Wajner Matthew F. 4

What Happened

• Matthew F. Wajner, Chief Financial Officer of First American Financial Corp (FAF), disposed of 2,174 shares on 2026-02-17 at $67.22 per share, totaling $146,136.
• The reported disposition was to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs), not an open-market sale for investment purposes.

Key Details

• Transaction date: 2026-02-17; Filing date: 2026-02-19 (Form 4) — filed within the usual two-business-day window.
• Price and amount: 2,174 shares at $67.22 each; total value $146,136.
• Transaction code: F — payment of tax liability by withholding securities incident to RSU vesting.
• Shares owned after the transaction: not specified in the provided details; the filing includes several unvested RSU amounts in footnotes (see below).
• Relevant footnotes:
  • F1: Confirms withholding to pay tax liability on RSU vesting.
  • F2–F5: Detail multiple unvested RSU grants and vesting schedules (counts and annual vesting start dates).

Context

• This was a routine tax-withholding disposition tied to RSU vesting and generally does not signal a change in the insider’s investment view. It differs from an open-market sale (which could be interpreted as a liquidity or sentiment action).
• For retail investors: such withholding transactions are common when equity awards vest; focus more on open-market purchases or large discretionary sales when assessing insider sentiment.