[Form 4] Finance of America Companies Inc. Insider Trading Activity
Rhea-AI Filing Summary
Finance of America Companies Inc. Chief Legal Officer Lauren Richmond reported multiple equity compensation moves involving restricted stock units (RSUs) and Class A common stock on April 1, 2026. She exercised RSUs to acquire 16,360 shares of common stock and had 4,177 shares withheld to cover tax obligations at $16.60 per share, leaving her with 40,399 directly held common shares.
Richmond also received a new grant of 29,069 RSUs, each representing a contingent right to one share of Class A common stock, which will settle in stock or cash at the compensation committee’s discretion. According to the footnotes, various RSU awards vest in annual installments tied to anniversaries of April 1, 2024, April 1, 2025, and April 1, 2026, subject to her continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,183 shares
Net Buy
10 txns
Insider
Richmond Lauren
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,032 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 8,333 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,995 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 29,069 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,032 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,181 | $16.60 | $20K |
| Exercise | Class A Common Stock | 8,333 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,023 | $16.60 | $34K |
| Exercise | Class A Common Stock | 3,995 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 973 | $16.60 | $16K |
Holdings After Transaction:
Restricted Stock Units — 45,393 shares (Direct);
Class A Common Stock — 40,399 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: 16,360 shares
Tax withholding shares: 4,177 shares
New RSU grant: 29,069 RSUs
+2 more
5 metrics
RSU exercises into stock
16,360 shares
Shares of Class A common stock acquired via RSU exercises on April 1, 2026
Tax withholding shares
4,177 shares
Shares withheld at $16.60 per share to cover taxes on April 1, 2026
New RSU grant
29,069 RSUs
Additional restricted stock units granted on April 1, 2026
Ending common stock holdings
40,399 shares
Directly held Finance of America Class A common shares after transactions
Tax withholding price
$16.60 per share
Price used for share withholding to satisfy tax liabilities
Key Terms
Restricted Stock Units, Class A common stock, tax withholding, 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.
Class A common stock financial
"receive one share of the Issuer's Class A common stock ("Common Stock")"
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.
tax withholding financial
"Represents the withholding of shares of Common Stock for tax purposes"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
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.
vest financial
"The remaining RSUs vest on the third anniversary of April 1, 2024"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
