FOA (NYSE: FOA) CIO sells 6,000 shares in planned 10b5-1 trade
Rhea-AI Filing Summary
Finance of America Companies Inc. Chief Investment Officer Jeremy Prahm reported an open-market sale of 6,000 shares of Class A common stock at a weighted average price of $17.5032 per share. After this transaction, he directly holds 167,294 shares. The sale was effected under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person.
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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 ($105K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 6,000 | $17.5032 | $105K |
Holdings After Transaction:
Class A Common Stock — 167,294 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 $17.30 to $17.8150, 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.
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FAQ
What insider transaction did FOA Chief Investment Officer Jeremy Prahm report?
Jeremy Prahm reported an open-market sale of 6,000 shares of Finance of America Companies Class A common stock. The transaction was executed at a weighted average price of $17.5032 per share and disclosed on a Form 4 insider trading report.
Was the FOA insider sale executed under a Rule 10b5-1 trading plan?
Yes. The filing states the 6,000-share sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 22, 2025. Such plans pre-schedule trades, often making the timing more routine than discretionary.
What does the price range disclosure mean in the FOA Form 4 filing?
The filing notes the reported $17.5032 price is a weighted average from multiple trades between $17.30 and $17.8150. The insider undertakes to provide full details of shares sold at each separate price within that range upon request.