Form 4: Fathom Holdings Director Scott N. Flanders Acquires Shares and Transfers Holdings

Director Scott N. Flanders of Fathom Holdings Inc. acquired 5,487 shares and gifted 90,000 shares, adjusting his total holdings.

Summary

• Scott N. Flanders, a director at Fathom Holdings Inc., engaged in transactions involving the company's common stock.
• On December 10, 2024, Flanders purchased 5,487 shares at an average price of $1.9493 per share.
• On December 11, 2024, Flanders gifted 90,000 shares.
• Following these transactions, Flanders directly owns 800,130 shares of Fathom Holdings Inc.
• Flanders also holds a Senior Secured Convertible Promissory Note convertible into 235,294 shares and a stock option for 13,078 shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document primarily reports transactions. The purchase is a positive sign, but the gifting is a negative sign. The overall impact is likely to be minimal.

Positives

• The purchase of 5,487 shares by a director could be seen as a positive sign of confidence in the company.

Negatives

• The gifting of 90,000 shares could be seen as a negative signal, although the recipient is not specified.

Risks

• The transactions could be interpreted in various ways by the market, potentially leading to price volatility.
• The large number of shares held by a single director could pose a risk if those shares were to be sold.

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

• SEC Form 4 filings are a standard practice for all publicly traded companies in the US, ensuring transparency of insider trading.
• The level of detail provided in this filing is consistent with what is expected for such disclosures.
• The transactions are relatively small compared to the overall market capitalization of Fathom Holdings Inc., but are still relevant for tracking insider activity.

Stakeholder Impact

• The transactions may have a minor impact on shareholder sentiment, depending on how they interpret the director's actions.
• The transactions do not appear to have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Fathom Holdings Inc., Scott N. Flanders, stock purchase, share gifting, insider trading, beneficial ownership, convertible note, stock option