COOPERMAN LEON G 4
4 · Finance of America Companies Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Finance of America (FOA) 10% Owner Leon G. Cooperman Buys 28 Shares
What Happened
Leon G. Cooperman, listed as a 10% owner of Finance of America Companies, purchased 28 shares of FOA stock in an open-market transaction on March 13, 2026 at $16.10 per share, for a total cost of $451. This was a purchase (not a sale), which some investors view as a mildly bullish signal given insider buying, although the dollar amount is small.
Key Details
- Transaction date and price: 2026-03-13 — 28 shares at $16.10 each (total $451).
- Filing date: Form 4 filed 2026-03-16; this filing was timely.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes (summary):
- F1: Some securities are held in the account of Omega Capital Partners, L.P., an entity over which Mr. Cooperman has investment discretion; he disclaims beneficial ownership except for his pecuniary interest.
- F2: Some securities are held in a UTMA account for his minor grandchild (Asher Silvin Cooperman); he has investment discretion and disclaims beneficial ownership.
- F3–F5: Additional securities are held in IRAs for Mr. Cooperman, his adult child (Michael Cooperman), and his spouse (Toby Cooperman); he maintains investment discretion and disclaims beneficial ownership in those accounts.
- Reporting status: Listed as a 10% owner (institutional/large-holder status), not an executive grant or option exercise.
Context
As a 10% owner, Mr. Cooperman’s transactions can reflect institutional or family-account activity; the footnotes show many holdings are in pooled or family accounts where he has discretion but disclaims beneficial ownership. The purchase amount here is very small ($451), so while insider buys often attract attention, this specific trade is modest and should be weighed accordingly.
Insider Transaction Report
- Purchase
Class A Common Stock, par value $0.0001 per share
[F1]2026-03-13$16.10/sh+28$451→ 1,267,718 total(indirect: See Footnote (1))
- 5,575
Class A Common Stock, par value $0.0001 per share
- 12,350(indirect: See Footnote (2))
Class A Common Stock, par value $0.0001 per share
[F2] - 350(indirect: See Footnote (3))
Class A Common Stock, par value $0.0001 per share
[F3] - 45(indirect: See Footnote (4))
Class A Common Stock, par value $0.0001 per share
[F4] - 30(indirect: See Footnote (5))
Class A Common Stock, par value $0.0001 per share
[F5]
Footnotes (5)
- [F1]The securities are held in the account of Omega Capital Partners, L.P., a private investment entity over which the Reporting Person has investment discretion. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
- [F2]These securities are held in the UTMA account of Asher Silvin Cooperman, the Reporting Person's minor grandchild, over which the Reporting Person maintains investment discretion. The Reporting Person disclaims beneficial ownership, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
- [F3]These securities are held in the individual retirement account of Mr. Cooperman. The Reporting Person disclaims beneficial ownership, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
- [F4]These securities are held in the individual retirement account of Michael Cooperman, the Reporting Person's adult child, over which the Reporting Person maintains investment discretion. The Reporting Person disclaims beneficial ownership, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
- [F5]These securities are held in the individual retirement account of Toby Cooperman, the Reporting Person's spouse, over which the Reporting Person maintains investment discretion. The Reporting Person disclaims beneficial ownership, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.