Cornehl Lisa W 4
4 · First American Financial Corp · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
First American (FAF) SVP Lisa Cornehl Sells 3,722 Shares
What Happened Lisa W. Cornehl, Senior Vice President and Chief Legal Officer of First American Financial Corp (FAF), had 3,722 shares disposed (withheld) on 2026-02-17 at $67.22 per share, a total value of approximately $250,193. The Form 4 filed 2026-02-19 shows the disposition code F, indicating the shares were withheld to satisfy tax liabilities tied to equity awards (restricted stock units).
Key Details
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (timely filing).
- Price and amount: 3,722 shares × $67.22 = $250,193 (disposition via tax withholding, code F).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote F1: Payment of tax liability by withholding securities incident to RSU vesting.
- Other footnotes (F2–F5): Detail unvested RSU balances from multiple grants (examples include 495, 4,815, 9,760 and 879 unvested RSUs per the filing), reflecting outstanding restricted stock unit grants and dividend reinvestment adjustments.
Context This was not an open-market sale but a routine tax-withholding event tied to RSU vesting, which is standard when restricted shares vest. Such withholding transactions generally do not signal a change in the insider’s market view.
Insider Transaction Report
Form 4
Cornehl Lisa W
SVP, Chief Legal Officer
Transactions
- Tax Payment
Common Stock
[F1][F2][F3][F4][F5]2026-02-17$67.22/sh−3,722$250,193→ 26,518.961 total
Footnotes (5)
- [F1]Payment of tax liability by withholding securities incident to the vesting of restricted stock units.
- [F2]Includes 495 unvested Restricted Stock Units ("RSUs") acquired pursuant to an original grant of 1,694 RSUs and shares acquired through automatic dividend reinvestment, which vest in four equal annual increments commencing 2/22/2023, the first anniversary of the grant.
- [F3]Includes 4,815 unvested RSUs acquired pursuant to an original grant of 6,734 RSUs and shares acquired through automatic dividend reinvestment, which vest in three equal annual increments commencing 2/22/2025, the first anniversary of the grant.
- [F4]Includes 9,760 unvested RSUs acquired pursuant to an original grant of 9,432 RSUs and shares acquired through automatic dividend reinvestment, which vest in three equal annual increments commencing 2/24/2026, the first anniversary of the grant.
- [F5]Includes 879 unvested RSUs acquired pursuant to an orignal grant of 865 RSUs and shares acquired through automatic dividend reinvestment, which vest in three equal annual increments commencing 6/20/2026, the first anniversary of the grant.
Signature
/s/ Stacy S. Rust, attorney-in fact for Lisa W. Cornehl|2026-02-19