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 of common stock.

Summary

• Scott N. Flanders, a director at Fathom Holdings Inc., acquired additional shares of common stock.
• On June 3, 2024, he purchased 7,237 shares at an average price of $1.7461, with prices ranging from $1.7436 to $1.7487.
• On June 4, 2024, he bought 5,411 shares at an average price of $1.7395, with prices ranging from $1.70 to $1.75.
• Following these transactions, Flanders directly owns 609,452 shares and indirectly owns 120,668 shares through a SEP IRA, including 15,432 restricted stock units vesting on August 27, 2024.
• He 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 as a positive sign, suggesting confidence in the company's prospects. However, the scale of the purchase is relatively small.

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 buying is often viewed positively by investors, as it suggests that those with the most knowledge of the company believe the stock is undervalued or has strong growth potential. It's a common signal monitored by investors.

Stakeholder Impact

• The increased stake by a director could boost investor confidence.

Key Dates