Conviction
$ Value
$23K
Shares
1,112
Price
$21
Filed
Sep 2
▶ Why this score? (5/10)
- ✓ Open market buy (+3)
- ✓ 10%+ owner (+1)
- ✓ Not a 10b5-1 plan (+1)
Insider
Name
COOPERMAN LEON G
Title
—
CIK
0000898382
Roles
Transaction Details
Transaction Date
2025-06-20
Code
P
Table
Non-Derivative
Ownership
Indirect
Equity Swap
No
Shares After
1,257,062
Footnotes
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. | 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. | 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. | 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. | On August 4, 2025, the Omega Capital Partners purchased $15,000,000.00 worth of unsecured convertible notes (the "Convertible Notes") of the Issuer that are convertible, in the aggregate, into 789,473 shares of the Issuer's Class A Common Stock, par value $0.0001 per share (the "Common Stock") at a conversion price of $19.00 per share. The Convertible Notes are convertible at anytime at the option of the Issuer or the Reporting Person; provided, however, that the Convertible Notes may not be converted into shares of Common Stock to the extent that the Reporting Person would beneficially own more than 9.99% of the Issuer's Common Stock after giving effect to such conversion.
Filing Info
COOPERMAN LEON G's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2026-03-13 | FOA | ▲ | $451 |
| 2025-08-05 | FOA | ▲ | $239K |
| 2025-08-04 | FOA | ▲ | — |
| 2025-06-20 | FOA | ▲ | $23K |
| 2025-06-18 | FOA | ▲ | $184K |
| 2025-06-17 | FOA | ▲ | $212K |
| 2025-06-11 | FOA | ▲ | $101K |
| 2025-06-10 | FOA | ▲ | $220K |
| 2025-05-22 | FOA | ▲ | $119K |
| 2025-05-22 | FOA | ▲ | $7K |
Other Insiders at FOA (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
|
Engel Matthew A
Chief Financial Officer
|
$174K | — | 2026-04-01 |
| COOPERMAN LEON G | $451 | — | 2026-03-13 |
| Blackstone Tactical Opportunities Associates - NQ L.L.C. | — | $40.1M | 2026-02-27 |
| Blackstone Tactical Opportunities Fund - U - NQ L.L.C. | — | $40.1M | 2026-02-27 |
|
Prahm Jeremy
Chief Investment Officer
|
— | $336K | 2026-04-20 |
|
Fleming Graham
Chief Executive Officer
|
— | — | 2026-04-01 |
|
Thornock Tai A.
Chief Accounting Officer
|
— | — | 2026-04-01 |
| BTO Urban Holdings L.L.C. | — | $40.1M | 2026-02-27 |
|
Richmond Lauren
Chief Legal Officer
|
— | — | 2026-04-01 |
|
Sieffert Kristen N
President
|
— | $44K | 2026-04-01 |