FAF CEO reports tax-withholding share disposition
First American Financial Corp’s Chief Executive Officer Mark Edward Seaton reported a tax-related share disposition.
Rhea-AI Filing Summary
First American Financial Corp’s Chief Executive Officer Mark Edward Seaton reported a tax-related share disposition. On the restricted stock unit vesting date, 13,658 shares of common stock were withheld at $67.22 per share to satisfy tax obligations, coded as a tax-withholding disposition. Following this non‑market transaction, Seaton’s directly held common stock position is 179,013.837 shares, which includes multiple tranches of unvested restricted stock units scheduled to vest in future years.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 13,658 | $67.22 | $918K |
Footnotes (5)
- F1. Payment of tax liability by withholding securities incident to the vesting of restricted stock units.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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.
FAQ
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What insider transaction did FAF CEO Mark Edward Seaton report?
What do the FAF Form 4 footnotes say about the CEO’s restricted stock units?
Does the FAF CEO’s Form 4 indicate a change in investment intent?
AI-generated analysis. How Rhea-AI works. Not financial advice.