FAF officer reports tax-withholding share disposition
First American Financial Corp VP & Chief Accounting Officer Steven A. Adams reported a tax-related share disposition.
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Rhea-AI Filing Summary
First American Financial Corp VP & Chief Accounting Officer Steven A. Adams reported a tax-related share disposition. On this Form 4, 1,190 shares of common stock were withheld at $67.22 per share to satisfy tax liability upon vesting of restricted stock units, leaving him with 10,645.893 directly owned shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,190 | $67.22 | $80K |
Footnotes (4)
- F1. Payment of tax liability by withholding securities incident to the vesting of restricted stock units.
- F2. 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.
- F3. 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.
- F4. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did First American Financial (FAF) report for Steven A. Adams?
Was the First American Financial (FAF) Form 4 transaction an open-market sale?
What do the restricted stock unit (RSU) footnotes in the FAF Form 4 indicate?
AI-generated analysis. How Rhea-AI works. Not financial advice.