Tiptree INC Schedule 13D activist filings

Tiptree Inc.'s CEO and Chairman, Michael Barnes, has initiated a trading plan to acquire up to $2 million in company common stock.

Veradace Partners, a significant Tiptree shareholder, has filed an amended Schedule 13D to detail its strong opposition to the proposed sale of Fortegra to DB Insurance, citing undervaluation and a flawed process.

Veradace Capital Management, holding a 5% stake in Tiptree Inc., publicly opposes the proposed sale of its insurance subsidiary Fortegra to DB Insurance, citing undervaluation and tax inefficiencies.

Michael Barnes, Executive Chairman of Tiptree Inc., has entered into a voting agreement to support the merger of The Fortegra Group, Inc. with a subsidiary of DB Insurance Co., Ltd.

Arif Inayatullah, a significant shareholder in Tiptree Inc., has committed his 8.97% stake to support the company's merger agreement with DB Insurance Co., Ltd. for Fortegra.