First American Financial Corp·4

Feb 5, 6:34 PM ET

Seaton Mark Edward 4

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First American (FAF) CEO Mark Seaton Receives Stock Award

What Happened Mark Edward Seaton, CEO of First American Financial Corp (FAF), was reported as acquiring 17,460 shares via an award (Form 4 filing). The transaction is recorded at $0.00 per share (no cash purchase). Per the filing, the Compensation Committee certified performance on February 4, 2026, triggering the award; the RSUs are scheduled to vest on February 16, 2026.

Key Details

  • Transaction date: February 4, 2026; Form 4 filed February 5, 2026 (timely filing).
  • Type: Award/Acquisition (code A) — 17,460 restricted stock units (RSUs) at $0.00.
  • Footnote F6: These 17,460 RSUs reflect converted/credited shares from an original grant of 11,467 Performance Stock Units plus dividend reinvestment; performance was certified 2/4/2026 and vesting is set for 2/16/2026 (third anniversary of the grant).
  • Other footnotes (F1–F5, F7) show additional unvested RSU grants from prior awards and ~688.551 shares acquired via dividend reinvestment; the excerpt does not state total shares owned after this transaction—see the full Form 4 for complete ownership totals.
  • Filing timeliness: filed one day after the transaction date, within the typical two-business-day Form 4 deadline.

Context RSUs/PSUs are compensation awards, not open-market purchases; the $0.00 price reflects that no cash was paid by the insider. Performance certification means predetermined goals were met, allowing the award to be granted/settled subject to the vesting date. Such awards increase insider ownership if and when they vest, but they differ from voluntary purchases (which some investors view as a stronger bullish signal).