MCKEE MICHAEL D 4
4 · First American Financial Corp · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
First American (FAF) Director Michael McKee Receives RSU Award
What Happened
Michael D. McKee, a director of First American Financial Corp (FAF), received an award of 2,418 restricted stock units (RSUs) on 2026-02-19. The award was recorded at $0.00 per share (typical for RSU grants) — no cash was paid. These RSUs are unvested and are scheduled to vest on 2027-02-19 (first anniversary of the grant).
Key Details
- Transaction type/date: Award/Grant (A) on 2026-02-19; Form 4 filed 2026-02-23 (timely — within the 2 business day Form 4 deadline). Accession: 0001193125-26-064718.
- Shares/grant: 2,418 RSUs granted at $0.00.
- Vesting: These RSUs vest 2027-02-19 (first anniversary).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes:
- F2 clarifies the 2,418 RSUs are unvested and vest 2/19/2027.
- F1 notes an earlier related position that includes 2,609 unvested RSUs (original grant of 2,522 RSUs plus shares from dividend reinvestment) vesting 2/24/2026.
Context
RSU grants are compensation awards that typically convert into shares only after vesting; they are not open-market purchases (so they are not an immediate bullish signal). Because these units are unvested, McKee cannot sell them until they vest (subject to company plan rules). This filing appears procedural and timely and documents director compensation rather than a market trade.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-19+2,418→ 56,063 total
Footnotes (2)
- [F1]Includes 2,609 unvested Restricted Stock Units ("RSUs") acquired pursuant to an original grant of 2,522 RSUs and shares acquired through automatic dividend reinvestment, vesting 2/24/2026, the first anniversary of the grant.
- [F2]Includes 2,418 unvested RSUs acquired pursuant to a grant vesting 2/19/2027, the first anniversary of the grant.