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Director Dominique Mielle of Tiptree Inc (NASDAQ:TIPT) recently purchased 5,500 shares of the company’s common stock at a price of $18.29 per share. The total value of the purchase amounted to $100,595.
The transaction, which occurred on November 7, 2025, was disclosed in a Form 4 filing with the Securities and Exchange Commission on November 10, 2025. Following the transaction, Mielle directly owns 70,712 shares of Tiptree Inc.
In other recent news, Tiptree Inc. announced plans to divest its insurance business, Fortegra, as part of a larger strategy to sell two key business units for approximately $1.7 billion. The agreement includes selling Fortegra for $1.65 billion, with Tiptree anticipating around $1.12 billion in gross proceeds. The transaction is expected to close in mid-2026, pending regulatory approvals. DB Insurance Co., Ltd. has signed an agreement to acquire Fortegra, marking a significant entry into the U.S. market for the Korean non-life insurer. This acquisition will be funded using DB Insurance’s internal resources.
Meanwhile, Veradace Partners L.P., a stakeholder in Tiptree, has voiced opposition to the proposed sale of Fortegra. The firm, holding a 5% stake in Tiptree, expressed concerns over the transaction’s terms, arguing it favors Tiptree management over shareholders. Veradace has urged Tiptree’s board to reconsider the deal structure to ensure proceeds are directly delivered to shareholders. These developments continue to unfold as Tiptree navigates the complex landscape of corporate divestitures and shareholder interests.
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