First American Financial (NYSE: FAF) CEO receives 65,084-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seaton Mark Edward reported acquisition or exercise transactions in this Form 4 filing.
First American Financial Corp reported that Chief Executive Officer Mark Edward Seaton received an equity grant of 65,084 shares of common stock in the form of restricted stock units on February 19, 2026. The award was granted at no cash purchase price and increases his directly held common stock and RSU-based holdings to 244,097.837 shares.
The new 65,084 unvested RSUs are scheduled to vest in three equal annual installments starting on February 19, 2027, one year after the grant date, aligning Seaton’s compensation with longer-term company performance. Additional footnotes detail several prior unvested RSU grants that vest annually in future years.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seaton Mark Edward
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 65,084 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 244,097.837 shares (Direct)
Footnotes (1)
- Includes 5,380 unvested Restricted Stock Units ("RSUs") acquired pursuant to an original grant of 18,633 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 15,319 unvested 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. 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. 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. 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.
FAQ
What did First American Financial (FAF) disclose about CEO Mark Seaton’s latest equity grant?
First American Financial disclosed that CEO Mark Edward Seaton received a grant of 65,084 restricted stock units on February 19, 2026. The grant was awarded at no cash purchase price and adds to his existing mix of vested and unvested equity awards.
How do the new 65,084 restricted stock units for FAF’s CEO vest over time?
The 65,084 new restricted stock units granted to FAF’s CEO vest in three equal annual installments. Vesting begins on February 19, 2027, which is the first anniversary of the grant date, and continues annually, promoting multi-year alignment with company performance.
What other unvested RSU grants for FAF’s CEO are described in the Form 4 footnotes?
Footnotes describe several prior unvested RSU grants for the CEO, including 5,380, 15,319, 29,607, and 12,981 unvested units. These awards stem from earlier, larger original grants and dividend reinvestments, vesting annually beginning in 2023, 2025, 2026, and 2026, respectively.
Was the FAF CEO’s February 19, 2026 stock grant a market purchase or a compensation award?
The February 19, 2026 transaction was a compensation award, not a market purchase. It is coded as an “A” transaction, described as a grant, award, or other acquisition, with a price per share of $0.0000, reflecting a stock-based incentive rather than a cash investment.