Form 4: Fathom Holdings Director Jennifer B. Venable Acquires Shares in Open Market Transaction
SEC Form 4
Director Jennifer B. Venable of Fathom Holdings Inc. purchased 5,248 shares of common stock at $1.8595 per share on November 15, 2024.
Summary
- Jennifer B. Venable, a director at Fathom Holdings Inc., acquired 5,248 shares of common stock on November 15, 2024.
- The purchase price was $1.8595 per share.
- Following the transaction, Ms. Venable directly owns 69,639 shares of Fathom Holdings Inc.
- Of these shares, 43,478 are restricted stock units that will vest on August 18, 2025.
- Ms. Venable also holds various stock options with different exercise prices and vesting dates.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as a director purchasing shares can be seen as a sign of confidence, but it's a routine transaction.
Positives
- The purchase of shares by a director can be seen as a positive sign of confidence in the company's future.
- The director's increased stake aligns her interests with those of other shareholders.
Industry Context
This is a standard SEC Form 4 filing, which is common for publicly traded companies when insiders make transactions in their company's stock. It provides transparency into the trading activities of company directors.
Comparison to Industry Standards
- Form 4 filings are a standard practice for all publicly traded companies in the US, ensuring transparency of insider transactions.
- The purchase of shares by a director is a common occurrence and is not unusual in the context of corporate governance.
Stakeholder Impact
- The purchase of shares by a director may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/16/2020 | Stock option with exercise price of $4.71 vested in full. |
| 11/04/2021 | Stock option with exercise price of $20.1 vested in full. |
| 03/01/2022 | Stock option with exercise price of $44 vested in full. |
| 08/12/2023 | Stock option with exercise price of $8.22 vested in full. |
| 11/15/2024 | Jennifer B. Venable purchased 5,248 shares of common stock. |
| 08/18/2025 | 43,478 restricted stock units will vest. |
| 04/16/2029 | Expiration date of stock option with exercise price of $4.71. |
| 11/03/2030 | Expiration date of stock option with exercise price of $20.1. |
| 02/28/2031 | Expiration date of stock option with exercise price of $44. |
| 08/11/2032 | Expiration date of stock option with exercise price of $8.22. |
Keywords
Fathom Holdings, Director, Share Purchase, Stock Options, Insider Trading, Form 4, Equity Securities
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