First American Financial (FAF) CFO receives 16,210-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wajner Matthew F. reported acquisition or exercise transactions in this Form 4 filing.
First American Financial Corp EVP and CFO Matthew F. Wajner received an equity grant of 16,210 shares of common stock on February 19, 2026 as a stock award with no cash price per share. Following this grant, he directly holds 54,739 common shares, including several tranches of unvested Restricted Stock Units (RSUs) that vest annually starting on various anniversaries in 2023, 2025, 2026, and 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wajner Matthew F.
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,210 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 54,739 shares (Direct)
Footnotes (1)
- Includes 506 unvested Restricted Stock Units ("RSUs") acquired pursuant to an original grant of 1,734 RSUs and shares acquired through automatic dividend reinvestment, which vest in four equal annual increments commencing 2/22/2023, the first anniversary of the grant. Includes 2,099 unvested RSUs acquired pursuant to an original grant of 2,933 RSUs and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 2/22/2025, the first anniversary of the grant. Includes 3,739 unvested RSUs acquired pursuant to an original grant of 3,616 RSUs and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 2/24/2026, the first anniversary of the grant. Includes 3,387 unvested RSUs acquired pursuant to an original grant of 3,331 RSUs and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 6/20/2026, the first anniversary of the grant. Includes 16,210 unvested RSUs acquired pursuant to a grant vesting in three equal annual increments commencing 2/19/2027, the first anniversary of the grant.
FAQ
What insider transaction did First American Financial (FAF) report for CFO Matthew Wajner?
First American Financial reported that EVP and CFO Matthew F. Wajner acquired 16,210 shares of common stock as a stock award. The grant was recorded at a price of $0.00 per share, reflecting an equity-based compensation award rather than an open-market purchase.
What are the vesting terms of the new 16,210 RSUs reported by First American Financial (FAF)?
The filing states the 16,210 unvested RSUs acquired in this grant will vest in three equal annual increments. Vesting begins on February 19, 2027, which is the first anniversary of the grant date, with additional equal installments on the second and third anniversaries.
What other unvested RSUs does First American Financial (FAF) CFO Matthew Wajner hold?
Footnotes show existing unvested RSUs in several grants: 506 units from an original 1,734-unit grant vesting annually from February 22, 2023, plus 2,099, 3,739, and 3,387 unvested RSUs from later grants vesting in equal annual installments starting in 2025 and 2026.
Was the February 19, 2026 FAF insider transaction a market purchase or a compensation award?
The February 19, 2026 transaction is classified as a grant, award, or other acquisition under code A. The 16,210 shares were acquired at $0.00 per share, indicating an equity-based compensation award rather than an open-market purchase or sale of First American Financial stock.