Role
10%+ Owner
Signature
BLACKSTONE FAMILY TACTICAL OPPORTUNITIES INVESTMENT PARTNERSHIP - NQ - ESC L.P., By: BTO - NQ Side-by-Side GP L.L.C., its general partner By: /s/ Christopher J. James, Name: Christopher J. James, Title: Authorized Signatory
Issuer symbol
FOA
Transactions as of
04 Dec 2025
Transactions value $
-$40,149,090
Form type
4
Filing time
08 Dec 2025, 19:04:10 UTC
Previous filing
03 Apr 2024

Reporting Owners (7)

Name Relationship Address Signature Signature date CIK
Blackstone Tactical Opportunities Associates - NQ L.L.C. 10%+ Owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK BLACKSTONE FAMILY TACTICAL OPPORTUNITIES INVESTMENT PARTNERSHIP - NQ - ESC L.P., By: BTO - NQ Side-by-Side GP L.L.C., its general partner By: /s/ Christopher J. James, Name: Christopher J. James, Title: Authorized Signatory 08 Dec 2025 0001844883
BTOA - NQ L.L.C. 10%+ Owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK BTO - NQ SIDE-BY-SIDE GP L.L.C., By: /s/ Christopher J. James, Name: Christopher J. James, Title: Authorized Signatory 08 Dec 2025 0001844866
BTO Urban Holdings II L.P. 10%+ Owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK BTO URBAN HOLDINGS II L.P., By: Blackstone Tactical Opportunities Associates - NQ L.L.C., its general partner, By: BTOA - NQ L.L.C., its sole member, By: /s/ Christopher J. James, Name: Christopher J. James, Title: Authorized Signatory 08 Dec 2025 0001853533
BTO - NQ Side-by-Side GP L.L.C. 10%+ Owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK BLACKSTONE TACTICAL OPPORTUNITIES ASSOCIATES - NQ L.L.C., By: BTOA - NQ L.L.C., its sole member, By: /s/ Christopher J. James, Name: Christopher J. James, Title: Authorized Signatory 08 Dec 2025 0001853625
Blackstone Family Tactical Opportunities Investment Partnership NQ - ESC L.P. 10%+ Owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK BTOA - NQ L.L.C., By: /s/ Christopher J. James, Name: Christopher J. James, Title: Authorized Signatory 08 Dec 2025 0001853361
Blackstone Holdings II L.P. 10%+ Owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK BLACKSTONE HOLDINGS II L.P., By: Blackstone Holdings I/II GP L.L.C., its general partner, By: /s/ Victoria Portnoy, Name: Victoria Portnoy, Title: Managing Director - Assistant Secretary 08 Dec 2025 0001484870
Blackstone Holdings I/II GP L.L.C. 10%+ Owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK BLACKSTONE HOLDINGS I/II GP L.L.C., By: /s/ Victoria Portnoy, Name: Victoria Portnoy, Title: Managing Director - Assistant Secretary 08 Dec 2025 0001464695

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOA Class A Common Stock Sale -$3.86M -386K -50% $10.00 386K 04 Dec 2025 By Urban Holdings LLC F1, F3, F6, F7, F8, F11, F12
transaction FOA Class A Common Stock Sale -$21.6K -2.16K -50% $10.00 2.16K 04 Dec 2025 By BFTO LP F1, F4, F9, F11, F12
transaction FOA Class A Common Stock Sale -$12.1M -1.21M -50% $10.00 1.21M 04 Dec 2025 By Urban Holdings II LP F1, F5, F10, F11, F12

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FOA LLC Units of Finance of America Equity Capital LLC Sale -$24M -2.4M -50% $10.00 2.4M 04 Dec 2025 Class A Common Stock 2.4M By Urban Holdings LLC F1, F2, F3, F6, F7, F8, F11, F12
transaction FOA LLC Units of Finance of America Equity Capital LLC Sale -$138K -13.8K -50% $10.00 13.8K 04 Dec 2025 Class A Common Stock 13.8K By BFTO LP F1, F2, F4, F9, F11, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities were repurchased by the Issuer pursuant to that certain Amended and Restated Repurchase Agreement dated as of November 13, 2025, by and among the Issuer, BTO Urban Holdings L.L.C., ("Urban Holdings LLC"), Blackstone Family Tactical Opportunities Investment Partnership - NQ - ESC L.P. ("BFTO LP"), BTO Urban Holdings II L.P. ("Urban Holdings II LLC") and Blackstone Tactical Opportunities Associates - NQ L.L.C.
F2 Pursuant to the terms of an exchange agreement, dated as of April 1, 2021, limited liability company units of Finance of America Equity Capital LLC ("FOA Units") held by the Reporting Persons are exchangeable for shares of the Issuer's Class A common stock ("Class A Common Stock") on a one-for-one basis. These exchange rights do not expire.
F3 Reflects securities directly held by Urban Holdings LLC.
F4 Reflects securities directly held by BFTO LP.
F5 Reflects securities directly held by Urban Holdings II LP.
F6 Urban Holdings LLC is owned by Blackstone Tactical Opportunities Fund - NQ L.P., Blackstone Tactical Opportunities Fund II - NQ L.P., Blackstone Tactical Opportunities Fund - A (RA) - NQ L.P., Blackstone Tactical Opportunities Fund - I - NQ L.P., Blackstone Tactical Opportunities Fund - S - NQ L.P., Blackstone Tactical Opportunities Fund - C - NQ L.P., Blackstone Tactical Opportunities Fund - L - NQ L.P., Blackstone Tactical Opportunities Fund - O - NQ L.P., Blackstone Tactical Opportunities Fund - N - NQ L.P., Blackstone Tactical Opportunities Fund - U - NQ L.L.C., Blackstone Tactical Opportunities Fund II - C - NQ L.P., Blackstone Tactical Opportunities Fund - T - NQ L.P. (collectively, each of the Blackstone Tactical Opportunities Funds described in this paragraph shall be referred to as the "Blackstone Tactical Opportunities Funds"), (continued in footnote (7)).
F7 BTAS NQ Holdings L.L.C. and Blackstone Family Tactical Opportunities Investment Partnership SMD L.P. The general partner of each of the Blackstone Tactical Opportunities Funds is Blackstone Tactical Opportunities Associates - NQ L.L.C. The sole member of Blackstone Tactical Opportunities Associates - NQ L.L.C. is BTOA - NQ L.L.C. The managing member of BTOA - NQ L.L.C. is Blackstone Holdings II L.P. The managing member of BTAS NQ Holdings L.L.C. is BTAS Associates - NQ L.L.C. The managing member of BTAS Associates - NQ L.L.C. is Blackstone Holdings II L.P.
F8 The general partner of Blackstone Family Tactical Opportunities Investment Partnership SMD L.P. is Blackstone Family GP LLC. Blackstone Family GP LLC is wholly owned by Blackstone Inc.'s senior managing directors and controlled by its founder, Mr. Schwarzman.
F9 The general partner of BFTO LP is BTO - NQ Side-by-Side GP L.L.C. The sole member of BTO - NQ Side-by-Side GP L.L.C. is Blackstone Holdings II L.P.
F10 The general partner of Urban Holdings II LP is Blackstone Tactical Opportunities Associates - NQ L.L.C. The sole member of Blackstone Tactical Opportunities Associates - NQ L.L.C. is BTOA - NQ L.L.C. The managing member of BTOA - NQ L.L.C. is Blackstone Holdings II L.P. The general partner of Blackstone Holdings II L.P. is Blackstone Holdings I/II GP L.L.C.
F11 Blackstone Inc. is the sole member of Blackstone Holdings I/II GP L.L.C. The sole holder of the Series II preferred stock of Blackstone Inc. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.
F12 Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

Remarks:

Due to the limitations of the electronic filing system, certain Reporting Persons are filing a separate Form 4.