Finance of America (NYSE: FOA) CIO trades 6,000 shares in 10b5-1 sale
Rhea-AI Filing Summary
Finance of America Companies Inc. reported that Chief Investment Officer Jeremy Prahm executed an open-market sale of 6,000 shares of Class A Common Stock on July 13, 2026, at a weighted average price of $25.5987 per share, in trades between $25.22 and $26.11. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted on December 22, 2025. Following this sale, Prahm directly holds 191,856 shares of Class A Common Stock.
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Insider Trade Summary 10b5-1
Net Seller: 6,000 shares
Net Sell
1 txn
Insider
Prahm Jeremy
Role
Chief Investment Officer
Sold
6,000 shs ($154K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 6,000 | $25.5987 | $154K |
Holdings After Transaction:
Class A Common Stock — 191,856 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 $25.22 to $26.11, 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: 6,000 shares
Weighted average sale price: $25.5987 per share
Sale price range: $25.22–$26.11 per share
+1 more
4 metrics
Shares sold
6,000 shares
Open-market sale of Class A Common Stock on July 13, 2026
Weighted average sale price
$25.5987 per share
Average price for the reported open-market sale
Sale price range
$25.22–$26.11 per share
Range of prices for multiple transactions included in the sale
Shares held after transaction
191,856 shares
Direct holdings of Class A Common Stock following the sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale
3 terms
Rule 10b5-1 trading plan regulatory
"Represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted"
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"
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" for the Class A shares"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FOA report for CIO Jeremy Prahm?
CIO Jeremy Prahm sold 6,000 shares of Finance of America Class A Common Stock on July 13, 2026. The transaction was an open-market sale at a weighted average price of $25.5987 per share, executed under a pre-arranged Rule 10b5-1 trading plan.
What type of security did Jeremy Prahm sell in this FOA Form 4 filing?
Jeremy Prahm sold Class A Common Stock of Finance of America Companies Inc. The transaction involved 6,000 non-derivative shares in an open-market sale, and no derivative securities such as options or warrants were reported as part of this Form 4.