STOCK TITAN

First American Financial (FAF) VP awarded 3,351 shares in new stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Adams Steven A reported acquisition or exercise transactions in this Form 4 filing.

First American Financial Corp VP & Chief Accounting Officer Steven A. Adams received an equity grant of 3,351 shares of common stock on 2/19/2026 as a stock award with no cash paid per share. Following this award, he directly holds a total of 13,996.893 common shares.

Footnotes explain that his direct holdings include several blocks of unvested Restricted Stock Units from prior grants, which are scheduled to vest in annual installments beginning on 2/22/2023, 2/22/2025, 2/24/2026, and 2/19/2027.

Positive

  • None.

Negative

  • None.
Insider Adams Steven A
Role VP & Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Common Stock 3,351 $0.00 --
Holdings After Transaction: Common Stock — 13,996.893 shares (Direct)
Footnotes (1)
  1. Includes 549 unvested Restricted Stock Units ("RSUs") acquired pursuant to an original grant of 1,889 RSUs and shares acquired through automatic dividend reinvestment, vesting in four equal annual increments commencing 2/22/2023, the first anniversary of the grant. Includes 1,758 unvested RSUs acquired pursuant to an original grant of 2,456 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 3,207 unvested RSUs acquired pursuant to an original grant of 3,103 RSUs and shares acquired thorugh automatic dividend reinvestment, vesting in three equal annual increments commencing 2/24/2026, the first anniversary of the grant. Includes 3,351 unvested RSUs acquired pursuant to a grant vesting in three equal annual increments commencing 2/19/2027, the first anniversary of the grant.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Adams Steven A

(Last) (First) (Middle)
1 FIRST AMERICAN WAY

(Street)
SANTA ANA CA 92707

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
First American Financial Corp [ FAF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP & Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/19/2026 A 3,351 A $0 13,996.893(1)(2)(3)(4) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Includes 549 unvested Restricted Stock Units ("RSUs") acquired pursuant to an original grant of 1,889 RSUs and shares acquired through automatic dividend reinvestment, vesting in four equal annual increments commencing 2/22/2023, the first anniversary of the grant.
2. Includes 1,758 unvested RSUs acquired pursuant to an original grant of 2,456 RSUs and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 2/22/2025, the first anniversary of the grant.
3. Includes 3,207 unvested RSUs acquired pursuant to an original grant of 3,103 RSUs and shares acquired thorugh automatic dividend reinvestment, vesting in three equal annual increments commencing 2/24/2026, the first anniversary of the grant.
4. Includes 3,351 unvested RSUs acquired pursuant to a grant vesting in three equal annual increments commencing 2/19/2027, the first anniversary of the grant.
/s/ Stacy S. Rust, attorney-in-fact for Steven A. Adams 02/23/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did First American Financial (FAF) executive Steven A. Adams report on this Form 4?

Steven A. Adams reported receiving a grant of 3,351 shares of First American Financial common stock as an equity award. The award carried a price of $0.0000 per share and increased his directly held position to 13,996.893 shares after the transaction.

What is the size of Steven A. Adams’ latest stock award in FAF shares?

The latest stock award to Steven A. Adams totals 3,351 shares of First American Financial common stock. This grant is recorded at $0.0000 per share, indicating it is a compensatory equity award rather than an open-market purchase of shares.

How many First American Financial shares does Steven A. Adams hold after this transaction?

After this Form 4 transaction, Steven A. Adams directly holds 13,996.893 shares of First American Financial common stock. This figure includes previously granted awards and reflects his total direct ownership immediately following the 3,351-share equity grant.

Are unvested RSUs included in Steven A. Adams’ reported FAF holdings?

Yes, the reported holdings include unvested Restricted Stock Units. Footnotes state that his position includes several RSU grants, with portions vesting annually starting on 2/22/2023, 2/22/2025, 2/24/2026, and 2/19/2027, plus shares from dividend reinvestment.

What do the vesting schedules in the FAF Form 4 footnotes indicate for Adams’ RSUs?

The footnotes indicate multiple RSU grants that vest in equal annual installments over several years. Each grant begins vesting on the first anniversary of its grant date, providing Steven A. Adams with a staggered schedule of future share deliveries as service continues.

Did Steven A. Adams buy or sell First American Financial shares in the open market?

The Form 4 shows an acquisition classified as a grant or award, not an open-market trade. The 3,351 shares were acquired at a stated price of $0.0000 per share, indicating compensatory equity rather than a purchase or sale on the market.