First American Financial (NYSE: FAF) director reports 15,743-share charitable gift
Rhea-AI Filing Summary
First American Financial Corp. director Dennis J. Gilmore reported a charitable stock donation. On 12/03/2025 he made a bona fide gift of 15,743 shares of common stock at a price of $0, reducing but not eliminating his direct ownership.
After this transaction he directly beneficially owned 473,070 shares of common stock, which include 2,587 unvested RSUs scheduled to vest on 02/24/2026 and 13,089 unvested RSUs vesting in three equal annual installments starting 06/20/2026. He also indirectly held 2,343.023 shares through a 401(k) Plan Trust, reflecting company matching contributions, share purchases, and dividend reinvestments.
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FAQ
What insider transaction did FAF director Dennis J. Gilmore report?
Dennis J. Gilmore, a director of First American Financial Corp. (FAF), reported a bona fide gift of 15,743 shares of common stock on 12/03/2025.
How many FAF shares does Dennis J. Gilmore own after the reported gift?
Following the gift, Dennis J. Gilmore beneficially owned 473,070 shares of FAF common stock directly and 2,343.023 shares indirectly through a 401(k) Plan Trust.
What restricted stock units (RSUs) are included in Dennis J. Gilmore’s FAF holdings?
His direct holdings include 2,587 unvested RSUs from an original grant vesting on 02/24/2026 and 13,089 unvested RSUs from another grant vesting in three equal annual increments starting 06/20/2026.
How were the 401(k) shares for Dennis J. Gilmore’s FAF position accumulated?
The 2,343.023 FAF shares in the 401(k) Plan Trust consist of company matching contributions, shares purchased for his account, and dividend reinvestments in transactions exempt under Rules 16a-3(f)(1)(i)(B) and 16b-3(c).
Did Dennis J. Gilmore receive any cash for the FAF shares he transferred?
No. The 15,743 FAF shares were transferred as a charitable gift at a reported price of $0, indicating no cash consideration was received.
What is Dennis J. Gilmore’s relationship to First American Financial Corp.?
According to the filing, Dennis J. Gilmore is a director of First American Financial Corp. (FAF) and is not listed as a 10% owner in this report.