4/A: First Foundation Inc. Executive Corrects Ownership Disclosure in Amended SEC Filing

John Hakopian, President of First Foundation Advisors, amends a previous SEC filing to accurately reflect his direct and indirect beneficial ownership of First Foundation Inc. stock.

Summary

• John Hakopian, President of First Foundation Advisors, filed an amended Form 4 with the SEC on November 8, 2024.
• This amendment corrects an omission in the original Form 4 filed on October 24, 2024, which inadvertently excluded securities previously reported as indirectly beneficially owned.
• The amended filing includes all common stock directly and indirectly beneficially owned by Hakopian.
• The original Form 4 also mistakenly identified Hakopian as a director, which this amendment corrects.
• Hakopian directly owns 88,546 shares of First Foundation Inc. common stock.
• Hakopian indirectly owns 620,842 shares of First Foundation Inc. common stock through a family trust.

Sentiment

Score: 7

Explanation: The document is a routine correction of a regulatory filing. It doesn't indicate any significant positive or negative developments for the company, but the correction itself suggests attention to detail and compliance.

Industry Context

This filing is a routine disclosure related to insider stock ownership, which is a common practice for publicly traded companies. It ensures transparency and allows investors to track the holdings of company executives.

Key Dates