Cornehl Lisa W 4

What Happened

• Lisa W. Cornehl, Senior Vice President and Chief Legal Officer of First American Financial Corp (FAF), was granted 4,982 restricted stock units (RSUs) on 2026-02-04. The reported acquisition price is $0 (award). The Compensation Committee certified performance on February 4, 2026, converting Performance Stock Units into these RSUs, which will vest on 2026-02-16 (the third anniversary of the original grant).

Key Details

• Transaction date: 2026-02-04 (Form 4 filed 2026-02-05; timely filing).
• Transaction type/code: Award/Grant (A); reported acquisition of 4,982 RSUs at $0.00.
• Vesting / conditions: Footnote F6 — these 4,982 unvested RSUs were issued pursuant to an original grant of 3,276 Performance Stock Units (plus dividend reinvestment) and will vest on 2/16/2026 after performance certification.
• Shares owned after transaction: The filing excerpt provided does not state total shares beneficially owned after this grant; it documents the addition of 4,982 unvested RSUs.
• Other notes in the filing: Multiple footnotes (F1–F5) list other unvested RSU grants and vesting schedules for the insider; none indicate a sale or open-market purchase in this filing.

Context

• These RSUs are compensation-based awards tied to prior performance metrics and scheduled vesting; they are not an open‑market purchase (which would be a direct bullish signal) nor an immediate cash realization. Performance certification converted PSUs into RSUs that will vest on the specified future date.