Form 4: Finance of America Companies Inc. Director Pratcher Reports Stock Transactions
SEC Form 4 Filing
Director Tyson Anwar Pratcher reports the vesting and conversion of restricted stock units into 10,000 shares of Class A Common Stock after adjusting for a reverse stock split.
Summary
- On May 13, 2025, Tyson Anwar Pratcher, a director of Finance of America Companies Inc., reported transactions involving the company's Class A Common Stock.
- The transactions involved the vesting of 10,000 Restricted Stock Units (RSUs) which converted into 10,000 shares of Class A Common Stock.
- The reported transactions reflect adjustments for a 1-for-10 reverse stock split that was effective on July 25, 2024.
- Following the reported transaction, Pratcher directly owns 22,280 shares of Class A Common Stock.
- The RSUs will be settled in either Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director's stock ownership.
- The vesting of RSUs is part of the director's compensation package.
Key Dates
| Date | Description |
|---|---|
| July 25, 2024 | Effective date of the 1-for-10 reverse stock split. |
| May 13, 2025 | Date of transaction: vesting of RSUs and conversion to Class A Common Stock. |
| May 15, 2025 | Date of report filing. |
Keywords
Form 4, Finance of America Companies Inc., Tyson Anwar Pratcher, Director, Restricted Stock Units, Class A Common Stock, Beneficial Ownership, Reverse Stock Split
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