FOA president reports RSU exercises and small share sale
Finance of America Companies Inc. President Kristen N. Sieffert reported a mix of equity award activity and a small share sale.
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Form Type
4
Rhea-AI Filing Summary
Finance of America Companies Inc. President Kristen N. Sieffert reported a mix of equity award activity and a small share sale. On April 1, 2026, she exercised restricted stock units into a total of 84,469 shares of Class A common stock and received a new grant of 72,674 restricted stock units as compensation.
To cover taxes on these settlements, 34,006 shares of common stock were withheld at prices of $16.60 per share. She also sold 750 shares of common stock at $16.63 per share in an open-market transaction made under a pre-arranged Rule 10b5-1 trading plan. Following these transactions, she directly holds 128,512 shares of Class A common stock.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
11 txns
Insider
Sieffert Kristen N
Role
President
Sold
750 shs ($12K)
Approx. gross sale proceeds
$12K
Approx. exercise cost
$0.00
Share of Position Sold
0.58%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 13,440 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 41,667 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 29,362 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 72,674 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 13,440 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 4,893 | $16.60 | $81K |
| Exercise | Class A Common Stock | 41,667 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 14,946 | $16.60 | $248K |
| Exercise | Class A Common Stock | 29,362 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 14,167 | $16.60 | $235K |
| Sale | Class A Common Stock | 750 | $16.63 | $12K |
Holdings After Transaction:
Restricted Stock Units — 173,067 contracts (Direct);
Class A Common Stock — 128,512 shares (Direct)
Holdings Before and After:
Restricted Stock Units, 184,862 to 173,067 contracts (Direct);
Class A Common Stock, 78,799 to 128,512 shares (Direct)
Other Insiders: 1 other insider reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (7)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A common stock ("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.
- F2. Represents the withholding of shares of Common Stock for tax purposes in connection with the settlement of RSUs.
- F3. 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. The remaining RSUs vest on the third anniversary of April 1, 2024, subject to the Reporting Person's continued employment.
- F4. 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. The remaining RSUs vest on the second and third anniversaries of April 1, 2025, subject to the Reporting Person's continued employment.
- F5. Represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.
- F6. These shares were sold in multiple transactions each at the price of $16.63.
- F7. Represents additional RSUs granted to the Reporting Person on April 1, 2026. 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. The RSUs shall vest in one-third increments upon the first, second and third anniversaries of the vesting reference date, April 1, 2026, subject to the Reporting Person's continued employment.
Key Figures
RSU exercises into common stock: 84,469 shares
New RSU grant: 72,674 units
Tax-withholding dispositions: 34,006 shares
+2 more
5 metrics
RSU exercises into common stock
84,469 shares
Shares of Class A common stock from RSU exercises on April 1, 2026
New RSU grant
72,674 units
Additional restricted stock units granted April 1, 2026
Tax-withholding dispositions
34,006 shares
Shares withheld to cover tax liabilities at $16.60 per share
Open-market sale
750 shares at $16.63
Sale executed under a Rule 10b5-1 trading plan
Post-transaction holdings
128,512 shares
Direct holdings of Class A common stock after all transactions
Key Terms
Restricted Stock Units, Rule 10b5-1 trading plan, tax-withholding disposition, grant, award, or other acquisition, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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.
Rule 10b5-1 trading plan regulatory
"Represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
tax-withholding disposition financial
"Represents the withholding of shares of Common Stock for tax purposes"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant, award, or other acquisition financial
"Grant, award, or other acquisition"
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did FOA President Kristen Sieffert report in this Form 4?
Kristen N. Sieffert reported exercising restricted stock units into 84,469 shares, receiving 72,674 new restricted stock units, tax-related share withholdings, and a small open-market sale of 750 shares. All transactions occurred on April 1, 2026 and reflect routine equity compensation activity.
How many restricted stock units did FOA’s President exercise and receive?
On April 1, 2026, Sieffert exercised restricted stock units corresponding to 84,469 shares of Class A common stock. She also received an additional grant of 72,674 restricted stock units, which represent contingent rights to future shares or cash at the issuer’s discretion, subject to vesting conditions.
How are FOA restricted stock units settled according to this filing?
Each restricted stock unit represents a contingent right to receive one share of Class A common stock. The units may be settled in stock, cash, or a combination, at the discretion of the issuer’s compensation committee, and remaining units vest over multi-year anniversaries subject to continued employment.
AI-generated analysis. How Rhea-AI works. Not financial advice.
