FOA (NYSE: FOA) CIO reports RSU exercises, tax withholdings and new grant
Rhea-AI Filing Summary
Finance of America Companies Inc. Chief Investment Officer Jeremy Prahm reported multiple equity compensation transactions in Class A common stock. On April 1, 2026, he exercised restricted stock units into 139,947 shares of Class A common stock and had 63,817 shares withheld at $16.60 per share to cover tax obligations.
He also received a grant of 87,209 new restricted stock units, each representing a contingent right to one share of Class A common stock, vesting in one-third increments on the first, second, and third anniversaries of April 1, 2026, subject to continued employment. Following these transactions, he directly holds 243,424 shares of Class A common stock, and certain remaining restricted stock units are scheduled to vest on future anniversaries of April 1, 2024 and April 1, 2025.
Positive
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Insider Trade Summary
Net Buyer: 76,130 shares
Net Buy
10 txns
Insider
Prahm Jeremy
Role
Chief Investment Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 40,322 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 66,667 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 32,958 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 87,209 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 40,322 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 18,387 | $16.60 | $305K |
| Exercise | Class A Common Stock | 66,667 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 30,401 | $16.60 | $505K |
| Exercise | Class A Common Stock | 32,958 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 15,029 | $16.60 | $249K |
Holdings After Transaction:
Restricted Stock Units — 219,792 shares (Direct);
Class A Common Stock — 243,424 shares (Direct)
Footnotes (5)
- 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 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 stock: 139,947 shares
Tax withholding shares: 63,817 shares
Tax withholding price: $16.60 per share
+4 more
7 metrics
RSU exercises into stock
139,947 shares
Underlying Class A common stock from RSU exercises on April 1, 2026
Tax withholding shares
63,817 shares
Class A common stock withheld at $16.60 per share for taxes
Tax withholding price
$16.60 per share
Share value used for RSU-related tax withholding dispositions
New RSU grant
87,209 RSUs
Grant on April 1, 2026, each RSU for one Class A share
Shares held after transactions
243,424 shares
Direct Class A common stock ownership following April 1, 2026 activity
RSU exercise count
3 transactions
Derivative exercises (code M) reported in transaction summary
Tax-withholding transactions
3 transactions
Share withholdings for tax liabilities (code F) in non-derivative table
Key Terms
Restricted Stock Units, tax-withholding disposition, contingent right, compensation committee, +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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock."
compensation committee financial
"settled in either Common Stock or cash ... 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.
vesting reference date financial
"The RSUs shall vest in one-third increments upon the first, second and third anniversaries of the vesting reference date, April 1, 2026"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did FOA Chief Investment Officer Jeremy Prahm report?
Jeremy Prahm reported exercising restricted stock units into 139,947 shares of Class A common stock and a grant of 87,209 new RSUs. The filing also shows tax-related share withholdings and a resulting direct holding of 243,424 Class A common shares after these April 1, 2026 transactions.
What restricted stock unit grants were reported for FOA’s Jeremy Prahm?
The Form 4 shows a grant of 87,209 restricted stock units on April 1, 2026. Each RSU represents a contingent right to receive one share of Class A common stock, vesting in one-third increments on the first, second, and third anniversaries of April 1, 2026, subject to continued employment.
How many FOA RSUs did Jeremy Prahm convert into common stock?
Jeremy Prahm exercised restricted stock units corresponding to 139,947 underlying shares of Class A common stock. These derivative exercises are reported with transaction code M and converted previously granted RSUs into non-derivative Class A common shares on April 1, 2026.
How do Jeremy Prahm’s FOA RSUs vest following the new grant?
The new 87,209 RSUs granted April 1, 2026 vest in one-third increments on the first, second and third anniversaries of that date. Footnotes also describe remaining RSUs that vest on the third anniversary of April 1, 2024 and the second and third anniversaries of April 1, 2025.