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First American Financial: partnership interests gifted

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Form Type
4

Rhea-AI Filing Summary

First American Financial Corp (FAF) director Parker S. Kennedy reported that Kennedy Enterprises, L.P. made separate gifts of limited partnership interests to eight individuals on November 10, 2026; each gift represented approximately a 0.0195% interest in the partnership. The partnership stated that the gifts did not involve any First American shares. Following the transaction, Kennedy Enterprises reported holding 2,165,546 First American shares, and Kennedy reported 254,033 shares held directly.

Insider KENNEDY PARKER S
Role Director
Type Security Shares Price Value
Gift Common Stock F1, F2 3,371 $0.00 $0.00
Holding Common Stock F3 -- -- --
Holdings After Transaction: Common Stock — 2,165,546 shares (Indirect, By Limited Partnership); Common Stock — 254,033 shares (Direct)
Holdings Before and After: Common Stock, 2,168,917 to 2,165,546 shares (Indirect, By Limited Partnership)
Footnotes (3)
  1. F1. Represents separate gifts of limited partnership interests in Kennedy Enterprises, L.P. to eight individuals. Each gift represents approximately a 0.0195% interest in Kennedy Enterprises. The transaction did not result in the acquisition or disposition of any First American shares by the partnership.
  2. F2. The reported securities are held by Kennedy Enterprises, L.P., a limited partnership of which the reporting person is the sole general partner. The reporting person and his wife are also limited partners of the partnership. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
  3. F3. Includes 2,481 unvested Restricted Stock Units ("RSUs") acquired pursuant to an original grant of 2,418 RSUs and shares acquired through automatic dividend reinvestment, vesting 2/19/2027, the first anniversary of the grant.
Partnership interest per gift Approximately 0.0195% Each of the separate gifts to eight individuals
Partnership shares reported after transaction 2,165,546 shares Shares held by Kennedy Enterprises, L.P. following the transaction
Direct shares reported after transaction 254,033 shares Parker S. Kennedy’s reported direct holdings
Unvested RSUs 2,481 RSUs Included in Kennedy’s direct holdings; scheduled to vest February 19, 2027
limited partnership interests technical
"separate gifts of limited partnership interests"
An ownership stake in a limited partnership gives an investor the role of a limited partner who provides capital but does not run day-to-day operations; a separate general partner manages the business. It matters because limited partners share profits, losses, and tax benefits but generally cannot lose more than they invested and have little control or liquidity—think of it like quietly funding a small business while someone else manages it, with potential return and risk tied to the venture’s performance.
Restricted Stock Units financial
"2,481 unvested Restricted Stock Units ("RSUs")"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Did FAF director Parker S. Kennedy sell First American shares?

No First American shares were disposed of by the partnership in this transaction. Kennedy Enterprises, L.P. made separate gifts of limited partnership interests to eight individuals, each representing approximately a 0.0195% interest in the partnership.

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

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SEC Form 4
FORM 4UNITED 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*
KENNEDY PARKER S

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock11/10/2026G3,371(1)D$02,165,546I(2)By Limited Partnership
Common Stock254,033(3)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents separate gifts of limited partnership interests in Kennedy Enterprises, L.P. to eight individuals. Each gift represents approximately a 0.0195% interest in Kennedy Enterprises. The transaction did not result in the acquisition or disposition of any First American shares by the partnership.
2. The reported securities are held by Kennedy Enterprises, L.P., a limited partnership of which the reporting person is the sole general partner. The reporting person and his wife are also limited partners of the partnership. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
3. Includes 2,481 unvested Restricted Stock Units ("RSUs") acquired pursuant to an original grant of 2,418 RSUs and shares acquired through automatic dividend reinvestment, vesting 2/19/2027, the first anniversary of the grant.
Remarks:
Exhibit List: Exhibit 24 Power of Attorney
/s/ Matthew I. Brodsky, Attorney-in-Fact for Parker S. Kennedy11/12/2026
** Signature of Reporting PersonDate
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)

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