Home / Auditor changes / FRP HOLDINGS, INC.

1/5FRP HOLDINGS, INC. (FRPH): Auditor change

Filed 2025-05-05 路 Form 8-K 路 Accession 0000844059-25-000016 small

Market data

Price before filing: $27.91 (2025-05-02 close, split/dividend-adjusted)
Market cap at flag: $521.8M (2025-05-05) 路 Latest: $367.4M (2026-10-16)

What happened next

WindowFRPHSPYvs SPY
30 days-2.7%+5.1%-7.9%2025-06-04
90 days-5.7%+11.7%-17.4%2025-08-04
180 days-16.5%+21.3%-37.8%2025-11-03

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"On May 1, 2025, Hancock Askew & Co. resigned as the auditors of the Company and with the approval of the Audit Committee of the Company's Board of Directors, Baker Tilly was engaged as its independent registered public accounting firm."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: routine (audit-firm merger)
Disagreements reported: no

Why this score: routine: audit firm merged/was acquired

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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