First American (NYSE: FAF) director receives 14,570-share RSU grant
Rhea-AI Filing Summary
First American Financial Corp director Dennis J. Gilmore reported a compensation-related stock award. On June 22, 2026, he received a grant of 14,570 shares of Common Stock in the form of unvested restricted stock units at $0.00 per share, increasing his direct holdings to 477,031 shares. These 14,570 RSUs vest in two equal annual installments beginning on June 22, 2027. A prior award includes 2,458 unvested RSUs from an original 2,418-unit grant plus dividend reinvestments, scheduled to vest on February 19, 2027. Separately, 2,343.023 shares are held indirectly through a 401(k) Plan Trust, consisting of company match contributions, purchases for his account, and shares acquired via automatic dividend reinvestment.
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Insider Trade Summary
Net Buyer: 14,570 shares
Net Buy
2 txns
Insider
GILMORE DENNIS J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,570 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 477,031 shares (Direct);
Common Stock — 2,343.023 shares (Indirect, By 401(k) Plan Trust)
Footnotes (3)
- F1. Includes 2,458 unvested Restricted Stock Units ("RSUs") acquired pursuant to an original grant of 2,418 RSUs and shares aquired through automatic dividend reinvestment, vesting 2/19/2027, the first anniversary of the grant.
- F2. Includes 14,570 unvested RSUs acquired pursuant to a grant vesting in two equal annual increments commencing 6/22/2027, the first anniversary of the grant.
- F3. Amount shown consists of shares contributed by issuer as company match, shares purchased for the reporting person's account and shares acquired through automatic reinvestment of dividends paid as reported in most recent account statement in transactions exempt under rules 16a-3(f)(1)(i)(B) and 16b-3(c).
Key Figures
RSU grant: 14,570 shares
Direct holdings after grant: 477,031 shares
Indirect 401(k) holdings: 2,343.023 shares
+3 more
6 metrics
RSU grant
14,570 shares
Unvested RSUs granted on June 22, 2026 at $0.00 per share
Direct holdings after grant
477,031 shares
Common Stock directly held following RSU award
Indirect 401(k) holdings
2,343.023 shares
Common Stock held via 401(k) Plan Trust
Prior unvested RSUs
2,458 units
Unvested RSUs vesting on February 19, 2027
New RSU vesting start
June 22, 2027
First of two equal annual vesting dates for 14,570 RSUs
Grant price
$0.00 per share
Compensation-related RSU award, no cash paid by director
Key Terms
Restricted Stock Units ("RSUs"), automatic dividend reinvestment, company match, 401(k) Plan Trust, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"Includes 2,458 unvested Restricted Stock Units ("RSUs") acquired pursuant to an original grant"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
automatic dividend reinvestment financial
"shares aquired through automatic dividend reinvestment, vesting 2/19/2027"
company match financial
"Amount shown consists of shares contributed by issuer as company match"
401(k) Plan Trust financial
"By 401(k) Plan Trust"
rules 16a-3(f)(1)(i)(B) and 16b-3(c) regulatory
"transactions exempt under rules 16a-3(f)(1)(i)(B) and 16b-3(c)"
FAQ
What did First American (FAF) director Dennis J. Gilmore report in this Form 4?
Dennis J. Gilmore reported receiving a grant of 14,570 restricted stock units of First American common stock at no cost. The filing also updates his total direct and indirect share holdings, including 401(k) plan shares and previously granted unvested RSUs.
When do Dennis J. Gilmore’s new First American (FAF) RSUs vest?
The 14,570 new RSUs vest in two equal annual installments starting June 22, 2027. A separate award of 2,458 unvested RSUs from an earlier grant is scheduled to vest on February 19, 2027, providing a staggered vesting schedule.
What are Dennis J. Gilmore’s total direct First American (FAF) holdings after the grant?
After the grant, Dennis J. Gilmore directly holds 477,031 shares of First American common stock. This figure includes his existing holdings plus the newly granted 14,570 unvested restricted stock units described in the Form 4 footnotes.
What indirect First American (FAF) holdings does Dennis J. Gilmore report?
Dennis J. Gilmore reports 2,343.023 shares held indirectly through a 401(k) Plan Trust. These shares reflect company matching contributions, shares purchased for his account, and shares added via automatic reinvestment of cash dividends in the plan.
Are Dennis J. Gilmore’s reported First American (FAF) transactions open-market trades?
The reported activity reflects a grant of restricted stock units and 401(k) plan accumulations, not open-market buying or selling. The RSU grant is coded as an acquisition award, and plan shares arise from company match, purchases, and dividend reinvestments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
