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  4. [Form 3] Finance of America Companies Inc. Initial Statement of Beneficial Ownership

Leon Cooperman Reports 992,628 Indirect FOA Shares on Form 3

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Finance of America Companies Inc. (FOA) Form 3 discloses initial beneficial ownership by Leon G. Cooperman. The filing reports 992,128 Class A shares held indirectly through Omega Capital Partners, L.P., and 500 Class A shares held indirectly in a UTMA account for the reporting person’s minor grandchild. The filer is identified as a Director and the report date for the triggering transaction is 08/26/2024. The report is signed by an attorney-in-fact on 09/02/2025.

Positive

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Negative

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Insights

TL;DR: Routine disclosure of indirect ownership by a director; indicates compliance with Section 16 reporting requirements.

The Form 3 shows Leon G. Cooperman reports indirect holdings totaling 992,628 Class A shares via an investment vehicle and a UTMA account. Classification as a director is disclosed, and the filing clarifies the reporter disclaims direct beneficial ownership, noting investment discretion over the accounts. This is a standard initial statement to establish reporting for Section 16 purposes.

TL;DR: Disclosure is informational; no derivative positions or acquisitions detailed beyond indirect holdings.

The filing lists only non-derivative Class A common stock positions—no options, warrants, or convertible securities are reported. The largest position, 992,128 shares, is held through Omega Capital Partners, L.P., and the smaller 500 shares are in a UTMA for a minor. This provides transparency on potential insider alignment without indicating trading activity.

Insider COOPERMAN LEON G
Role 10% Owner
Type Security Shares Price Value
holding Class A Common Stock, par value $0.0001 per share -- -- --
holding Class A Common Stock, par value $0.0001 per share -- -- --
Holdings After Transaction: Class A Common Stock, par value $0.0001 per share — 992,628 shares (Indirect, See Footnote)
Footnotes (2)
  1. F1. The securities are held in the account of Omega Capital Partners, L.P., a private investment entity over which the Reporting Person has investment discretion. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
  2. F2. These securities are held in the UTMA account of Asher Silvin Cooperman, the Reporting Person's minor grandchild, over which the Reporting Person maintains investment discretion. The Reporting Person disclaims beneficial ownership, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.

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FAQ

What ownership does Leon G. Cooperman report in FOA (Finance of America Companies Inc.)?
The Form 3 reports 992,128 Class A shares held indirectly via Omega Capital Partners, L.P., and 500 Class A shares held indirectly in a UTMA account.

What relationship to FOA does the reporting person have?
The filing identifies the reporting person as a Director of Finance of America Companies Inc.

Were any derivative securities reported on this Form 3 for FOA?
No. Table II shows no derivative securities; only non-derivative Class A common stock is reported.

What dates are listed on the Form 3 for the event and signature?
The event requiring the statement is dated 08/26/2024 and the Form is signed by an attorney-in-fact on 09/02/2025.

Does the filer claim direct beneficial ownership of the reported shares?
No. The filer disclaims beneficial ownership and states the shares are held with investment discretion, not as direct beneficial ownership.
SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
COOPERMAN LEON G
(Last) (First) (Middle)
ST. ANDREW'S COUNTRY CLUB
7118 MELROSE CASTLE LANE
(Street)
BOCA RATON FL 33496
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/26/2024 		3. Issuer Name and Ticker or Trading Symbol
Finance of America Companies Inc. [ FOA ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock, par value $0.0001 per share 992,128 I See Footnote(1)
Class A Common Stock, par value $0.0001 per share 500 I See Footnote(2)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The securities are held in the account of Omega Capital Partners, L.P., a private investment entity over which the Reporting Person has investment discretion. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
2. These securities are held in the UTMA account of Asher Silvin Cooperman, the Reporting Person's minor grandchild, over which the Reporting Person maintains investment discretion. The Reporting Person disclaims beneficial ownership, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
/s/ Edward Levy, Attorney-In-Fact, POA on file 09/02/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR