Tai A. Thornock - Mar 19, 2025 Form 4 Insider Report for Finance of America Companies Inc. (FOA)

Signature
/s/ Tracy Lowe, as power of attorney for Tai A. Thornock
Stock symbol
FOA
Transactions as of
Mar 19, 2025
Transactions value $
-$24,585
Form type
4
Date filed
3/21/2025, 04:10 PM
Previous filing
Nov 12, 2024
Next filing
Apr 3, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOA Class A Common Stock Sale -$24.6K -1.1K -8.12% $22.35 12.4K Mar 19, 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 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.
F2 These shares were sold in multiple transactions each at the price of $22.35.
F3 The number of shares of the Issuer's Class A common stock ("Common Stock") has been adjusted to reflect the Issuer's 1-for-10 reverse stock split of its Common Stock, effective as of 5:00 p.m. Eastern Time on July 25, 2024.