TIPT
Tiptree Inc.18.36
+0.15+0.82%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
694.44MP/E (TTM)
15.97Basic EPS (TTM)
1.15Dividend Yield
0.01%Recent Filings
8-K
CEO transition to Barnes
Tiptree Inc. announced CEO Jonathan Ilany's transition to non-executive Vice Chairman effective January 1, 2026, with Executive Chairman Michael Barnes stepping in as CEO. Ilany will advise through 2026, earning $500,000 plus a 2025 bonus and 3.5% of 2026 Adjusted EBITDA. Leadership shifts smoothly. Transition aids pending deals.
8-K
Tiptree swaps GC amid downsizing
Tiptree Inc. separated from VP, General Counsel, and Secretary Neil Rifkind effective December 5, 2025, amid legal department downsizing, triggering $1,600,000 cash severance payable February 3, 2026, plus accelerated unvested equity and COBRA subsidies through June 5, 2027. Board instantly appointed internal veteran Siew Kwok—Deputy GC since 2014—to the role. Smooth handover. Separation binds Rifkind to confidentiality and non-disparagement.
8-K
Shareholders approve Fortegra merger
Tiptree shareholders approved the merger of Fortegra with a DB Insurance subsidiary on December 3, 2025, with 25.1 million for votes crushing 6.0 million against—81% in favor. The all-cash deal, inked September 26, eyes mid-2026 close pending regulatory nods. Shareholders win big. Risks linger from approvals and litigation.
8-K
ISS backs Fortegra merger
ISS recommends Tiptree shareholders vote 'FOR' DB Insurance's all-cash acquisition of Fortegra, citing a competitive sales process that explored IPOs and outright sales without success. The proxy advisor highlights Tiptree's strong five-year TSR outpacing peers. Vote by December 3. Risks include litigation delaying close.
8-K
Tiptree sells Fortegra, Reliance
Tiptree Inc. agreed to sell Fortegra for $1.65 billion, netting $1.12 billion in gross proceeds pending approvals, with closing eyed for mid-2026; it also inked a deal to offload Reliance First Capital for $51 million, or 93.5% of tangible book value, closing in Q1 2026. These moves boost pro-forma book value to $930 million after taxes and fees, while Q3 revenues climbed 9.3% to $540.3 million on premium growth, though GAAP net income dipped to $6.4 million from deal costs. The board declared a $0.06 per share dividend. Sales hinge on regulatory nods.
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