DOTI JAMES L 4

What Happened
James L. Doti, a director of First American Financial Corp (FAF), was granted 2,418 restricted stock units (RSUs) on 2026-02-19. The grant is recorded at $0.00 (a compensation award rather than a purchase), and the RSUs are unvested — footnotes state this grant vests on 02/19/2027 (the first anniversary). The Form 4 was filed on 2026-02-23 covering the 2/19/2026 transaction.

Key Details

• Transaction type/code: Award/Grant (A) of 2,418 shares; reported acquisition price $0.00.
• Transaction date: 2026-02-19; Form 4 filed: 2026-02-23. Filing appears timely (within SEC’s 2-business-day window).
• Vesting: These 2,418 RSUs vest on 02/19/2027 (first anniversary of the grant) per footnote.
• Other related grants: Footnote indicates an earlier original grant (2,522 RSUs, plus dividend-reinvested shares bringing that balance to 2,609) vesting 02/24/2026.
• Deferral: Footnotes note the reporting person has deferred receipt of certain shares underlying vested RSUs and related dividend-reinvested shares.
• Shares owned after transaction: Not specified in the excerpted filing.

Context
RSU grants are common compensation for directors and executives and do not represent an open‑market purchase or sale. Because these units are unvested, they don’t provide immediately tradable shares until vesting (and some vested shares appear to be deferred). This award is informational about insider compensation, not a direct bullish or bearish market signal.