First American Financial VP sells common stock

Rhea-AI Filing Summary

First American Financial Corp officer Steven A. Adams, VP & Chief Accounting Officer, reported selling a total of 3,252.598 shares of common stock on July 24, 2026, in transactions described as sales in the open market or private transactions at a weighted average price of $74.9937 per share, with individual prices between $74.9901 and $75.055. His direct holdings include several tranches of unvested RSUs and shares accumulated through automatic dividend reinvestment and the Employee Stock Purchase Plan.

Insider Trade Summary

Net Seller: 3,252.598 shares

Net Sell 2 txns

Insider Adams Steven A

Role VP & Chief Accounting Officer

Sold 3,252.598 shs ($244K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2, F3, F4, F5, F6	3,252.597	$74.9937	$244K
Sale	Common Stock F2, F3, F4, F5, F6	0.001	$75.43	$0.08

Holdings After Transaction: Common Stock — 10,233.932 shares (Direct)

Footnotes (6)

1. F1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.9901 to $75.055, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
2. F2. Includes 903 unvested Restricted Stock Units ("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.
3. F3. Includes 2,180 unvested RSUs acquired pursuant to an original grant of 3,103 RSUs and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 2/24/2026, the first anniversary of the grant.
4. F4. Includes 3,405 unvested RSUs acquired pursuant to an original grant of 3,351 RSUs and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 2/19/2027, the first anniversary of the grant.
5. F5. Includes 114.851 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.
6. F6. Includes 162.786 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.

Key Figures

Shares sold (main block): 3,252.5970 shares Additional share sold: 0.0010 shares Weighted average sale price: $74.9937 per share +5 more

8 metrics

Shares sold (main block) 3,252.5970 shares Common stock sold directly by Steven A. Adams on July 24, 2026

Additional share sold 0.0010 shares Small additional common stock sale on July 24, 2026

Weighted average sale price $74.9937 per share Weighted average price for main sale block, transactions from $74.9901 to $75.055

Price range for sales $74.9901 to $75.055 per share Range of prices for the multiple sale transactions in the main block

Unvested RSUs tranche 1 903 RSUs Unvested RSUs vesting in three equal annual increments commencing 2/22/2025

Unvested RSUs tranche 2 2,180 RSUs Unvested RSUs vesting in three equal annual increments commencing 2/24/2026

Unvested RSUs tranche 3 3,405 RSUs Unvested RSUs vesting in three equal annual increments commencing 2/19/2027

Shares from plans 114.851 and 162.786 shares Shares from automatic dividend reinvestment and Employee Stock Purchase Plan since last Section 16 filing

Key Terms

Restricted Stock Units ("RSUs"), weighted average price, automatic dividend reinvestment plan, Employee Stock Purchase Plan

4 terms

Restricted Stock Units ("RSUs") financial

"Includes 903 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.

weighted average price financial

"The price reported is a weighted average price. These shares were sold in multiple"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

automatic dividend reinvestment plan financial

"Includes 114.851 shares acquired through an automatic dividend reinvestment plan administered"

Employee Stock Purchase Plan financial

"Includes 162.786 shares acquired under the issuer's Employee Stock Purchase Plan since"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

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?

Steven A. Adams, VP & Chief Accounting Officer, reported selling 3,252.598 shares of First American Financial common stock on July 24, 2026. The sales were coded as open-market or private transactions and reported on a Form 4 insider filing.

At what prices did Steven A. Adams sell FAF shares on July 24, 2026?

The main block of shares was sold at a $74.9937 weighted average price, with individual trades ranging from $74.9901 to $75.055. A very small additional sale of 0.0010 share occurred at $75.4300 per share the same day.

How many FAF shares did Steven A. Adams sell in total?

He sold a total of 3,252.598 shares of First American Financial common stock. This total reflects 3,252.5970 shares in one transaction plus an additional 0.0010 share, both reported as direct ownership sales on July 24, 2026.

What unvested RSUs does Steven A. Adams still hold in FAF?

His reported direct holdings include unvested RSUs: 903 RSUs vesting in three annual installments starting 2/22/2025, 2,180 RSUs vesting from 2/24/2026, and 3,405 RSUs vesting from 2/19/2027, all plus related dividend reinvestment shares.

Besides RSUs, how has Steven A. Adams accumulated additional FAF shares?

His holdings include 114.851 shares acquired through an automatic dividend reinvestment plan and 162.786 shares acquired under the issuer’s Employee Stock Purchase Plan since his last Section 16 filing, as detailed in the footnotes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/28/2026 - 06:37 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Adams Steven A

(Last) (First) (Middle)

1 FIRST AMERICAN WAY

(Street)

SANTA ANA CALIFORNIA 92707

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
First American Financial Corp [ FAF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP & Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/24/2026		S		3,252.597	D	$74.9937(1)	10,233.933(2)(3)(4)(5)(6)	D
Common Stock	07/24/2026		S		0.001	D	$75.43	10,233.932(2)(3)(4)(5)(6)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.9901 to $75.055, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

2. Includes 903 unvested Restricted Stock Units ("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.

3. Includes 2,180 unvested RSUs acquired pursuant to an original grant of 3,103 RSUs and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 2/24/2026, the first anniversary of the grant.

4. Includes 3,405 unvested RSUs acquired pursuant to an original grant of 3,351 RSUs and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 2/19/2027, the first anniversary of the grant.

5. Includes 114.851 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.

6. Includes 162.786 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.

	/s/ Stacy S. Rust, attorney-in-fact for Steven A. Adams	07/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)