First Trinity Financial CORP: insider trades · United States · SEC (Form 4)

About First Trinity Financial CORP

First Trinity Financial Corporation is a United States-based insurance holding company headquartered in Tulsa, Oklahoma. From a market perspective, investors should note that the company has historically described its shares as having limited and sporadic market information, so it does not appear to operate like a highly liquid large-cap NYSE or NASDAQ name. For SEO and investor positioning, the most relevant framing is that FTFC is a small, specialized U.S. insurance platform with a long operating history in life insurance, annuities and mortgage-related activities. ([firsttrinityfinancial.com](https://firsttrinityfinancial.com/home)) Founded in 2004, First Trinity built its insurance franchise gradually. It began insurance operations in 2007 marketing a single product in Oklahoma, then expanded through acquisitions: First Life America Corporation in 2008 and Family Benefit Life Insurance Company in 2011. That acquisition-led model allowed FTFC to move from a single-state start-up to a multi-state insurer operating across 27 states. This evolution matters competitively because it places the company in the niche segment of mid-sized life insurers that rely on disciplined underwriting, product specialization and asset-liability management rather than broad retail banking or mass-market insurance distribution. ([firsttrinityfinancial.com](https://firsttrinityfinancial.com/home)) The company’s core business lines are traditional life insurance, life products with cash value features, and fixed annuities. In addition, FTFC operates mortgage-related businesses through Trinity Mortgage Corporation, which management has described as providing quality assets for the insurance companies while also generating additional revenue by brokering mortgage loans for other life insurers. Trinity American Inc. adds an international marketing component. In practical terms, the group combines insurance underwriting, annuity savings products, and mortgage finance activities that support investment income and diversification. ([firsttrinityfinancial.com](https://firsttrinityfinancial.com/home)) Its competitive position is best understood as that of a focused regional-to-national niche insurer rather than a diversified financial conglomerate. The company emphasizes moral and ethical principles, competitive life and annuity products, shareholder value creation, and regulatory compliance. In its shareholder update, management reported that assets rose to about $665.9 million in 2022, revenues increased to $65.6 million, and net income reached $6.2 million. The same document stated that FTFC had remained profitable every year since 2010. While these figures should be treated as company-reported historical data rather than forward guidance, they indicate a business that has shown earnings resilience over time. ([static1.squarespace.com](https://static1.squarespace.com/static/5bff132871069950d6935b30/t/660c6650850f2851eb608da2/1712088656891/2022%2BAnnual%2BReport.pdf)) A major recent development was the April 2023 announcement that FTFC entered into an agreement to be acquired by Brickell L&A Holdings LLC, a portfolio company tied to 777 Partners. The transaction was structured at 1.17 times GAAP shareholders’ equity at closing, excluding accumulated other comprehensive income or loss and subject to closing adjustments. The company said it expected the deal to close by mid-2024, pending regulatory approvals, shareholder approval and customary conditions. For investors following SEC Form 4 insider transactions, that pending corporate event is important because it can affect insider behavior, liquidity expectations and the eventual ownership profile of the issuer. ([static1.squarespace.com](https://static1.squarespace.com/static/5bff132871069950d6935b30/t/660c6650850f2851eb608da2/1712088656891/2022%2BAnnual%2BReport.pdf))