Engel Matthew A 4

What Happened
Matthew A. Engel, Chief Financial Officer of Finance of America Companies, purchased 10,600 shares of FOA stock on 2026-03-13. The filing reports a weighted-average purchase price of $16.45 per share for a total cost of approximately $174,402. This was a purchase (reported with code P), which is a direct acquisition of shares rather than a sale or option exercise.

Key Details

• Transaction date: 2026-03-13; Filing date: 2026-03-17 (filed within the two-business-day Form 4 deadline).
• Quantity and price: 10,600 shares at a reported weighted-average price of $16.45; total ≈ $174,402.
• Price range: purchases occurred at prices between $16.25 and $16.75 (footnote F1 indicates multiple trades within this range; F2 notes the reported price was rounded to three decimals). The filer offers to provide per-trade price breakdown on request.
• Transaction type: Reported as open-market or private purchase (Code P).
• Shares owned after the transaction: Not specified in the provided filing excerpt.

Context
Insider purchases are often viewed by investors as a positive signal because executives are buying company stock with their own funds, but they do not prove future performance. This transaction was a straightforward buy by the CFO (not a gift, option exercise, or tax-related withholding) and was reported on time.