as directly owned by FGFH, BTN Holdings, and FGHP. Each Reporting Person disclaims beneficial ownership of the shares of Preferred Stock and Common Stock beneficially owned by FGGP except to the extent of his or its pecuniary interest therein.

SEC source: 0001493152-24-008588 · ownership.xml · derivative · entry 5

Roberson Mark D. · CIK 0001415593 · CFO and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 20,000 shares

Expires 2030-10-09

F5 · price: Received in the Merger in exchange for Stock Options to purchase shares of Company Common Stock (a "Company Stock Option"). At the Effective Time, each Company Stock Option was converted into a stock option to acquire the number of shares of Parent Common Stock ("Parent Stock Option") equal to the product of (i) the number of shares subject to such Company Stock Option as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio.

F8 · price: This Parent Stock Option will vest 1/5 each year beginning on the first anniversary of the grant date, October 9, 2020, subject to continuous service through such vesting dates.

F5 · derivative.exercise_date: Received in the Merger in exchange for Stock Options to purchase shares of Company Common Stock (a "Company Stock Option"). At the Effective Time, each Company Stock Option was converted into a stock option to acquire the number of shares of Parent Common Stock ("Parent Stock Option") equal to the product of (i) the number of shares subject to such Company Stock Option as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio.

F8 · derivative.exercise_date: This Parent Stock Option will vest 1/5 each year beginning on the first anniversary of the grant date, October 9, 2020, subject to continuous service through such vesting dates.

SEC source: 0001493152-24-008588 · ownership.xml · derivative · entry 4

Roberson Mark D. · CIK 0001415593 · CFO and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 30,000 shares

Expires 2029-06-06

F5 · price: Received in the Merger in exchange for Stock Options to purchase shares of Company Common Stock (a "Company Stock Option"). At the Effective Time, each Company Stock Option was converted into a stock option to acquire the number of shares of Parent Common Stock ("Parent Stock Option") equal to the product of (i) the number of shares subject to such Company Stock Option as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio.

F7 · price: This Parent Stock Option will vest 1/5 each year beginning on the first anniversary of the grant date, June 6, 2019, subject to continuous service through such vesting dates.

F5 · derivative.exercise_date: Received in the Merger in exchange for Stock Options to purchase shares of Company Common Stock (a "Company Stock Option"). At the Effective Time, each Company Stock Option was converted into a stock option to acquire the number of shares of Parent Common Stock ("Parent Stock Option") equal to the product of (i) the number of shares subject to such Company Stock Option as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio.

F7 · derivative.exercise_date: This Parent Stock Option will vest 1/5 each year beginning on the first anniversary of the grant date, June 6, 2019, subject to continuous service through such vesting dates.

SEC source: 0001493152-24-008588 · ownership.xml · derivative · entry 3

Roberson Mark D. · CIK 0001415593 · CFO and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 40,000 shares

Expires 2028-12-04

F5 · price: Received in the Merger in exchange for Stock Options to purchase shares of Company Common Stock (a "Company Stock Option"). At the Effective Time, each Company Stock Option was converted into a stock option to acquire the number of shares of Parent Common Stock ("Parent Stock Option") equal to the product of (i) the number of shares subject to such Company Stock Option as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio.

F6 · price: This Parent Stock Option vested 1/5 each year beginning on the first anniversary of the grant date, December 4, 2018.

F5 · derivative.exercise_date: Received in the Merger in exchange for Stock Options to purchase shares of Company Common Stock (a "Company Stock Option"). At the Effective Time, each Company Stock Option was converted into a stock option to acquire the number of shares of Parent Common Stock ("Parent Stock Option") equal to the product of (i) the number of shares subject to such Company Stock Option as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio.

F6 · derivative.exercise_date: This Parent Stock Option vested 1/5 each year beginning on the first anniversary of the grant date, December 4, 2018.

SEC source: 0001493152-24-008588 · ownership.xml · nonDerivative · entry 2

Roberson Mark D. · CIK 0001415593 · CFO and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 225,613

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F3 · price: Received in the Merger in exchange for Restricted Share Units (RSUs) convertible into shares of Company Common Stock (a "Company RSU"). At the Effective Time, each Company RSU was converted into an RSU to acquire the number of shares of Parent Common Stock (a "Parent RSU") equal to the product of (i) the number of shares subject to such Company RSU as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio.

F4 · price: The Parent RSUs will vest 1/3 each year beginning on the first anniversary of the grant date, which was April 3, 2023, subject to continuous service through such vesting dates.

SEC source: 0001493152-24-008588 · ownership.xml · nonDerivative · entry 1

Roberson Mark D. · CIK 0001415593 · CFO and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 145,613

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F2 · price: Received in the Merger in exchange for an equal number of shares of Company Common Stock.

SEC source: 0001493152-24-008591 · ownership.xml · nonDerivative · entry 2

SWETS LARRY G JR · CIK 0001409891 · Head of Merchant Banking

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 537,069

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F4 · price: Received in the Merger in exchange for Restricted Share Units (RSUs) convertible into shares of Company Common Stock (a "Company RSU"). At the Effective Time, each Company RSU was converted into an RSU to acquire the number of shares of Parent Common Stock (a "Parent RSU") equal to the product of (i) the number of shares subject to such Company RSU as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio.

F5 · price: The Parent RSUs will vest in full on the first anniversary of the grant date, which was July 3, 2023, subject to continuous service through such vesting date.

SEC source: 0001493152-24-008591 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Head of Merchant Banking

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 516,236

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F2 · price: Received in the Merger in exchange for an equal number of shares of Company Common Stock.

F3 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 370,000 have vested to date, but 94,054 withheld from the vested RSU for taxes) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 86,667 have vested to date, but 25,659 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of Parent Common Stock.

SEC source: 0001493152-24-008586 · ownership.xml · derivative · entry 12

Cerminara Kyle · CIK 0001619991 · Director · CEO and Chairman · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 30,000

Underlying: Common Stock · 30,000 shares

Expires 2029-06-06

F9 · price: Received in the Merger in exchange for Stock Options to purchase shares of Company Common Stock (a "Company Stock Option"). At the Effective Time, each Company Stock Option was converted into a stock option to acquire the number of shares of Parent Common Stock equal to the product of (i) the number of shares subject to such Company Stock Option as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio.

F11 · price: The Parent Stock Option provides for vesting in five equal annual installments on the first anniversary of the grant date, which was June 6, 2019, and will continue to be governed by the same terms and conditions, including vesting terms and exercise price, as were applicable to the Parent Stock Option immediately prior to the Effective Time.

F9 · derivative.exercise_date: Received in the Merger in exchange for Stock Options to purchase shares of Company Common Stock (a "Company Stock Option"). At the Effective Time, each Company Stock Option was converted into a stock option to acquire the number of shares of Parent Common Stock equal to the product of (i) the number of shares subject to such Company Stock Option as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio.

F11 · derivative.exercise_date: The Parent Stock Option provides for vesting in five equal annual installments on the first anniversary of the grant date, which was June 6, 2019, and will continue to be governed by the same terms and conditions, including vesting terms and exercise price, as were applicable to the Parent Stock Option immediately prior to the Effective Time.

SEC source: 0001493152-24-008586 · ownership.xml · derivative · entry 11

Cerminara Kyle · CIK 0001619991 · Director · CEO and Chairman · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 50,000

Underlying: Common Stock · 50,000 shares

Expires 2028-01-26

F9 · price: Received in the Merger in exchange for Stock Options to purchase shares of Company Common Stock (a "Company Stock Option"). At the Effective Time, each Company Stock Option was converted into a stock option to acquire the number of shares of Parent Common Stock equal to the product of (i) the number of shares subject to such Company Stock Option as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio.

F10 · price: The Parent Stock Option provides for vesting in five equal annual installments on the first anniversary of the grant date, which was January 26, 2018, and will continue to be governed by the same terms and conditions, including vesting terms and exercise price, as were applicable to the Parent Stock Option immediately prior to the Effective Time.

F9 · derivative.exercise_date: Received in the Merger in exchange for Stock Options to purchase shares of Company Common Stock (a "Company Stock Option"). At the Effective Time, each Company Stock Option was converted into a stock option to acquire the number of shares of Parent Common Stock equal to the product of (i) the number of shares subject to such Company Stock Option as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio.

F10 · derivative.exercise_date: The Parent Stock Option provides for vesting in five equal annual installments on the first anniversary of the grant date, which was January 26, 2018, and will continue to be governed by the same terms and conditions, including vesting terms and exercise price, as were applicable to the Parent Stock Option immediately prior to the Effective Time.

SEC source: 0001493152-24-008586 · ownership.xml · nonDerivative · entry 8

Cerminara Kyle · CIK 0001619991 · Director · CEO and Chairman · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Fundamental Global Holdings, LP

Disclosed balance after: 853,619

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock" or "Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F2 · price: Received in the Merger in exchange for an equal number of shares of Company Common Stock.

F7 · balance_after: The partnerships managed by FGGP including FGFH, Ballantyne Strong Holdings LLC ("BTN Holdings"), and Fundamental Global Holdings LP ("FGHP"), beneficially own in the aggregate 56,131 shares of Preferred Stock and 8,049,136 shares of Common Stock . FGGP may be deemed to be a beneficial owner of the securities disclosed as directly owned by FGFH, BTN Holdings, and FGHP. Due to Mr. Cerminara's position with FGGP and affiliated entities, Mr. Cerminara may be deemed to be beneficial owner of the securities disclosed as directly owned by FGFH, BTN Holdings, and FGHP. Mr. Cerminara disclaims beneficial ownership of the shares of Preferred Stock and Common Stock beneficially owned by FGGP except to the extent of his pecuniary interest therein.

SEC source: 0001493152-24-008586 · ownership.xml · nonDerivative · entry 7

Cerminara Kyle · CIK 0001619991 · Director · CEO and Chairman · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Ballantyne Strong Holdings, LLC

Disclosed balance after: 4,284,334

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock" or "Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F2 · price: Received in the Merger in exchange for an equal number of shares of Company Common Stock.

F7 · balance_after: The partnerships managed by FGGP including FGFH, Ballantyne Strong Holdings LLC ("BTN Holdings"), and Fundamental Global Holdings LP ("FGHP"), beneficially own in the aggregate 56,131 shares of Preferred Stock and 8,049,136 shares of Common Stock . FGGP may be deemed to be a beneficial owner of the securities disclosed as directly owned by FGFH, BTN Holdings, and FGHP. Due to Mr. Cerminara's position with FGGP and affiliated entities, Mr. Cerminara may be deemed to be beneficial owner of the securities disclosed as directly owned by FGFH, BTN Holdings, and FGHP. Mr. Cerminara disclaims beneficial ownership of the shares of Preferred Stock and Common Stock beneficially owned by FGGP except to the extent of his pecuniary interest therein.

SEC source: 0001493152-24-008586 · ownership.xml · nonDerivative · entry 5

Cerminara Kyle · CIK 0001619991 · Director · CEO and Chairman · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 897,469

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock" or "Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F4 · price: Received in the Merger in exchange for Restricted Share Units (RSUs) convertible into shares of Company Common Stock (a "Company RSU"). At the Effective Time, each Company RSU was converted into an RSU to acquire the number of shares of Parent Common Stock (a "Parent RSU") equal to the product of (i) the number of shares subject to such Company RSU as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio.

F5 · price: The Parent RSUs will vest in full on the first anniversary of the grant date, which was July 3, 2023, subject to continuous service through such vesting date.

SEC source: 0001493152-24-008586 · ownership.xml · nonDerivative · entry 4

Cerminara Kyle · CIK 0001619991 · Director · CEO and Chairman · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Minor Children

Disclosed balance after: 4,220

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock" or "Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F2 · price: Received in the Merger in exchange for an equal number of shares of Company Common Stock.

SEC source: 0001493152-24-008586 · ownership.xml · nonDerivative · entry 3

Cerminara Kyle · CIK 0001619991 · Director · CEO and Chairman · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Spouse

Disclosed balance after: 11,220

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock" or "Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F2 · price: Received in the Merger in exchange for an equal number of shares of Company Common Stock.

SEC source: 0001493152-24-008586 · ownership.xml · nonDerivative · entry 2

Cerminara Kyle · CIK 0001619991 · Director · CEO and Chairman · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By 401(k) Plan

Disclosed balance after: 7,540

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock" or "Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F2 · price: Received in the Merger in exchange for an equal number of shares of Company Common Stock.

SEC source: 0001493152-24-008586 · ownership.xml · nonDerivative · entry 1

Cerminara Kyle · CIK 0001619991 · Director · CEO and Chairman · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 871,428

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock" or "Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F2 · price: Received in the Merger in exchange for an equal number of shares of Company Common Stock.

F3 · balance_after: Includes 2,000 shares held in an individual account, 1,333 shares held in a joint account with spouse, the remaining 1,544 RSUs granted on August 13, 2019 as director compensation (also includes the 6,178 RSUs that have vested), the remaining 3,485 RSUs granted on August 12, 2020 as director compensation (also includes the 5,229 RSUs that have vested), and the remaining 11,594 RSUs granted on December 17, 2021, as director compensation (also includes the 2,898 RSUs that have vested), and the remaining 25,316 RSUs granted on August 19, 2022, as director compensation (also includes the 6,329 RSUs that have vested), and the remaining 43,333 RSUs granted on February 17, 2023 (also includes 86,667 RSUs that have vested but 25,125 of such RSUs were withheld for tax purposes), the remaining 36,764 RSUs granted on November 13, 2023 as director compensation and 350,000 RSUs granted on January 4, 2024 (of which 350,000 have vested but 101,465 were withheld for tax purposes).

SEC source: 0001493152-24-008592 · ownership.xml · nonDerivative · entry 2

Mitchell Michael C · CIK 0001887900 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 306,928

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F3 · price: Received in the Merger in exchange for Restricted Share Units (RSUs) convertible into shares of Company Common Stock (a "Company RSU"). At the Effective Time, each Company RSU was converted into an RSU to acquire the number of shares of Parent Common Stock (a "Parent RSU") equal to the product of (i) the number of shares subject to such Company RSU as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio.

F4 · price: The Parent RSUs will vest in full on the first anniversary of the grant date, which was July 3, 2023, subject to continuous service through such vesting date.

SEC source: 0001493152-24-008592 · ownership.xml · nonDerivative · entry 1

Mitchell Michael C · CIK 0001887900 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 286,095

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F2 · price: Received in the Merger in exchange for an equal number of shares of Company Common Stock.

SEC source: 0001493152-24-008589 · ownership.xml · nonDerivative · entry 2

Roschman Robert J · CIK 0001641669 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 195,526

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F3 · price: Received in the Merger in exchange for Restricted Share Units (RSUs) convertible into shares of Company Common Stock (a "Company RSU"). At the Effective Time, each Company RSU was converted into an RSU to acquire the number of shares of Parent Common Stock (a "Parent RSU") equal to the product of (i) the number of shares subject to such Company RSU as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio.

F4 · price: The Parent RSUs will vest in full on the first anniversary of the grant date, which was July 3, 2023, subject to continuous service through such vesting date.

SEC source: 0001493152-24-008589 · ownership.xml · nonDerivative · entry 1

Roschman Robert J · CIK 0001641669 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 174,693

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F2 · price: Received in the Merger in exchange for an equal number of shares of Company Common Stock.

SEC source: 0001493152-24-008590 · ownership.xml · nonDerivative · entry 2

Suh Ndamukong · CIK 0001664247 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 133,112

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F3 · price: Received in the Merger in exchange for Restricted Share Units (RSUs) convertible into shares of Company Common Stock (a "Company RSU"). At the Effective Time, each Company RSU was converted into an RSU to acquire the number of shares of Parent Common Stock (a "Parent RSU") equal to the product of (i) the number of shares subject to such Company RSU as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio.

F4 · price: The Parent RSUs will vest in full on the first anniversary of the grant date, which was July 3, 2023, subject to continuous service through such vesting date.

SEC source: 0001493152-24-008590 · ownership.xml · nonDerivative · entry 1

Suh Ndamukong · CIK 0001664247 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 112,279

F1 · price: On January 3, 2024, Fundamental Global Inc. (f/k/a FG Financial Group, Inc., the "Parent"), FG Group LLC (the "Acquiror"), and FG Group Holdings Inc. (the "Company") entered into a Plan of Merger (the "Merger Agreement"), pursuant to which the Company merged with and into the Acquiror, with the Acquiror surviving the merger as a wholly owned subsidiary of the Parent (the "Merger"). On February 29, 2024, at approximately 4:05 PM Eastern time, the effective time of the Merger (the "Effective Time"), all of the outstanding shares of common stock of the Company ("Company Common Stock") were converted into shares of common stock of the Parent ("Parent Common Stock") on a 1:1 basis (the "Exchange Ratio") pursuant to the terms of the Merger Agreement.

F2 · price: Received in the Merger in exchange for an equal number of shares of Company Common Stock.

SEC source: 0001493152-24-007520 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 554,639

F1 · kind: Shares were purchased within the FG Financial Group, Inc. Employee Share Purchase Plan.

F1 · shares: Shares were purchased within the FG Financial Group, Inc. Employee Share Purchase Plan.

F2 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which none have vested as of the date hereof) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 43,334 have vested to date but 14,644 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of common stock of the Company.

SEC source: 0001493152-24-004715 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 552,934

F1 · kind: Shares were purchased within the FG Financial Group, Inc. Employee Share Purchase Plan.

F1 · shares: Shares were purchased within the FG Financial Group, Inc. Employee Share Purchase Plan.

F2 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which none have vested as of the date hereof) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 43,334 have vested to date but 14,644 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of common stock of the Company.

SEC source: 0001493152-25-003853 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Head of Merchant Banking

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,382

F1 · shares: Represents shares purchased under Employee Share Purchase Plan.

F2 · balance_after: Effective October 31, 2024, Fundamental Global Inc went through one for twenty-five reverse split of its outstanding common shares.

SEC source: 0001493152-24-002628 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 551,422

F1 · kind: Shares were purchased within the FG Financial Group, Inc. Employee Share Purchase Plan.

F1 · shares: Shares were purchased within the FG Financial Group, Inc. Employee Share Purchase Plan.

F2 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which none have vested as of the date hereof) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 43,334 have vested to date but 14,644 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of common stock of the Company.

SEC source: 0001493152-24-001696 · ownership.xml · nonDerivative · entry 1

BAQAR HASSAN · CIK 0001529638 · Executive VP & CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 530,455

F1 · shares: Represents 350,000 RSUs granted on January 4, 2024, under the 2021 Equity Incentive Plan. All 350,000 RSUs will vest on February 17, 2024. Each RSU represent a contingent right to receive one share of common stock of the Company.

F2 · balance_after: Includes 63,000 shares purchased in underwritten public offering

SEC source: 0001493152-24-001695 · ownership.xml · nonDerivative · entry 1

Cerminara Kyle · CIK 0001619991 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 610,332

F1 · shares: Represents restricted stock units ("RSUs") granted under the 2021 Equity Incentive Plan. All 350,000 RSUs will vest on February 17, 2024. Each RSU represents a contingent right to receive one share of common stock of the Company.

F2 · balance_after: Includes 2,000 shares held in an individual account, 1,333 shares held in a joint account with spouse, the remaining 1,544 RSUs granted on August 13, 2019 as director compensation (also includes the 6,178 RSUs that have vested), the remaining 3,485 RSUs granted on August 12, 2020 as director compensation (also includes the 5,229 RSUs that have vested), and the remaining 11,594 RSUs granted on December 17, 2021, as director compensation (also includes the 2,898 RSUs that have vested), and the remaining 25,316 RSUs granted on August 19, 2022, as director compensation (also includes the 6,329 RSUs that have vested), and the remaining 86,666 RSU granted on February 17, 2023 ( also includes 43,334 RSU that have vested but 12,563 of such RSUs were withheld for tax purposes), the remaining 36,764 RSUs granted on November 13, 2023 as director compensation and the remaining 350,000 RSUs granted on January 4, 2024

SEC source: 0001493152-23-045472 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 550,064

F1 · kind: Shares were purchased within the FG Financial Group, Inc. Employee Share Purchase Plan.

F1 · shares: Shares were purchased within the FG Financial Group, Inc. Employee Share Purchase Plan.

F2 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which none have vested as of the date hereof) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 43,334 have vested to date but 14,644 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of common stock of the Company.

SEC source: 0001493152-23-043551 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 548,416

F1 · kind: Shares were purchased within the FG Financial Group, Inc. Employee Share Purchase Plan.

F1 · shares: Shares were purchased within the FG Financial Group, Inc. Employee Share Purchase Plan.

F2 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which none have vested as of the date hereof) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 43,334 have vested to date but 14,644 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of common stock of the Company.

SEC source: 0001493152-24-000275 · ownership.xml · nonDerivative · entry 1

SWETS LARRY G JR · CIK 0001409891 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 549,827

F1 · kind: Shares were purchased within the FG Financial Group, Inc. Employee Share Purchase Plan.

F1 · shares: Shares were purchased within the FG Financial Group, Inc. Employee Share Purchase Plan.

F2 · balance_after: Includes (i) 7,722 RSUs granted on August 13, 2019 under the 2018 Equity Incentive Plan as director compensation (of which 6,178 have vested to date), (ii) 370,000 RSUs granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which none have vested as of the date hereof) pursuant to Equity Award Letter Agreement dated January 18, 2021, and (iii) 130,000 RSU granted on February 17, 2023 under the 2021 Equity Incentive Plan (of which 43,334 have vested to date but 14,644 withheld from the vested RSU for taxes ) for performance related to fiscal year 2022. Each RSU represents a contingent right to receive one share of common stock of the Company.