Cornehl Lisa W 4

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.