KENNEDY PARKER S 4

What Happened
Kennedy Parker S, a director of First American Financial Corp (FAF), made three open-market purchases totaling 59,841 shares for about $4,050,101. Transactions reported: 15,000 shares on 2026-02-13 at a weighted average price of $67.17 (≈ $1,007,595); 14,841 shares on 2026-02-17 at a weighted average price of $67.70 (≈ $1,004,759); and 30,000 shares on 2026-02-17 at a weighted average price of $67.92 (≈ $2,037,747). These were purchases (buying stock), which investors often view as a positive/accumulative action by an insider.

Key Details

• Transaction dates and amounts:
  • 2026-02-13 — 15,000 shares @ $67.17 (weighted avg) = $1,007,595. (Footnote F1: purchases in multiple trades at $66.69–$67.44.)
  • 2026-02-17 — 14,841 shares @ $67.70 (weighted avg) = $1,004,759. (F2: purchases ranged $67.48–$67.83.)
  • 2026-02-17 — 30,000 shares @ $67.92 (weighted avg) = $2,037,747. (F3: purchases ranged $67.705–$68.020.)
• Shares owned after the transactions: not specified in the provided excerpt of the Form 4.
• Other notable footnotes:
  • F4 notes inclusion of 2,609 unvested RSUs (from an original grant of 2,522 RSUs plus dividend reinvestment) vesting 2/24/2026.
  • F5 indicates some reported securities are held by Kennedy Enterprises, L.P., of which the reporting person is the sole general partner; the filer disclaims beneficial ownership except to the extent of pecuniary interest.
• Filing/timeliness: Form 4 was filed on 2026-02-18; given the trades on Feb 13 and Feb 17, the filing is within the customary two business-day reporting window and was not marked late.

Context
These were straightforward open-market purchases (transaction code P). No options were exercised, no gifts or sales reported in this filing. Purchases by directors are factual signals of insider accumulation but do not prove future company performance; retail investors should consider this alongside other fundamentals and news.