Form 4: Fathom Holdings Director David Hood Acquires 15,000 Shares of Common Stock

David Hood, a director at Fathom Holdings Inc., recently purchased 15,000 shares of the company's common stock at an average price of $1.5097 per share.

Summary

• On May 13, 2024, David C. Hood, a director of Fathom Holdings Inc., acquired 15,000 shares of common stock.
• The shares were purchased at a weighted average price of $1.5097, with individual transactions ranging from $1.487 to $1.55.
• Following the transaction, Hood directly owns 34,875 shares, including 15,432 restricted stock units vesting on August 27, 2024.
• Hood also holds options to purchase 13,078 shares at $8.22 (fully vested on August 12, 2023), 2,273 shares at $44 (fully vested on March 1, 2022), and 2,986 shares at $20.1 (fully vested on November 4, 2021).

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the purchase is not large enough to be overwhelmingly impactful.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely watched as indicators of management's view on the company's prospects. A purchase can be interpreted as a positive signal.

Comparison to Industry Standards

• It's common for directors to hold company stock, aligning their interests with shareholders.
• The size of the purchase is relatively small compared to the overall market capitalization of Fathom Holdings Inc.
• Comparable companies often have similar insider trading policies and reporting requirements.

Stakeholder Impact

• The stock purchase could have a slightly positive impact on shareholder sentiment.

Key Dates