secwatch.observer — SEC 8-K summary
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Issuer:     Finance of America Companies Inc. (FOA)
CIK:        0001828937
Form:       8-K
Filed at:   2022-06-13T23:59:59+00:00
Accession:  0001193125-22-172897
Event type: leadership
Sentiment:  negative
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Patricia Cook retire June 30 due to medical condition; Graham Fleming named interim CEO
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- CEO Patricia Cook steps down June 30, 2022 to focus on health; previously announced retirement in Feb 2022.
- President Graham Fleming appointed interim CEO effective July 1, 2022; will continue as President.
- Cook receives $1.375M separation pay and $25K/month consulting fee through Dec 2022 as senior consultant.
- Unvested RSUs (653,599 shares) fully accelerated; Earnout Rights (up to 136,800 shares) remain eligible to vest.
- CEO search ongoing; Fleming has over 25 years of mortgage lending experience.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828937/000119312522172897/0001193125-22-172897-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828937/000119312522172897/d295612d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-172897

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