Finance of America Companies Inc. President Kristen Sieffert Sells 750 Shares at $20.95/Share.

Finance of America Companies Inc. (FOA) has announced that President Kristen Sieffert has sold 750 shares at a price of $20.95 per share on August 1, 2025.

Finance of America Companies Inc. (FOA) has announced that President Kristen Sieffert has sold 750 shares of the company's Class A common stock on August 1, 2025, at a price of $20.95 per share. This transaction was reported in a Form 4 filing with the U.S. Securities and Exchange Commission (SEC) [1].

The sale represents a significant portion of Sieffert's holdings, as she had previously sold 2,250 shares in three equal blocks of 750 shares each on May 1, June 2, and July 1, 2025, generating total gross proceeds of approximately $49,178 [2]. The shares being sold were acquired as Restricted Stock Units (RSUs) on September 29, 2021.

The transaction is notable as it is the first significant sale by Sieffert since she took the position of President at FOA. The company has 11,059,266 shares outstanding, and the planned disposal represents roughly 0.007% of the total shares. The market impact is expected to be minimal, given the small size relative to the float and the absence of new corporate disclosures [2].

The Form 4 filing does not provide any additional information about the company's operations or financial performance. It is important to note that Form 144 filings, such as the one reported by Sieffert, are routine and do not, by themselves, indicate bullish or bearish fundamentals. Given the small size of the sale relative to the float, the impact on the market is expected to be minimal [2].

References:
[1] https://www.sec.gov/Archives/edgar/data/1828937/000197155225000015/xslF345X05/wk-form4_1754425372.xml
[2] https://www.stocktitan.net/sec-filings/FOA/144-finance-of-america-companies-inc-sec-filing-33f7507323bc.html