FOA CEO exercises RSUs, gets 87,209-unit grant
Finance of America Companies Inc. Chief Executive Officer Graham Fleming reported several stock-based compensation transactions dated April 1, 2026.
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Form Type
4
Rhea-AI Filing Summary
Finance of America Companies Inc. Chief Executive Officer Graham Fleming reported several stock-based compensation transactions dated April 1, 2026. He exercised restricted stock units into a total of 139,947 shares of Class A common stock, and 52,332 shares were withheld at $16.60 per share to cover tax obligations.
Following these exercises and withholdings, Fleming directly held 292,248 shares of Class A common stock, plus 2,000 shares held indirectly by a trust. He also received a new grant of 87,209 restricted stock units, which vest in one-third increments on the first, second, and third anniversaries of April 1, 2026, subject to continued employment.
Insider Trade Summary
139,947 shares exercised/converted
Exercise
10 txns
Insider
Fleming Graham
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 40,322 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 66,667 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 32,958 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 87,209 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 40,322 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 11,633 | $16.60 | $193K |
| Exercise | Class A Common Stock | 66,667 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 26,246 | $16.60 | $436K |
| Exercise | Class A Common Stock | 32,958 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 14,453 | $16.60 | $240K |
| Holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 219,792 contracts (Direct);
Class A Common Stock — 292,248 shares (Direct);
Class A Common Stock — 2,000 shares (Indirect, By trust)
Holdings Before and After:
Restricted Stock Units, 272,530 to 219,792 contracts (Direct);
Class A Common Stock, 204,633 to 292,248 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: 139,947 shares
Tax-withheld shares: 52,332 shares at $16.60
New RSU grant: 87,209 RSUs
+4 more
7 metrics
RSU exercises into stock
139,947 shares
Shares of Class A common stock from RSU exercises on April 1, 2026
Tax-withheld shares
52,332 shares at $16.60
Shares withheld for tax obligations related to RSU settlements
New RSU grant
87,209 RSUs
Restricted stock units granted April 1, 2026, vesting over three years
Direct holdings after transactions
292,248 shares
Class A common stock directly held by CEO after April 1, 2026 transactions
Indirect trust holdings
2,000 shares
Class A common stock held indirectly by trust
Derivative exercises count
3 transactions, 139,947 shares
Aggregate derivative exercises (M code) per transaction summary
Tax-withholding transactions
3 transactions, 52,332 shares
Aggregate F-code tax-withholding dispositions per transaction summary
Key Terms
Restricted Stock Units, Class A common stock, tax-withholding disposition, contingent right, +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 disposition financial
"Represents the withholding of shares of Common Stock for tax purposes"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock"
vesting financial
"The remaining RSUs vest on the third anniversary of April 1, 2024"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did FOA CEO Graham Fleming report on this Form 4?
Graham Fleming reported exercising restricted stock units into Class A common stock and related tax-withholding dispositions. He also reported receiving a new grant of restricted stock units that vest over three years, all dated April 1, 2026, as part of his equity compensation.
What new restricted stock units did the FOA CEO receive?
The CEO received a new grant of 87,209 restricted stock units on April 1, 2026. Each RSU represents a contingent right to one share and will vest in one-third increments on the first, second, and third anniversaries of April 1, 2026, subject to continued employment.
How do FOA restricted stock units for the CEO vest over time?
Certain RSUs vest on the third anniversary of April 1, 2024, and others on the second and third anniversaries of April 1, 2025. The new 2026 grant vests in three equal annual installments from April 1, 2026, all contingent on continued employment.
AI-generated analysis. How Rhea-AI works. Not financial advice.
