Sieffert Kristen N 4
Research Summary
AI-generated summary
Finance of America (FOA) President Kristen Sieffert Sells 750 Shares
What Happened
- Kristen N. Sieffert, President of Finance of America Companies Inc. (FOA), sold 750 shares of FOA stock on February 2, 2026. The shares were disposed at $23.32 per share for a total proceeds of approximately $17,490. This was a sale (not a purchase).
Key Details
- Transaction date and price: Feb 2, 2026; $23.32 per share.
- Quantity and value: 750 shares sold; total ≈ $17,490.
- Sale structure: Reported as an open-market or private sale (code S); footnote states the sales were effected in multiple transactions each at $23.32.
- 10b5-1 plan: Footnote indicates the sale was made pursuant to a Rule 10b5-1 trading plan adopted by Ms. Sieffert on Dec 13, 2024.
- Shares owned after transaction: Not specified in the information provided.
- Filing timeliness: Form filed Feb 4, 2026; appears timely (within the typical two-business-day Form 4 reporting window).
Context
- A sale executed under a 10b5-1 plan is pre-arranged and generally reduces the degree to which the transaction signals the insider’s current view of the company. The dollar amount here (~$17.5k) is modest and may represent routine liquidity rather than a significant change in insider conviction.