Finance of America (NYSE: FOA) president sells 750 shares in planned trade
Rhea-AI Filing Summary
Finance of America Companies Inc. president Kristen N. Sieffert reported an open-market sale of 750 shares of Class A Common Stock. The transaction took place on July 1, 2026 at a weighted average price of $27.3567 per share.
The sale was effected under a pre-arranged Rule 10b5-1 trading plan adopted on December 13, 2024. Following this transaction, Sieffert directly holds 126,262 shares of Finance of America Companies Inc. Class A Common Stock.
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Insider Trade Summary 10b5-1
Net Seller: 750 shares
Net Sell
1 txn
Insider
Sieffert Kristen N
Role
President
Sold
750 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 750 | $27.3567 | $21K |
Holdings After Transaction:
Class A Common Stock — 126,262 shares (Direct)
Footnotes (2)
- F1. Represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024.
- F2. These shares were sold in multiple transactions each at the price of $27.356666667. The price reported in Column 4 is a weighted average price which has been rounded to four decimal points.
Key Figures
Shares sold: 750 shares
Sale price: $27.3567 per share
Shares held after sale: 126,262 shares
+1 more
4 metrics
Shares sold
750 shares
Open-market sale on July 1, 2026
Sale price
$27.3567 per share
Weighted average price for multiple transactions
Shares held after sale
126,262 shares
Direct ownership following transaction
Trading plan adoption date
December 13, 2024
Rule 10b5-1 plan governing this sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"Represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
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 which has been rounded"
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.
Class A Common Stock financial
"security_title: Class A 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FOA president Kristen Sieffert report?
FOA president Kristen N. Sieffert reported selling 750 shares of Class A Common Stock in an open-market transaction. The shares were sold at a weighted average price of $27.3567 per share on July 1, 2026, according to the Form 4 filing.
At what price did the FOA insider sale occur and how was it calculated?
The FOA insider sale was reported at a weighted average price of $27.3567 per share. The filing notes the shares were sold in multiple transactions, each at $27.356666667, and the reported figure in the Form 4 was rounded to four decimal places.
Was the FOA insider sale made under a Rule 10b5-1 trading plan?
Yes. The Form 4 states the sale was effected under a Rule 10b5-1 trading plan adopted by Kristen N. Sieffert on December 13, 2024. Such plans pre-schedule trades, indicating the transaction timing was determined in advance rather than decided spontaneously.
What type of security did the FOA Form 4 transaction involve?
The FOA Form 4 transaction involved Class A Common Stock of Finance of America Companies Inc. The filing classifies it as a non-derivative security and reports an open-market sale of 750 shares, with direct ownership indicated after the transaction is completed.