Finance of America (FOA) CIO logs 5,228-share Rule 10b5-1 sale
Rhea-AI Filing Summary
Finance of America Companies Inc. Chief Investment Officer Jeremy Prahm reported an open-market sale of 5,228 shares of Class A Common Stock at a weighted average price of $21.3868 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
After this sale, Prahm directly holds 226,968 shares. The filing notes that the sale price reflects multiple trades within a range of $20.68 to $21.89 per share, indicating a routine, programmatic disposition rather than a discretionary block trade.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,228 shares
Net Sell
1 txn
Insider
Prahm Jeremy
Role
Chief Investment Officer
Sold
5,228 shs ($112K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,228 | $21.3868 | $112K |
Holdings After Transaction:
Class A Common Stock — 226,968 shares (Direct)
Footnotes (2)
- F1. Represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 22, 2025.
- F2. The price reported in Column 4 is a weighted average price which has been rounded to four decimal points. These shares were sold in multiple transactions at prices ranging from $20.68 to $21.89, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
Key Figures
Shares sold: 5,228 shares
Weighted average sale price: $21.3868 per share
Post-transaction holdings: 226,968 shares
+2 more
5 metrics
Shares sold
5,228 shares
Open-market sale of Class A Common Stock
Weighted average sale price
$21.3868 per share
Average price across multiple sale transactions
Post-transaction holdings
226,968 shares
Direct ownership after sale
Sale price range
$20.68–$21.89 per share
Range of individual trade prices
Trading plan adoption date
December 22, 2025
Date Rule 10b5-1 plan was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Class A Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"Represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 22, 2025."
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price which has been rounded to four decimal points."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
"security_title: Class A 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FOA’s Jeremy Prahm report on this Form 4?
Jeremy Prahm reported selling 5,228 shares of Finance of America Class A Common Stock in an open-market transaction. The weighted average sale price was $21.3868 per share, with trades executed within a disclosed price range.
Was Jeremy Prahm’s FOA stock sale made under a Rule 10b5-1 plan?
Yes. The filing states that the 5,228-share sale was effected under a Rule 10b5-1 trading plan adopted by Jeremy Prahm on December 22, 2025. Such plans pre-schedule trades to systematize insider transactions.
What does the weighted average price mean in Jeremy Prahm’s FOA trade?
The weighted average price of $21.3868 reflects multiple individual trades making up the 5,228-share sale. Actual trades occurred between $20.68 and $21.89 per share, and detailed price breakdowns are available upon request.