First American CEO Receives 12,763 Share Grant, Holds Over 173K Shares
First American Financial (FAF) Chief Executive Officer Mark Edward Seaton reported the acquisition of 12,763 Restricted Stock Units (RSUs) on June 20, 2025, awarded at $0 cost.
Rhea-AI Filing Summary
First American Financial (FAF) Chief Executive Officer Mark Edward Seaton reported the acquisition of 12,763 Restricted Stock Units (RSUs) on June 20, 2025, awarded at $0 cost. Following this transaction, Seaton's total beneficial ownership stands at 173,336.286 shares.
The new RSU grant will vest in three equal annual increments starting June 20, 2026. Seaton's current holdings include multiple RSU awards with different vesting schedules:
- 15,063 unvested RSUs from a 21,414 unit grant, vesting from 2/22/2025
- 29,110 unvested RSUs from a 28,606 unit grant, vesting from 2/24/2026
- 5,291 unvested RSUs from an 18,633 unit grant, vesting from 2/22/2023
- 7,517 unvested RSUs from a 20,612 unit grant, vesting from 2/16/2024
Additional holdings include shares acquired through dividend reinvestment (694.767 shares) and the Employee Stock Purchase Plan (403.939 shares).
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,763 | $0.00 | $0.00 |
Footnotes (7)
- F1. Includes 15,063 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.
- F2. Includes 29,110 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.
- F3. Includes 12,763 unvested RSUs acquired pursuant to a grant vesting in three equal annual increments commencing 6/20/2026, the first anniversary of the grant.
- F4. Includes 5,291 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.
- F5. Includes 7,517 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.
- F6. Includes 694.767 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.
- F7. Includes 403.939 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.
FAQ
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What are the vesting schedules for Mark Seaton's FAF RSU grants?
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