Cory Gardner (FOA) gets 5,094 new RSUs as 4,570 units vest into shares
Rhea-AI Filing Summary
Finance of America Companies director Cory Gardner reported equity-based transactions involving restricted stock units and common shares. On May 15, 2026, 4,570 restricted stock units vested and converted into 4,570 shares of Class A Common Stock on a one-for-one basis, with those RSUs reduced to zero.
On May 18, 2026, Gardner received a new grant of 5,094 restricted stock units, each representing a contingent right to receive one share of Class A Common Stock. These 5,094 RSUs will vest on the earlier of May 18, 2027 or the issuer’s next regularly scheduled annual stockholders’ meeting following the grant date.
Positive
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Insider Trade Summary
Net Buyer: 4,570 shares
Net Buy
3 txns
Insider
Gardner Cory
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,094 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,570 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,570 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 5,094 shares (Direct);
Class A Common Stock — 4,570 shares (Direct)
Footnotes (4)
- F1. Reflects restricted stock units ("RSUs") that, upon vesting, converted into shares of Class A Common Stock of the Issuer ("Common Stock") on a one-for-one basis.
- F2. 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.
- F3. Reflects RSUs that vested on May 15, 2026, the date of the Issuer's annual stockholders' meeting following the date of grant.
- F4. These RSUs shall vest on the earlier of (i) May 18, 2027 or (ii) the regularly scheduled annual stockholders' meeting of the Issuer following the grant date.
Key Figures
RSUs vested: 4,570 units
Shares received from vesting: 4,570 shares
New RSU grant: 5,094 units
+3 more
6 metrics
RSUs vested
4,570 units
Restricted stock units converted into Class A Common Stock on May 15, 2026
Shares received from vesting
4,570 shares
Class A Common Stock received upon RSU vesting on May 15, 2026
New RSU grant
5,094 units
Restricted stock units granted on May 18, 2026
New RSU vesting date
May 18, 2027
RSUs vest on this date or the next annual stockholders’ meeting, whichever is earlier
Post-transaction RSU holdings
5,094 units
RSUs held directly after the May 18, 2026 grant
Post-transaction share holdings
4,570 shares
Class A Common Stock held directly after RSU conversion on May 15, 2026
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right, annual stockholders' meeting, +1 more
5 terms
Restricted Stock Units financial
"Reflects restricted stock units ("RSUs") that, upon vesting, converted into shares of Class A Common Stock"
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
"converted into shares of Class A Common Stock of the Issuer"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock"
annual stockholders' meeting financial
"vested on May 15, 2026, the date of the Issuer's annual stockholders' meeting following the date of grant"
compensation committee financial
"settled in either Common Stock or cash at the discretion of the Issuer's compensation committee"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Finance of America (FOA) report for Cory Gardner?
The Form 4 shows director Cory Gardner had 4,570 restricted stock units vest into the same number of Class A Common shares and received a new grant of 5,094 restricted stock units, all held directly.
How many Finance of America (FOA) RSUs vested for Cory Gardner and when?
A total of 4,570 restricted stock units vested for Cory Gardner on May 15, 2026. Upon vesting, each unit converted into one share of Class A Common Stock, leaving zero RSUs remaining from that specific award after settlement.
What new restricted stock unit grant did Cory Gardner receive from FOA?
Gardner received a new award of 5,094 restricted stock units on May 18, 2026. Each RSU represents a contingent right to receive one share of Class A Common Stock, settled in stock, cash, or a mix at the compensation committee’s discretion.
What is the vesting schedule for Cory Gardner’s 5,094 new FOA RSUs?
The 5,094 restricted stock units will vest on the earlier of May 18, 2027 or the next regularly scheduled annual stockholders’ meeting after the grant date. Vesting triggers settlement in Class A Common Stock, cash, or a combination, at committee discretion.
How are Finance of America (FOA) RSUs described in Cory Gardner’s filing?
Each RSU is a contingent right to receive one share of Class A Common Stock. Upon vesting, the RSUs are settled in stock, cash, or both, at the issuer’s compensation committee’s discretion, reflecting equity-linked compensation structure.