Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain

Officers.

On July 1, 2021, the Board of Directors (the "Board") of Fortress Value Acquisition Corp. IV (the "Company") elected Leilani Verge to serve as a director of the Company. Ms. Verge will serve until the second Annual Meeting of Stockholders or until her successor shall be elected and duly qualified.

Ms. Verge has served as the Co-Chairman and Chief Financial Officer of a portfolio of business ventures under The Verge Company umbrella since 2017 and worked for Ernst and Young ("EY") from 1990 to 1996. After EY, Ms. Verge founded Westside Rentals, where she helped manage a large diverse workforce. Ms. Verge graduated from USC with an accounting degree and has a California CPA license. The Company believes Ms. Verge is well qualified to serve on the Board due to her financial management and investment expertise.

There are no arrangements or understandings between Ms. Verge and any other person pursuant to which she was elected as a director of the Company, and there are no family relationships between Ms. Verge and any of the Company's other directors or executive officers.

In connection with Ms. Verge's appointment, she and the Company entered into (i) an indemnification agreement and (ii) a joinder to each of the letter agreement and the registration rights agreement, each dated as of July 1, 2021, entered into by the Company with its directors (and the other parties thereto) in connection with the Company's initial public offering. Each of the director indemnification agreement, the letter agreement and the registration rights agreement was described in, and the forms of which were filed as exhibits to, the Company's registration statement relating to the Company's initial public offering (File No. 333-253306).

In connection with his appointment as a director of the Company, Ms. Verge will receive 25,000 founder shares from the Company's sponsor, Fortress Value Acquisition Sponsor IV LLC.





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