Finance of America (FOA) director gains shares via 4,570 RSU vesting and 5,094-unit grant
Rhea-AI Filing Summary
Finance of America Companies director Norma Corio reported equity awards and vesting activity. On May 15, 2026, 4,570 restricted stock units vested and converted into the same number of Class A Common Stock shares, increasing her direct holdings to 31,150 shares.
On May 18, 2026, she received a new grant of 5,094 restricted stock units, each representing one share of Class A Common Stock to be settled in stock or cash at the compensation committee’s discretion. These RSUs vest on the earlier of May 18, 2027 or the next annual stockholders’ meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,570 shares
Net Buy
3 txns
Insider
Corio Norma
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,094 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,570 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,570 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 5,094 shares (Direct);
Class A Common Stock — 31,150 shares (Direct)
Footnotes (4)
- F1. Reflects restricted stock units ("RSUs") that, upon vesting, converted into shares of Class A Common Stock of the Issuer ("Common Stock") on a one-for-one basis.
- F2. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will be settled in either Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee.
- F3. Reflects RSUs that vested on May 15, 2026, the date of the Issuer's annual stockholders' meeting following the date of grant.
- F4. These RSUs shall vest on the earlier of (i) May 18, 2027 or (ii) the regularly scheduled annual stockholders' meeting of the Issuer following the grant date.
Key Figures
RSUs vested: 4,570 units
Shares after vesting: 31,150 shares
New RSU grant: 5,094 units
+2 more
5 metrics
RSUs vested
4,570 units
RSUs converted to Class A Common Stock on May 15, 2026
Shares after vesting
31,150 shares
Class A Common Stock held directly after May 15, 2026 transaction
New RSU grant
5,094 units
Restricted stock units granted on May 18, 2026
RSU settlement terms
1 share or cash per RSU
Each RSU represents one share of Class A Common Stock or cash equivalent
RSU vesting date
May 18, 2027
Or earlier at next annual stockholders’ meeting for 5,094-unit grant
Key Terms
Restricted Stock Units, Class A Common Stock, compensation committee, annual stockholders' meeting, +1 more
5 terms
Restricted Stock Units financial
"Reflects restricted stock units ("RSUs") that, upon vesting, converted into shares of Class A Common Stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"converted into shares of Class A Common Stock of the Issuer ("Common Stock") on a one-for-one basis"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
compensation committee financial
"settled in either Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
annual stockholders' meeting financial
"vested on May 15, 2026, the date of the Issuer's annual stockholders' meeting following the date of grant"
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did FOA director Norma Corio report on this Form 4?
Norma Corio reported only acquisition-type transactions. On May 15, 2026, 4,570 RSUs vested into Class A Common Stock, and on May 18, 2026, she received a grant of 5,094 new RSUs, with no sales or dispositions reported.
What are the terms of the 5,094 RSUs granted to FOA director Norma Corio?
The grant consists of 5,094 restricted stock units. Each RSU represents a right to receive one share of Class A Common Stock, settled in stock, cash, or a combination, at the compensation committee’s discretion, and vests on May 18, 2027 or the next annual stockholders’ meeting, whichever comes first.
How did the RSUs vesting on May 15, 2026 affect FOA’s Class A Common Stock held by Norma Corio?
4,570 RSUs vested into 4,570 Class A Common Stock shares. These RSUs converted on a one-for-one basis at vesting, increasing her direct common stock ownership to 31,150 shares after the transaction, according to the reported post-transaction total.
When will the newly granted 5,094 FOA RSUs to Norma Corio vest?
The new 5,094 RSUs vest on a time- and event-based schedule. They vest on the earlier of May 18, 2027 or the regularly scheduled annual stockholders’ meeting following the grant date, as described in the Form 4 footnotes.