Thornock Tai A. 4

What Happened

• Tai A. Thornock, Chief Accounting Officer of Finance of America Companies, had previously granted restricted stock units (RSUs) convert/vest on April 1, 2026. A total of 16,360 RSUs converted into shares; 5,053 of those shares were withheld to cover tax obligations (withholding at $16.60 per share, totaling $83,880), leaving 11,307 shares delivered to Thornock.
• On the same date Thornock was granted 13,539 additional RSUs (a new award). The new RSUs are subject to future vesting.

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (two days after the transactions).
• Converted RSUs: 4,032 + 8,333 + 3,995 = 16,360 shares converted.
• Shares withheld for taxes (dispositions): 1,377 + 2,523 + 1,153 = 5,053 shares; withholding price reported at $16.60 per share = $83,880.
• Net shares delivered to insider from vesting: 11,307 shares.
• New grant: 13,539 RSUs granted on April 1, 2026 (see footnote F5). Vesting: the F5 grant vests in one‑third increments on the 1st, 2nd and 3rd anniversaries of April 1, 2026, subject to continued employment. Other footnotes (F1–F4) note that RSUs may be settled in stock or cash at the issuer’s discretion and describe schedules for remaining previously granted RSUs.
• Transaction codes: M = conversion/exercise of derivative (RSU conversion), F = shares withheld to satisfy tax withholding, A = grant/award.
• Filing timeliness: Filed Apr 3 for Apr 1 transactions; Form 4 is typically due within two business days and this filing appears timely.

Context

• These transactions reflect routine RSU vesting and tax-withholding rather than open-market buying or selling. The withheld shares were used to pay taxes (not sold on the open market), and the new RSUs are contingent awards that vest over time. Such grants and withholdings are common components of executive compensation and do not by themselves indicate management’s view on the company’s stock.