Wajner Matthew F. 4

What Happened
Matthew F. Wajner, Chief Financial Officer of First American Financial Corp (FAF), was awarded 2,735 restricted stock units (RSUs) reported on 2026-02-04 (Form 4 filed 2026-02-05). The transaction is recorded as an award/acquisition at $0.00 (no cash exchanged). Footnote F6 states these RSUs were granted following Compensation Committee certification of performance and 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 next day).
• Reported transaction type/code: A (Award/Grant); amount: 2,735 shares; price: $0.00; total reported value: $0.
• Vesting: per F6, the 2,735 RSUs are unvested and will vest on 2026-02-16.
• Other footnotes (F1–F5) list additional unvested RSUs/awards from prior grants included in the filing’s ownership disclosures.
• Shares owned after the transaction: not specified in the provided summary of the filing.

Context
This was not a market purchase or sale but a performance-based equity award (conversion/certification of performance stock units to RSUs). Such awards are compensation and do not indicate an immediate buy/sell decision; value will be realized if and when the RSUs vest and shares are delivered.