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

Director Scott N. Flanders reports purchasing additional shares of Fathom Holdings, increasing his direct holdings.

Summary

• On June 5, 2024, Scott N. Flanders, a director of Fathom Holdings Inc., purchased 9,400 shares of common stock at a weighted average price of $1.7921.
• The purchases were made in multiple transactions ranging from $1.78 to $1.80.
• On June 6, 2024, Flanders purchased an additional 31,115 shares at a weighted average price of $1.8311, with prices ranging from $1.79 to $1.85.
• Following these transactions, Flanders directly owns 655,378 shares of Fathom Holdings Inc.
• 120,668 of these shares are held by the Scott N. Flanders SEP IRA Fathom, including 15,432 restricted stock units vesting on August 27, 2024.
• Flanders also holds options to purchase 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 confidence in the company's prospects. It's a common practice and is regulated to prevent insider trading.

Stakeholder Impact

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

Key Dates