First American Financial (NYSE: FAF) awards 2,050 shares to VP Adams
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First American Financial VP & Chief Accounting Officer Steven A. Adams received 2,050 shares of common stock on February 4, 2026, at a price of $0 per share. These shares relate to performance stock units for which the board’s compensation committee certified performance and that will vest on February 16, 2026, the third anniversary of the grant.
After this award, Adams beneficially owned 11,835.893 shares directly, including multiple blocks of unvested restricted stock units and shares accumulated through dividend reinvestment and the employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Adams Steven A
Role
VP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,050 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,835.893 shares (Direct)
Footnotes (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 893 unvested RSUs acquired pursuant to an original grant of 2,388 RSUs and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 2/16/2024, 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 2,050 unvested RSUs, acquired pursuant to an original grant of 1,351 Performance Stock Units and shares acquired through automatic dividend reinvestment, for which the Compensation Committee of the Board of Directors certified performance on February 4, 2026, and which will vest on 2/16/2026, the third anniversary of the grant. Includes 111.150 shares acquired through an automatic dividend reinvestment plan administered by the reporting person's broker since the reporting person's last filing made pursuant to Section 16(a) of the Securities Exchange Act of 1934. Fractional share amounts may vary slightly from prior reports due to rounding. Includes 217.837 shares acquired under the issuer's Employee Stock Purchase Plan since the reporting person's last filing made pursuant to Section 16(a) of the Securities Exchange Act of 1934. Fractional share amounts may vary slightly from prior reports due to rounding.
FAQ
What insider transaction did First American Financial (FAF) report for Steven A. Adams?
Steven A. Adams received 2,050 shares of First American Financial common stock on February 4, 2026 at a price of $0 per share. The transaction reflects stock issued from performance-based awards rather than an open-market purchase or sale.
How are Steven A. Adams’s restricted stock units at First American Financial structured?
Adams holds several blocks of unvested restricted stock units that generally vest in equal annual installments. Different grants begin vesting on February 22, 2023, February 16, 2024, February 22, 2025, and February 24, 2026, with additional shares added through automatic dividend reinvestment.
What role do dividend reinvestment and the employee stock purchase plan play in Adams’s FAF holdings?
Adams’s holdings include 111.150 shares acquired through an automatic dividend reinvestment plan and 217.837 shares through the employee stock purchase plan. These programs automatically convert dividends and payroll contributions into additional First American Financial common shares over time.
What is Steven A. Adams’s position at First American Financial (FAF)?
Steven A. Adams serves as Vice President and Chief Accounting Officer at First American Financial. As an officer, his equity awards, including restricted stock units and performance stock units, are reported when granted, vested, or converted into common shares.