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

Director Scott N. Flanders of Fathom Holdings Inc. reports purchasing additional shares of common stock, increasing his beneficial ownership.

Summary

• On May 21, 2024, Scott N. Flanders, a director of Fathom Holdings Inc., purchased 1,251 shares of common stock at prices ranging from $1.64 to $1.65.
• On May 22, 2024, Flanders purchased an additional 25,000 shares at $1.65 per share.
• On May 23, 2024, he further increased his holdings by acquiring 2,114 shares at $1.53 per share.
• Following these transactions, Flanders directly owns 598,449 shares.
• 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 buy 13,078 shares of common stock at an exercise price of $8.22, which vested on August 12, 2023.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's stock purchases suggest confidence, but it's a relatively small amount compared to the total outstanding shares.

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 monitored by investors as an indicator of management's confidence in the company's prospects. It can be a positive signal, but should be considered alongside other factors.

Stakeholder Impact

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

Key Dates