FACT Insider Trading

FACT II Acquisition Corp (FACT) operates in the Financial Services sector, specifically the Shell Companies industry, with a market capitalization near $261.2M, listed on NASDAQ, employing roughly 2 people, carrying a beta of 0.05 to the broader market. Freedom Acquisition I Corp. Led by Adam Gishen, public since 2024-11-26.

In the last 12 months, FACT II Acquisition Corp insiders made 0 buy transactions and 0 sale transactions.

DateNameTypeSharesPriceValue
Feb 14, 2025FACT II Acquisition LLC0$0.00$0
Feb 14, 2025FACT II Acquisition LLC0$0.00$0
Nov 25, 2024FACT II Acquisition LLC6,468,333$0.00$0
Nov 25, 2024Rackind Robert130,000$0.00$0
Nov 25, 2024Cady-Kruse Nell30,000$0.00$0
Nov 25, 2024Lee Min0$0.00$0
Nov 25, 2024Alashkar Hella30,000$0.00$0
Nov 25, 2024Gishen Adam0$0.00$0
Nov 25, 2024Rallo James M30,000$0.00$0

FACT Insider Activity by Quarter

Reported Form 4 and Form 5 lines under FACT's own SEC company ID, by transaction date, back to Q4 2024. Purchases and sales are code P / S (open market or private) in the company's shares; other lines are purchases and sales of other securities (options, warrants, preferred), awards, exercises, tax withholding, gifts and other acquisitions and dispositions. Later filings and amendments can change the current quarter. Earlier quarters are not shown: the filings read reach back to Feb 12, 2004, and a quarter counts only when every filing for it was read. 153 lines filed under another SEC company ID are not counted.

QuarterPurchasesBoughtSalesSoldOther Lines
Q4 2026 (so far)0N/A0N/A0
Q3 20260N/A0N/A0
Q2 20260N/A0N/A0
Q1 20260N/A0N/A0
Q4 20250N/A0N/A0
Q3 20250N/A0N/A0
Q2 20250N/A0N/A0
Q1 20250N/A0N/A0
Q4 20240N/A0N/A0

Filings Under Another SEC Company ID

153 filing lines on file were filed under an SEC company ID (CIK) other than FACT's (2028935). Such a filing can be a predecessor company's (one that reorganized, redomiciled or converted files under a new CIK), a former holder of the FACT ticker's, or another company's that FACT or its insiders report holding; the CIK alone does not say which. They are not counted in the figures above.

CIKLinesDatesSecurities
183898763Feb 25, 2021 to Nov 12, 2023Common Stock, Warrant (Right to Buy), Stock Option (Right to Buy)
144184861Dec 9, 2008 to Apr 21, 2010Stock Option (Right to Buy), Common Stock, Common Stock, $0.01 par value per share
78284229Apr 29, 2003 to Sep 21, 2007Common Stock, par value $0.01 per share, Common Stock, Stock Option

FACT Institutional Ownership (13F)

As of Jun 30, 2026 (Q2 2026), 46 institutions reported holding 17,054,137 FACT shares, valued at $181.2M as reported, 91.9% of its market cap (market cap of Jun 26, 2026). That is +4 institutions from the quarter before. Among managers whose reports for both quarters are comparable, 10 opened a position, 6 closed one, 7 added and 13 trimmed.

Top Holders, Q2 2026

ManagerSharesValueChange
HIGHBRIDGE CAPITAL MANAGEMENT LLC1,608,394$17.1MNew
TENOR CAPITAL MANAGEMENT Co., L.P.1,500,000$15.9MUnchanged
AQR Arbitrage LLC1,281,595$13.6MUnchanged
PICTON MAHONEY ASSET MANAGEMENT1,239,837$13.2M-10,163
BERKLEY W R CORP1,153,140$12.3M+827,695
Magnetar Financial LLC1,061,498$11.3MUnchanged
LMR Partners LLP1,002,470$10.7MUnchanged
MIZUHO SECURITIES USA LLC901,402$9.5M+650,498
D. E. Shaw & Co., Inc.866,244$9.2MUnchanged
Westchester Capital Management, LLC726,116$7.7MUnchanged

By Quarter

QuarterInstitutionsSharesValue
Q2 20264617,054,137$181.2M
Q1 20264217,189,735$180.5M
Q4 20254117,248,100$179.5M
Q3 20253916,651,034$171.7M
Q2 20253916,101,254$165.9M
Q1 20253314,278,089$143.2M
Q4 2024116,433,753$63.6M

From the SEC's Form 13F data sets: investment managers with $100 million or more in Section 13(f) securities report their holdings each quarter, up to 45 days after it ends; a restated filing replaces the original, and values are as the managers reported them (a position whose price runs about 1,000 times below other managers', from a manager whose positions mostly do, is read as reported in thousands of dollars). The same shares can be reported by more than one manager, so totals can count some twice.

How to Read FACT Insider Activity

Net insider activity is balanced over the trailing twelve months: 0 buys against 0 sales. Balanced activity typically reflects routine compensation-related vesting and tax-driven liquidity rather than directional information signals. The transaction table above includes the filer's reporting name, transaction type, share count, per-share price, and total dollar value where computable. For options traders, insider activity is one input to event-driven sizing alongside earnings calendar, analyst-rating cluster moves, and the implied-vol surface. Form 4 filings (the dominant Section 16 reporting form) must be submitted within two business days of the transaction; clusters of buys across multiple insiders within a short window are the strongest informational pattern. SEC EDGAR carries the underlying source filings for verification and additional historical depth.

Learn how insider trading is reported and how to read the data →

Frequently asked FACT insider trading questions

How active are FACT insiders right now?
Over the trailing twelve months, FACT II Acquisition Corp (FACT) insiders made 0 buy transactions and 0 sale transactions. Net insider activity over the trailing twelve months is balanced (0 buys, 0 sales). The transaction list above shows the most recent filings; each entry includes the insider's name, transaction type, share count, and per-share price.
What counts as an insider transaction?
Section 16 of the Securities Exchange Act requires officers, directors, and 10% beneficial-owner shareholders to disclose changes in their holdings via Form 3 (initial statement), Form 4 (subsequent transactions, filed within two business days), and Form 5 (annual catch-up). Insider transactions cover open-market purchases and sales, exercise of stock options, gifts, and grants. The "transaction type" field on each row distinguishes these subcategories.
Are FACT insider buys a bullish signal?
Insider purchases (Type P, made on the open market or privately; the code covers both) carry more informational weight than insider sales: an insider must commit personal capital, and the SEC scrutinizes purchases under Rule 10b5-1 for material non-public information. Sales, by contrast, are often driven by liquidity, tax planning, or pre-scheduled 10b5-1 trading plans rather than negative information. Cluster buying (multiple insiders buying within a short window) is a stronger signal than isolated buys.
How do FACT insider transactions affect options pricing?
Insider transaction data does not directly drive implied volatility, but Form 4 disclosures can move single-name IV if the size or timing is unusual (e.g. a large CEO buy ahead of an earnings window). Options markets price the marginal informational content; routine transactions under pre-scheduled plans are typically ignored. For event-driven options sizing, pair the insider transaction history with the upcoming earnings calendar.