Director Lance West at Finance of America (FOA) gets 5,094 RSUs, converts 4,570
Rhea-AI Filing Summary
Finance of America Companies Inc. director Lance West reported routine equity compensation activity. On May 18, 2026, he received a grant of 5,094 Restricted Stock Units (RSUs), each representing a contingent right to one share of Class A Common Stock, to be settled in stock or cash at the compensation committee’s discretion.
Separately, on May 15, 2026, 4,570 RSUs vested and were converted into 4,570 shares of Class A Common Stock on a one-for-one basis. After these transactions, he directly holds 26,850 shares of Class A Common Stock and 5,094 RSUs that will vest on the earlier of May 18, 2027 or the next annual stockholders’ meeting.
Positive
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Insider Trade Summary
Net Buyer: 4,570 shares
Net Buy
3 txns
Insider
West Lance
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 — 26,850 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 granted: 5,094 RSUs
RSUs exercised: 4,570 RSUs
Shares issued from RSUs: 4,570 shares
+3 more
6 metrics
RSUs granted
5,094 RSUs
Equity award to Lance West on May 18, 2026
RSUs exercised
4,570 RSUs
Converted into Class A Common Stock on May 15, 2026
Shares issued from RSUs
4,570 shares
One-for-one conversion of vested RSUs
Shares owned after transactions
26,850 shares
Direct Class A Common Stock holdings after Form 4 events
Unvested RSUs outstanding
5,094 RSUs
Remain subject to vesting after May 18, 2026 grant
Derivative exercises reported
1 exercise, 4,570 shares
Exercise or conversion of derivative security (Code M)
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right, compensation committee, +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.
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 (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."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Lance West report at Finance of America (FOA)?
Director Lance West reported an equity award and an RSU vesting. He received 5,094 Restricted Stock Units and had 4,570 RSUs convert into 4,570 Class A Common shares as part of routine compensation activity.
How many RSUs were granted to Lance West by Finance of America (FOA)?
Lance West was granted 5,094 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Class A Common Stock, settled in stock, cash, or a combination at the compensation committee’s discretion.
What are Lance West’s holdings after these FOA Form 4 transactions?
Following the reported transactions, Lance West directly holds 26,850 shares of Class A Common Stock and 5,094 unvested RSUs. The RSUs will convert into additional shares if vesting conditions are satisfied in the future.
When will Lance West’s new RSUs at Finance of America vest?
The 5,094 new RSUs will vest on the earlier of May 18, 2027, or the next regularly scheduled annual stockholders’ meeting. Vesting timing is tied to his continued board service and the company’s annual meeting schedule.
How are Lance West’s RSUs at FOA settled when they vest?
Each vested RSU may be settled in Class A Common Stock, cash, or a mix. The specific form of settlement is determined at the discretion of Finance of America’s compensation committee at the time of vesting.