First American (FAF) Form 144: 3,500 Shares Listed for Sale on NYSE

Rhea-AI Filing Summary

First American Financial Corporation submitted a Form 144 reporting a proposed sale of 3,500 shares of common stock through Fidelity Brokerage Services. The filing lists an aggregate market value of $229,705.35, an approximate sale date of 08/13/2025, and identifies the NYSE as the exchange with 101,800,000 shares outstanding for the issuer.

The securities were acquired via restricted stock vesting: 2,283 shares on 02/22/2023 and 1,217 shares on 02/16/2024; payment is characterized as compensation. The filer reports no securities sold in the past 3 months and includes the standard signature representation regarding undisclosed material adverse information.

Insights

Financial Analyst

TL;DR: This Form 144 reports a small, non‑material proposed sale relative to the issuer's outstanding shares.

The filing shows a proposed disposition of 3,500 common shares with an aggregate market value of $229,705.35. Against the stated 101,800,000 shares outstanding, the sale represents approximately 0.0034% of the outstanding shares, indicating the transaction is very small in scale. There are no reported sales in the prior three months, and the shares originated from restricted stock vesting recorded on 02/22/2023 and 02/16/2024.

Corporate Governance Expert

TL;DR: The disclosure is routine—proceeds stem from vested compensation and the filer affirms no undisclosed material adverse information.

The Form 144 specifies that the securities to be sold were acquired through restricted stock vesting and were paid as compensation. The notice identifies the broker (Fidelity Brokerage Services LLC) and the intended exchange (NYSE), and it includes the mandatory representation regarding knowledge of material adverse information. Given the small size of the proposed sale and the absence of recent sales, this appears to be a standard insider liquidity disclosure rather than a governance red flag.

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	3500	229705.35	101800000	08/13/2025	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	02/22/2023	Restricted Stock Vesting	Issuer			2283	02/22/2023	Compensation
Common	02/16/2024	Restricted Stock Vesting	Issuer			1217	02/16/2024	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 FAF Form 144 report?

The filing reports a proposed sale of 3,500 common shares valued at $229,705.35, to be sold on or about 08/13/2025 on the NYSE.

How were the 3,500 shares acquired according to the filing?

The shares were acquired via restricted stock vesting: 2,283 shares on 02/22/2023 and 1,217 shares on 02/16/2024, with payment listed as compensation.

Who is the broker handling the sale in the FAF Form 144?

The broker named in the filing is Fidelity Brokerage Services LLC at the address provided in the form.

Does the filing report any securities sold in the past three months?

No. The Form 144 states "Nothing to Report" under securities sold during the past three months.

How many shares outstanding does the filing list for the issuer?

The filing lists 101,800,000 shares outstanding for the issuer.