Muller Laura L. 4

What Happened

• Laura L. Muller, President of Fathom Holdings, received a grant of 137,614 performance rights (reported as a derivative award) on 2026-02-09. The grant is reported at $0 cash cost to Muller (no purchase price) because these are contingent performance rights rather than immediately issued common stock.

Key Details

• Transaction date: 2026-02-09 (Form 4 filed 2026-02-11; appears timely — within two business days).
• Transaction type/code: Award/Grant (A); 137,614 performance rights granted at $0.00 per right.
• Reported dollar value: $0 on grant (value contingent on future vesting and the company’s stock price if converted).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Each performance right represents a contingent right to receive one share of Fathom common stock; vesting depends on consolidated real estate brokerage gross profit thresholds for fiscal year ending 2026.

Context

• These are performance-based derivative awards, not an open-market purchase or immediate stock issuance. They only convert into shares if the stated 2026 gross profit targets are achieved, so they do not immediately change outstanding share count or represent an immediate cash transaction. Performance awards are commonly used for executive retention and incentive alignment.