SCHEDULE: Brian Pemble Increases Stake in Forum Markets to 10.99%

Brian James Pemble has amended his Schedule 13G filing to report beneficial ownership of 1,451,714 shares of Forum Markets, Incorporated common stock, representing 10.99% of the class.

Summary

• Brian James Pemble has increased his beneficial ownership in Forum Markets, Incorporated to 1,451,714 shares of common stock.
• This represents 10.99% of the total outstanding shares, calculated based on 13,210,145 shares as of June 29, 2026.
• The increase in percentage ownership is attributed to the company's ongoing share repurchase program, not new share acquisitions by Mr. Pemble.
• Mr. Pemble's most recent purchase of Forum Markets common stock occurred on April 17, 2026.
• Shares are held in various accounts, including individual brokerage, 401(k)s, and an IRA, with some shares held jointly with his spouse.
• Mr. Pemble does not include 84,166 shares held solely by his legally separated spouse in his beneficial ownership calculation, as he has no power to vote or dispose of them and no pecuniary interest.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. While an increased ownership percentage is noted, it is driven by company share repurchases rather than new investment, and the filing lacks operational or financial details.

Positives

• Increased beneficial ownership percentage to 10.99% due to company share repurchases, indicating potential confidence in the company's value.
• Mr. Pemble's most recent purchase was on April 17, 2026, suggesting continued investment activity.
• Clear disclosure of shareholdings and the rationale for excluding shares held by a legally separated spouse.

Negatives

• The filing does not contain financial performance data or operational updates, making it difficult to assess the company's underlying health.
• The increase in ownership percentage is a result of share reduction by the company, not necessarily new investment, which could be interpreted neutrally or slightly negatively depending on the context of the buyback.

Risks

• The filing mentions legal separation and pending dissolution of marriage proceedings, which could introduce personal financial complexities for the reporting person.
• The company's ongoing share repurchase program, while increasing Mr. Pemble's percentage ownership, could also indicate a lack of growth opportunities or a strategy to boost per-share metrics.

Future Outlook

The filing does not contain any forward-looking statements or guidance from the company. The future outlook is solely based on the reporting person's continued ownership and the company's share repurchase program.

Industry Context

StockSavvy.ai notes that Schedule 13G filings typically report passive investors who own more than 5% of a company's stock. Brian James Pemble's increased stake, driven by share repurchases, suggests a potential shift in the company's capital allocation strategy, which is a common trend in mature companies seeking to enhance shareholder value.

Legal Proceedings

• Proceedings for the dissolution of marriage between Brian James Pemble and his spouse were filed in 2024 and remain pending.

Related Party Transactions

• Shares held jointly with the Reporting Person's spouse with rights of survivorship.

Stakeholder Impact

• Shareholders: The increase in Mr. Pemble's ownership percentage, driven by share repurchases, could be viewed positively if it signals a commitment to returning capital, but it also means fewer shares outstanding, potentially concentrating ownership.
• Employees: No direct impact mentioned.
• Creditors: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Customers: No direct impact mentioned.

Next Steps

• Monitor future filings from Brian James Pemble for any changes in beneficial ownership.
• Observe Forum Markets, Incorporated's ongoing share repurchase program and its impact on outstanding shares.

Key Dates

Keywords

Schedule 13G, Forum Markets, Brian James Pemble, Beneficial Ownership, Common Stock, Share Repurchase, SEC Filing, Securities Exchange Act