Form 4: Fathom Holdings Director Scott N. Flanders Increases Stake in Company

Director Scott N. Flanders increased his holdings in Fathom Holdings through open market purchases.

Summary

• On June 7, 2024, Scott N. Flanders, a director of Fathom Holdings Inc., purchased 15,832 shares of common stock at an average price of $1.8937.
• These purchases were made in multiple transactions with prices ranging from $1.86 to $1.90.
• On June 10, 2024, Flanders purchased an additional 10,000 shares at an average price of $1.8639, with prices ranging from $1.83 to $1.90.
• Following these transactions, Flanders directly owns 671,210 shares and indirectly owns 120,668 shares through the Scott N. Flanders SEP IRA Fathom.
• Of the indirectly held shares, 15,432 are restricted stock units that vest on August 27, 2024.
• Flanders also holds options to buy 13,078 shares of common stock at an exercise price of $8.22, which vested on August 12, 2023.

Sentiment

Score: 7

Explanation: Insider buying is generally viewed positively, suggesting confidence in the company's future. However, the scale of the purchase is relatively small.

Positives

• A director increasing their stake in the company can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider buying is often monitored as an indicator of management's sentiment about the company's prospects. It can be a positive signal to the market.

Stakeholder Impact

• The increased stake by a director could positively influence shareholder sentiment.

Key Dates