Engel Matthew A 4

What Happened

• Matthew A. Engel, Chief Financial Officer of Finance of America Companies, settled RSUs and received a new RSU grant on April 1, 2026. The filing shows conversion/exercise-type entries totaling 24,915 shares (10,833 + 14,082) recorded at $0.00, and a new grant of 37,790 restricted stock units (RSUs) awarded the same day.
• To satisfy tax withholding on the RSU settlement, 7,403 shares were withheld/disposed (3,354 and 4,049 shares) at $16.60 per share, generating $55,676 and $67,213 respectively, for total cash withheld of $122,889. These withholding disposals are routine tax-related actions, not open-market sell decisions.

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (appears timely).
• Withholding sale price: $16.60 per share; total proceeds withheld: $122,889 (7,403 shares).
• RSUs awarded: 37,790 RSUs on April 1, 2026 (see footnote F4); earlier RSU settlements shown as conversions/exercises (24,915 shares).
• Shares owned after transaction: not specified in the provided filing details.
• Notable footnotes: RSUs represent contingent rights to one share each and may be settled in stock or cash at the issuer’s discretion; remaining RSUs vest over specified anniversaries (see F1–F5). F2 indicates the disposals represent tax withholding.
• Filing timeliness: reported Apr 3, 2026 for Apr 1 transactions — no late filing indicated in the provided data.

Context

• These transactions reflect RSU settlement and a new RSU grant. The share disposals were for tax withholding (common after vesting/settlement) and should not be interpreted as a market-sale signal about the insider’s view of the stock.
• RSU grants vest over future anniversaries (per footnotes) and may be settled in cash or shares, so future dilution or additional withholding could occur as vesting dates arrive.