First American (NYSE: FAF) CEO granted 17,460-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First American Financial Corp. Chief Executive Officer Mark Edward Seaton reported the award of 17,460 shares of common stock on 02/04/2026 at a price of $0 per share, reflecting stock-based compensation rather than an open-market purchase.
After this transaction, he beneficially owned 192,671.837 common shares directly, including multiple blocks of unvested restricted stock units and performance-based units that vest in scheduled annual increments from 2023 through 2026, as well as shares accumulated through automatic dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seaton Mark Edward
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,460 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 192,671.837 shares (Direct)
Footnotes (1)
- 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. Includes 7,644 unvested RSUs acquired pursuant to an original grant of 20,612 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 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. 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. 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. Includes 17,460 unvested RSUs, acquired pursuant to an original grant of 11,467 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 688.551 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.
FAQ
What insider transaction did FAF CEO Mark Edward Seaton report?
Mark Edward Seaton reported receiving 17,460 shares of First American Financial common stock as a stock-based award on 02/04/2026 at $0 per share. This reflects equity compensation, not a market purchase, and increased his directly held beneficial ownership reported on the form.
How do restricted stock units factor into Mark Seaton’s FAF holdings?
Seaton’s reported holdings include several tranches of unvested restricted stock units from different original grants, each vesting in equal annual installments starting on specific dates from 02/22/2023 through 06/20/2026. These RSUs, plus dividend reinvestment shares, contribute significantly to his beneficial ownership.
Is Mark Seaton’s FAF Form 4 transaction a purchase or equity grant?
The transaction is an equity grant, not an open-market purchase. The 17,460 shares were acquired at $0 per share as part of a performance-based stock award, following compensation committee certification, and are scheduled to vest on 02/16/2026 according to the disclosed vesting terms.