Form 4: Fathom Holdings CFO Sells Shares to Cover Taxes After Stock Vesting

Fathom Holdings' Chief Financial Officer, Joanne Zach, sold 865 shares of common stock at an average price of $1.50 to cover taxes following the vesting of restricted stock.

Summary

• Joanne Zach, the Chief Financial Officer of Fathom Holdings Inc., sold 865 shares of common stock on January 2, 2025.
• The sale was executed to cover taxes associated with the vesting of restricted stock on December 31, 2024.
• The shares were sold at prices ranging from $1.50 to $1.52 per share.
• Following the transaction, Ms. Zach beneficially owns 252,510 shares of Fathom Holdings stock.
• A portion of these remaining shares are subject to vesting schedules, with some vesting in 2025 and 2026.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction related to executive compensation. It is neither particularly positive nor negative, but rather a standard practice.

Industry Context

This is a routine transaction for corporate executives who receive stock-based compensation. It is common for executives to sell shares to cover tax liabilities when restricted stock vests.

Comparison to Industry Standards

• Executive stock sales to cover taxes are a common practice across publicly traded companies.
• The sale of 865 shares is relatively small compared to the total holdings of 252,510 shares, suggesting this is a routine tax-related transaction rather than a significant divestment.
• Comparable companies in the real estate technology sector often have similar patterns of executive stock transactions.

Stakeholder Impact

• The sale of shares by the CFO is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Fathom Holdings, stock sale, insider trading, Joanne Zach, restricted stock, vesting, tax obligations, FTHM