Richmond Lauren 4

What Happened

• Lauren Richmond, Chief Legal Officer of Finance of America Companies Inc. (FOA), received a grant of 29,069 restricted stock units (RSUs) on April 1, 2026.
• On the same date 16,360 RSUs were converted/settled (reported as "exercise or conversion of derivative" entries). As part of that settlement, 4,177 shares were withheld to cover tax liabilities at $16.60 per share, totaling $69,339 (reported under withholding/payment code F). The RSU grant and conversions were reported with a $0 per-share acquisition price (typical for RSUs).

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (timely).
• Grant: 29,069 RSUs (code A) — each RSU = contingent right to one share; settlement may be in stock, cash, or combination (issuer discretion).
• Settlements/conversions: 4,032 + 8,333 + 3,995 = 16,360 RSUs converted (code M).
• Tax withholding: 1,181 + 2,023 + 973 = 4,177 shares withheld at $16.60 each = $69,339 (code F).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: RSUs can be settled in shares or cash; various tranches vest over one-to-three year schedules per footnotes F3–F5.

Context

• These transactions are RSU settlements and a new RSU grant — not open-market purchases or sales. The withholding of shares to cover taxes is a routine administrative step (code F), not a discretionary sale.
• For retail investors, grants indicate compensation alignment but do not, by themselves, signal a buy/sell opinion. The filing appears timely and procedural.