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 May 24, 2024, Scott N. Flanders, a director of Fathom Holdings Inc., purchased 3,066 shares of common stock at an average price of $1.6971.
• On May 29, 2024, Flanders purchased an additional 700 shares at $1.75 per share.
• Following these transactions, Flanders directly owns 601,515 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 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 as a positive sign, suggesting the director believes the company's stock is undervalued. However, the purchases are relatively small, so the impact is moderate.

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

This filing is a routine disclosure of insider trading activity, which is common among publicly traded companies. Monitoring such filings can provide insights into management's sentiment and confidence in the company's performance.

Stakeholder Impact

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

Key Dates