SCHEDULE 13G: Scott N. Flanders Discloses 6.58% Beneficial Ownership in Fathom Holdings Inc.

Scott N. Flanders has reported a 6.58% beneficial ownership stake in Fathom Holdings Inc., totaling 1,788,890 shares, as of March 14, 2025.

Summary

• Scott N. Flanders beneficially owns 1,788,890 shares of Fathom Holdings Inc. common stock.
• This ownership represents 6.58% of the company's total outstanding common stock.
• The beneficially owned shares include 90,000 shares held in trust for Mr. Flanders' grandchildren.
• The total also comprises 13,078 shares underlying an option and 235,295 shares underlying a Senior Secured Convertible Promissory Note, both exercisable within 60 days of the filing date.
• The percentage of ownership is calculated based on 22,620,255 shares of common stock outstanding as of November 7, 2024, as reported in the Issuer's Quarterly Report on Form 10-Q, and an additional 4,338,003 shares reported in the Issuer's prospectus filed on March 11, 2025.
• The filing date for this Schedule 13G is March 21, 2025, with the event date requiring the filing being March 14, 2025.

Sentiment

Score: 6

Explanation: The filing is a standard regulatory disclosure of beneficial ownership. The presence of a significant insider stake (6.58%) by Scott N. Flanders, including shares from options and convertible notes, can be viewed as a moderately positive signal of confidence in the company, though the filing itself is neutral in tone and content.

Positives

• A significant beneficial ownership stake (6.58%) by an individual, Scott N. Flanders, indicates a notable personal investment in the company.
• The inclusion of shares from options and convertible notes suggests a long-term interest and potential for increased equity participation by a key individual.

Future Outlook

NA

Management Comments

• "To the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant insider ownership stake, which may be interpreted as a sign of confidence in the company's future by a key individual.

Key Dates

Keywords

Fathom Holdings Inc., Scott N. Flanders, Schedule 13G, beneficial ownership, common stock, SEC filing, insider ownership, equity stake, convertible note, stock option