Finance of America 10% owner logs small share buy
Finance of America Companies Inc. reported an insider transaction by 10% owner Leon G. Cooperman, involving an indirect open-market purchase of 28 shares of Class A common stock at $16.10 per share.
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Rhea-AI Filing Summary
Finance of America Companies Inc. reported an insider transaction by 10% owner Leon G. Cooperman, involving an indirect open-market purchase of 28 shares of Class A common stock at $16.10 per share. The shares are held in the account of Omega Capital Partners, L.P., a private investment entity over which he has investment discretion, with 1,267,718 shares indirectly owned after the trade. Additional small direct and indirect holdings are reported in various family and retirement accounts, with beneficial ownership broadly disclaimed except for any pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock, par value $0.0001 per share | 28 | $16.10 | $450.80 |
| Holding | Class A Common Stock, par value $0.0001 per share | -- | -- | -- |
| Holding | Class A Common Stock, par value $0.0001 per share | -- | -- | -- |
| Holding | Class A Common Stock, par value $0.0001 per share | -- | -- | -- |
| Holding | Class A Common Stock, par value $0.0001 per share | -- | -- | -- |
| Holding | Class A Common Stock, par value $0.0001 per share | -- | -- | -- |
Footnotes (5)
- 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.
- 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.
- F3. These securities are held in the individual retirement account of Mr. Cooperman. 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.
- F4. These securities are held in the individual retirement account of Michael Cooperman, the Reporting Person's adult child, 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.
- F5. These securities are held in the individual retirement account of Toby Cooperman, the Reporting Person's spouse, 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.
FAQ
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