Corio Norma 4
4 · Finance of America Companies Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
FOA (Finance of America) Director Norma Corio Converts RSUs, Receives New RSU Grant
What Happened
- Norma Corio, a director of Finance of America Companies, had 4,570 restricted stock units (RSUs) vest and convert into shares on May 15, 2026. The Form 4 also shows a contemporaneous disposition of 4,570 derivative units at $0. On May 18, 2026 she was granted 5,094 new RSUs reported at $0.
- These transactions are RSU-related (not an open‑market buy or sale) and the reported acquisition/disposition values on the form are $0 (derivative reporting), not the market dollar value of underlying shares.
Key Details
- Transaction dates: May 15, 2026 (RSU vest/convert and reported $0 disposition); May 18, 2026 (grant of 5,094 RSUs).
- Reported prices/values: All derivative entries shown at $0 on the Form 4 (acquisition and disposition values reported as $0).
- Shares owned after transaction: Not specified in the provided data.
- Footnotes of note:
- F1/F3: The May 15 activity reflects RSUs that vested on May 15, 2026 and converted one‑for‑one into Class A common shares.
- F2: Each RSU is a contingent right to one share and may be settled in stock, cash, or a combination at the issuer’s discretion.
- F4: The May 18 grant vests on the earlier of May 18, 2027 or the next regularly scheduled annual meeting.
- Filing timeliness: Report covers transactions on May 15 and was filed May 19, 2026 — within the typical two business‑day Form 4 filing window (timely).
Context
- These entries are RSU vesting/conversion and a new RSU grant — not open‑market purchases or voluntary sales. The Form shows a simultaneous disposition of the vested derivative units at $0; the form does not state the reason. Common administrative reasons for such entries include tax withholding or cash settlement, but the filing itself does not specify which occurred.
Insider Transaction Report
Form 4
Corio Norma
Director
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-05-15+4,570→ 31,150 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-05-15−4,570→ 0 total→ Class A Common Stock (4,570 underlying) - Award
Restricted Stock Units
[F2][F4]2026-05-18+5,094→ 5,094 total→ Class A Common Stock (5,094 underlying)
Footnotes (4)
- [F1]Reflects restricted stock units ("RSUs") that, upon vesting, converted into shares of Class A Common Stock of the Issuer ("Common Stock") on a one-for-one basis.
- [F2]Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will be settled in either Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee.
- [F3]Reflects RSUs that vested on May 15, 2026, the date of the Issuer's annual stockholders' meeting following the date of grant.
- [F4]These RSUs shall vest on the earlier of (i) May 18, 2027 or (ii) the regularly scheduled annual stockholders' meeting of the Issuer following the grant date.
Signature
/s/ Tracy Lowe, as power of attorney for Norma Corio|2026-05-19