First American CEO RSU tax share dispositions
First American Financial Corp Chief Executive Officer Mark Edward Seaton reported tax-related share dispositions tied to restricted stock unit vesting.
Rhea-AI Filing Summary
First American Financial Corp Chief Executive Officer Mark Edward Seaton reported tax-related share dispositions tied to restricted stock unit vesting. On February 24, 2026, 5,323 shares of common stock were withheld at $66.34 per share to cover tax liabilities, leaving 231,744.837 shares directly owned afterward.
On February 23, 2026, 7,030 shares were similarly withheld at $67.36 per share, with 237,067.837 shares directly owned after that transaction. Footnotes state these were payments of tax liabilities by withholding securities and detail multiple unvested RSU awards that vest in three equal annual installments starting on specified future anniversaries.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,323 | $66.34 | $353K |
| Exercise Price or Tax Liability | Common Stock | 7,030 | $67.36 | $474K |
Footnotes (6)
- F1. Payment of tax liability by withholding securities incident to the vesting of restricted stock units.
- F2. Includes 7,671 unvested Restricted Stock Units ("RSUs") acquired pursuant to an original grant of 21,414 RSUs and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 2/22/2025, the first anniversary of the grant.
- F3. Includes 29,607 unvested RSUs acquired pursuant to an original grant of 28,606 RSUs and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 2/24/2026, the first anniversary of the grant.
- F4. Includes 12,981 unvested RSUs acquired pursuant to an original grant of 12,763 RSUs and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 6/20/2026, the first anniversary of the grant.
- F5. Includes 65,084 unvested RSUs acquired pursuant to a grant vesting in three equal annual increments commencing 2/19/2027, the first anniversary of the grant.
- F6. Includes 19,734 unvested RSUs acquired pursuant to an original grant of 28,606 RSUs and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 2/24/2026, the first anniversary of the grant.
FAQ
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What insider transactions did First American Financial (FAF) report for its CEO?
What do the footnotes reveal about the CEO’s restricted stock units at First American (FAF)?
Were the CEO’s First American (FAF) transactions open-market sales or tax-withholding events?
AI-generated analysis. How Rhea-AI works. Not financial advice.