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Director at First American (NYSE: FAF) receives 2,418-share stock grant

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

Rhea-AI Filing Summary

First American Financial director Parker S. Kennedy reported receiving a grant of 2,418 shares of common stock on February 19, 2026, at a stated price of $0.00 per share, classified as a grant or award acquisition. Following this grant, his directly held common stock rose to 253,970 shares.

The filing also notes 2,609 unvested restricted stock units from an earlier 2,522-unit grant that, with dividend reinvestment, are scheduled to vest on February 24, 2026, and 2,418 unvested RSUs from the new grant vesting on February 19, 2027. In addition, 2,165,546 shares are held indirectly through Kennedy Enterprises, L.P., where he is the sole general partner and a limited partner, and he disclaims beneficial ownership beyond his pecuniary interest.

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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*
KENNEDY PARKER S

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
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 2,418 A $0 253,970(1)(2) D
Common Stock 2,165,546 I(3) By Limited Partnership
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 2,609 unvested Restricted Stock Units ("RSUs") acquired pursuant to an original grant of 2,522 RSUs and shares acquired through automatic dividend reinvestment, vesting 2/24/2026, the first anniversary of the grant.
2. Includes 2,418 unvested RSUs acquired pursuant to a grant vesting 2/19/2027, the first anniversary of the grant.
3. The reported securities are held by Kennedy Enterprises, L.P., a limited partnership of which the reporting person is the sole general partner. The reporting person and his wife are also limited partners of the partnership. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
/s/ Stacy S. Rust, Attorney-in-Fact for Parker S. Kennedy 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 insider transaction did First American Financial (FAF) report for Parker S. Kennedy?

Parker S. Kennedy reported receiving a grant of 2,418 shares of First American Financial common stock on February 19, 2026. The transaction was recorded at $0.00 per share and classified as a grant or award acquisition rather than an open-market purchase.

How many First American Financial (FAF) shares does Parker S. Kennedy hold directly after the grant?

After the February 19, 2026 grant, Parker S. Kennedy directly holds 253,970 shares of First American Financial common stock. This direct position includes both previously held shares and the newly granted 2,418 shares reported in the Form 4 filing.

What restricted stock units (RSUs) are outstanding for Parker S. Kennedy at First American Financial (FAF)?

The filing notes 2,609 unvested RSUs from an original 2,522-unit grant, plus dividend reinvestment, vesting on February 24, 2026. It also includes 2,418 unvested RSUs from a new grant scheduled to vest on February 19, 2027, the first anniversary of that grant.

What indirect First American Financial (FAF) holdings are associated with Parker S. Kennedy?

The Form 4 shows 2,165,546 shares of First American Financial common stock held indirectly through Kennedy Enterprises, L.P. Kennedy is the sole general partner and a limited partner, but he disclaims beneficial ownership beyond his pecuniary interest in those securities.

Was the February 19, 2026 First American Financial (FAF) grant a market purchase?

No, the 2,418-share transaction on February 19, 2026 is coded as a grant, award, or other acquisition at $0.00 per share. This indicates a compensation-related stock award rather than an open-market purchase of First American Financial shares.

When do Parker S. Kennedy’s First American Financial (FAF) RSU awards vest?

One RSU award of 2,609 units, including dividend reinvestment, is scheduled to vest on February 24, 2026. A separate grant of 2,418 RSUs reported in this filing is expected to vest on February 19, 2027, one year after the grant date.
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