Finance Of America Companies Inc SEC Filings

Finance of America Companies Inc. (FOA) filed a Form 4 reporting that its Chief Accounting Officer sold 1,100 shares of Class A common stock on 11/17/2025 at $22.63 per share. After this transaction, the officer beneficially owns 12,850 shares of FOA common stock.

The filing notes that the sale was carried out under a pre-arranged Rule 10b5-1 trading plan, which was adopted on December 4, 2024 and amended on December 13, 2024. Such plans are designed to allow insiders to sell shares pursuant to a preset schedule.

Finance of America Companies Inc. (FOA) reported insider equity activity by its Chief Financial Officer. On 11/17/2025, the CFO settled 12,452 restricted stock units (RSUs), receiving the same number of Class A common shares at an exercise price of $0. To cover taxes on this settlement, 4,456 Class A shares were withheld at a price of $22.99, leaving the officer with 22,836 Class A shares held directly.

The filing also notes outstanding RSU awards. One award covers 21,667 RSUs granted on April 1, 2024, vesting in one-third increments on the second and third anniversaries of that vesting reference date, subject to continued employment. Another award covers 42,246 RSUs granted on April 1, 2025, vesting in one-third increments on the first, second, and third anniversaries of that vesting reference date, also contingent on continued employment. Each RSU represents a right to receive one share of Class A common stock or cash, at the compensation committee’s discretion.

Finance of America Companies Inc. (FOA), through its indirect subsidiary Finance of America Reverse LLC (FAR), agreed to acquire certain assets and liabilities of PHH Mortgage Corporation’s residential reverse mortgage loan origination and servicing business. FAR will purchase a portfolio of residential reverse mortgage loans and related servicing rights, paying an amount at closing equal to the estimated book value of the purchased assets, subject to customary holdbacks and post-closing price adjustments. PHH will act as FAR’s subservicer for three years after closing under a new subservicing agreement, with rights to extend that term. Closing depends on conditions including consent from Government National Mortgage Association to transfer the servicing rights without adverse modifications, and either party may terminate if the transaction is not completed by May 1, 2026, subject to an extension right for FAR. The company also issued a press release announcing the transaction.

Finance of America Companies Inc. (FOA)8,029,817 shares of Class A common stock, representing 63.1% of the class, with part of this stake issuable upon conversion of FoA Units. Together with Brian Libman and his affiliates, the group may be deemed to beneficially own 17,331,176 shares, or 83.0% of the outstanding Class A stock. The amended and restated repurchase agreement provides for FOA to repurchase the “Sold Equity” in two closings at $10.00 per share, with a 15.00% per annum price increase for later closing amounts and a $10,037,271.20 premium if the first closing does not occur by December 4, 2025, and sets an outside date of February 27, 2026 for the second closing, subject to customary conditions and termination rights.

FOA shareholder Tai A. Thornock filed a Form 144 notice to sell 1,100 Class A shares through Fidelity Brokerage Services on the NYSE, with an aggregate market value of $24,893. The filing notes that 7,891,348 Class A shares were outstanding at the time.

The 1,100 shares to be sold were acquired on 04/01/2024 through restricted stock vesting from the issuer as compensation. Over the past three months, Thornock has already sold 1,100 Class A shares on each of 08/18/2025, 09/16/2025, and 10/16/2025, for gross proceeds of $29,931, $28,457, and $23,474, respectively.

Finance of America (FOA) reported a Form 4 for its Chief Executive Officer, detailing an award of 700,000 Class B Units of Finance of America Equity Capital LLC on 11/12/2025 (code A) at a price of $0.

These units vest only upon a Change in Control, subject to continued employment. Upon vesting, each Class B Unit converts into Class A Units with value equal to any “Spread Value,” defined as the amount by which the fair market value of FOA Class A Common Stock exceeds $23.01 on the vesting date. The board may settle the Spread Value in cash, Class A Units, or a combination. After conversion, each Class A Unit is exchangeable for one share of FOA Class A Common Stock at the holder’s election.

Finance of America Companies Inc. (FOA) reported an insider equity award. President Kristen N. Sieffert acquired 400,000 Class B Units of Finance of America Equity Capital LLC on 11/12/2025.

The derivative award carries a $0 exercise price and an expiration date of 11/12/2030. The units vest only upon the consummation of a Change in Control, subject to continued employment. Upon vesting, each Class B Unit converts into Class A Units with value equal to any spread above $23.01 per share and may be settled in cash, Class A Units, or a combination at the Board’s discretion. After conversion, each Class A Unit is exchangeable on the vesting date into one share of Class A Common Stock at the reporting person’s election.

Finance of America Companies (FOA) reported that Chief Legal Officer Lauren Richmond filed a Form 4 disclosing the acquisition of 150,000 Class B Units of Finance of America Equity Capital LLC on 11/12/2025 at a price of $0.

The units vest only upon the consummation of a Change in Control, subject to continued employment. Upon vesting, each Class B Unit converts into Class A Units based on any “Spread Value”, defined as the excess of the fair market value of FOA Class A Common Stock over $23.01. The Board may settle the Spread Value in cash, Class A Units, or both. Each resulting Class A Unit is exchangeable one-for-one into FOA Class A Common Stock on the vesting date at the reporting person’s election.

Finance of America Companies Inc. (FOA)50,000 Class B Units of Finance of America Equity Capital LLC on 11/12/2025 at a price of $0. These units vest only upon the consummation of a Change in Control under the 2021 Omnibus Incentive Plan, subject to continued employment.

Upon vesting, each Class B Unit converts based on any “Spread Value,” defined as the excess of the Common Stock fair market value over $23.01. Converted Class A Units are exchangeable one-for-one for Class A Common Stock on the vesting date, at the reporting person’s election.