Form 4: Fathom Holdings Director Scott Flanders Acquires 100,000 Shares in Private Purchase

Director Scott Flanders purchased 100,000 shares of Fathom Holdings Inc. common stock in a private transaction with the company's founder.

Summary

• On September 12, 2024, Scott Flanders, a director of Fathom Holdings Inc., acquired 100,000 shares of common stock at a price of $2.85 per share.
• The purchase was a private transaction with Joshua Harley, the founder of Fathom Holdings Inc.
• Following the transaction, Flanders directly owns 824,688 shares.
• Flanders also indirectly owns 120,668 shares through the Scott N. Flanders SEP IRA Fathom, of which 43,478 are restricted stock units vesting on August 18, 2025.
• Flanders also holds options to buy 13,078 shares of common stock at an exercise price of $8.22, which vested in full on August 12, 2023.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a single transaction and doesn't provide a comprehensive view of the company's overall health.

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 monitored as they can provide insights into a company's performance and future prospects. Purchases by directors are often viewed positively.

Related Party Transactions

• The purchase of shares from the company's founder, Joshua Harley, constitutes a related party transaction.

Stakeholder Impact

• The purchase could positively influence shareholder sentiment.

Key Dates