First American (FAF) Insider Notice — 7,692 Shares via Fidelity

Rhea-AI Filing Summary

Form 144 notice for First American Financial Corporation (FAF): A proposed sale of 7,692 common shares is reported to be executed through Fidelity Brokerage Services with an aggregate market value of $501,298.41. The filing lists 101,800,000 shares outstanding for the issuer and an approximate sale date of 08/28/2025. All shares were acquired as restricted stock that vested on 12/20/2019 (2,460 shares), 02/22/2020 (2,495 shares) and 02/18/2022 (2,737 shares), with payment characterized as compensation. The filer reports no sales in the past three months and certifies no undisclosed material adverse information; the form also references potential Rule 10b5-1 trading plans.

Positive

• Transparent disclosure of the proposed sale including broker, share count, and aggregate market value
• Shares originate from vested restricted stock, indicating they were issued as compensation rather than purchased opportunistically
• No securities sold in the past three months, suggesting the filer has not been actively disposing of large holdings recently

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider sale of vested restricted shares; size is immaterial relative to outstanding stock.

The notice documents a proposed sale of 7,692 common shares from vested restricted stock, representing roughly 0.0076% of the issuer's 101.8 million outstanding shares. The transaction is routed through a major broker and has an indicated aggregate market value of $501,298.41. There are no reported sales in the prior three months, reducing concerns about concentrated insider disposition. This filing is procedural and provides transparency about timing and source of shares but does not indicate company operational changes.

Corporate Governance Expert

TL;DR: Compliance-focused disclosure consistent with Rule 144 requirements; includes standard insider certification.

The filing states the securities were acquired through restricted stock vesting and paid as compensation, which is typical for executive or employee holdings. The filer affirms absence of material nonpublic information and references Rule 10b5-1 planning, indicating an awareness of insider trading controls. From a governance perspective this is a standard transparency event rather than a red flag, given the small percentage of outstanding shares involved and the absence of recent sales activity.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	7692	501298.41	101800000	08/28/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/20/2019	Restricted Stock Vesting	Issuer			2460	12/20/2019	Compensation
Common	02/22/2020	Restricted Stock Vesting	Issuer			2495	02/22/2020	Compensation
Common	02/18/2022	Restricted Stock Vesting	Issuer			2737	02/18/2022	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed by First American Financial (FAF) report?

The form reports a proposed sale of 7,692 common shares through Fidelity with an aggregate market value of $501,298.41 and an approximate sale date of 08/28/2025.

How were the shares being sold acquired according to the filing?

All shares were acquired via restricted stock vesting on 12/20/2019 (2,460 shares), 02/22/2020 (2,495 shares), and 02/18/2022 (2,737 shares), and payment is characterized as compensation.

Does the filing show any other sales by the filer in the past three months?

The filing states "Nothing to Report" for securities sold during the past three months.

What representations does the filer make on the Form 144?

The filer represents they do not know of any material adverse information about the issuer that has not been publicly disclosed and references any adopted Rule 10b5-1 trading plans where applicable.