COOPERMAN LEON G 4

What Happened
Leon G. Cooperman, listed as a 10% owner of Finance of America Companies, purchased 28 shares of FOA stock in an open-market transaction on March 13, 2026 at $16.10 per share, for a total cost of $451. This was a purchase (not a sale), which some investors view as a mildly bullish signal given insider buying, although the dollar amount is small.

Key Details

• Transaction date and price: 2026-03-13 — 28 shares at $16.10 each (total $451).
• Filing date: Form 4 filed 2026-03-16; this filing was timely.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes (summary):
  • F1: Some securities are held in the account of Omega Capital Partners, L.P., an entity over which Mr. Cooperman has investment discretion; he disclaims beneficial ownership except for his pecuniary interest.
  • F2: Some securities are held in a UTMA account for his minor grandchild (Asher Silvin Cooperman); he has investment discretion and disclaims beneficial ownership.
  • F3–F5: Additional securities are held in IRAs for Mr. Cooperman, his adult child (Michael Cooperman), and his spouse (Toby Cooperman); he maintains investment discretion and disclaims beneficial ownership in those accounts.
• Reporting status: Listed as a 10% owner (institutional/large-holder status), not an executive grant or option exercise.

Context
As a 10% owner, Mr. Cooperman’s transactions can reflect institutional or family-account activity; the footnotes show many holdings are in pooled or family accounts where he has discretion but disclaims beneficial ownership. The purchase amount here is very small ($451), so while insider buys often attract attention, this specific trade is modest and should be weighed accordingly.