Tiptree Inc. Chairman and CEO Michael Gene Barnes filed a Form 4 on October 27, 2026, reporting a purchase of 30,930 shares of Tiptree Inc. common stock on October 23, 2026, executed under a Rule 10b5-1 trading plan.

Key Highlights

  • Transaction date: October 23, 2026, with 30,930 shares of common stock acquired.
  • Weighted average price: $16.24 per share, with individual purchases ranging from $16.21 to $16.25, inclusive.
  • Post-transaction ownership: Barnes directly held 10,116,358 shares of common stock following the transaction.
  • Rule 10b5-1 plan: The filing indicates the purchase was made pursuant to a contract, instruction, or written plan satisfying the affirmative defense conditions of Rule 10b5-1(c).
  • Roles held: Barnes is identified as Director, 10% Owner, and Officer (Chairman and CEO) of Tiptree Inc.
  • Transaction code: P (open-market purchase), direct ownership form.

Barnes Acquires Tiptree Common Stock Under 10b5-1 Plan

According to the Form 4 filed with the SEC, Michael Gene Barnes, Chairman and CEO of Tiptree Inc. (NASDAQ:TIPT), acquired 30,930 shares of Tiptree common stock on October 23, 2026. The filing reports the transaction code as "P," indicating an open-market purchase held directly by the reporting person. The purchase was flagged as being made pursuant to a Rule 10b5-1(c) written plan, as indicated by the checked box on the form.

The filing discloses a weighted average purchase price of $16.24 per share. According to footnote 1 of the filing, "this purchase was executed in multiple purchases at prices ranging from $16.21 to $16.25, inclusive." The filing further states that Barnes "undertakes to provide to the issuer, any security holding of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected."

Following the reported transaction, the filing states that Barnes beneficially owned 10,116,358 shares of Tiptree common stock on a direct basis. No derivative securities transactions were reported in Table II of the filing. The Form 4 was signed by Siew Kwok as attorney-in-fact for Michael Barnes and dated October 27, 2026.

What Was Disclosed

The filing reports a single open-market purchase of 30,930 shares of Tiptree Inc. common stock by Chairman and CEO Michael Gene Barnes on October 23, 2026, at a weighted average price of $16.24, executed under a Rule 10b5-1 plan, resulting in direct beneficial ownership of 10,116,358 shares.