[Form 4] Finance of America Companies Inc. Insider Trading Activity

Rhea-AI Filing Summary

Finance of America Companies Inc. (FOA) Form 4 summary: The reporting person, Tai A. Thornock, Chief Accounting Officer, reported a sale of 1,100 shares of Class A common stock on 08/18/2025 at $27.21 per share under a Rule 10b5-1 trading plan adopted December 4, 2024 and amended December 13, 2024. After the reported sale, the reporting person beneficially owned 16,150 shares, held directly. The Form 4 was signed by a power of attorney on behalf of the reporting person on 08/20/2025.

Positive

• Sale executed under a documented Rule 10b5-1 trading plan, which generally reduces concerns about opportunistic insider trading

Negative

• Reporting person reduced direct holdings by 1,100 shares, leaving 16,150 shares beneficially owned

Insights

Financial Analyst

TL;DR: Insider sale under a pre-established 10b5-1 plan reduces immediate signaling risk; ownership remains modest at 16,150 shares.

The transaction is a straightforward disposition of 1,100 Class A shares at $27.21 each executed pursuant to a documented 10b5-1 plan, which typically indicates the sale was pre-scheduled rather than opportunistic. The remaining direct beneficial ownership of 16,150 shares is reported, but the filing does not disclose percentage ownership or value relative to total outstanding shares, limiting assessment of economic significance. Overall, this is a routine insider sale with limited new information for valuation models.

Corporate Governance Expert

TL;DR: Use of an amended 10b5-1 plan suggests compliance focus; disclosure is complete for the reported transaction.

The Form 4 clearly states the sale occurred pursuant to a Rule 10b5-1 trading plan adopted and later amended, which supports the reporting persons affirmative defense against insider trading claims when plan conditions are met. The filing includes transaction date, price, number of shares sold, and post-transaction holdings, and it is properly signed by a power of attorney. No departures from standard disclosure practices are evident in the document provided.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Thornock Tai A.

(Last) (First) (Middle)

C/O FINANCE OF AMERICA COMPANIES INC.

5830 GRANITE PARKWAY, SUITE 400

(Street)

PLANO TX 75024

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Finance of America Companies Inc. [ FOA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/18/2025		S(1)		1,100	D	$27.21(2)	16,150	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 4, 2024 and amended on December 13, 2024.

2. These shares were sold in multiple transactions each at the price of $27.21.

Remarks:

	/s/ Tracy Lowe, as power of attorney for Tai A. Thornock	08/20/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did FOA insider Tai A. Thornock sell and when?

The insider sold 1,100 shares of Class A common stock on 08/18/2025 at a price of $27.21 per share.

Was the FOA sale part of a trading plan?

Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on December 4, 2024 and amended on December 13, 2024.

How many FOA shares does the reporting person own after the sale?

After the reported transactions, the reporting person beneficially owned 16,150 shares of Class A common stock.

Who signed the Form 4 for Tai A. Thornock?

The Form 4 was signed on behalf of Tai A. Thornock by Tracy Lowe as power of attorney on 08/20/2025.

Does the Form 4 disclose the sale price per share?

Yes. The filing states the shares were sold in multiple transactions each at $27.21.