DAILEY JEFFREY J 4

What Happened

• Jeffrey J. Dailey, a director of First American Financial Corp (FAF), received an award/grant of 2,418 restricted stock units (RSUs) on 2026-02-19. The RSUs were recorded at $0.00 per share (no cash paid) and are unvested at grant.
• This is a compensation grant (code A), not an open-market purchase or sale — awards are part of pay and do not necessarily signal a buy/sell decision by the insider.

Key Details

• Transaction date and price: 2026-02-19; 2,418 RSUs @ $0.00 (acquired).
• Vesting: Footnote F2 — the 2,418 RSUs vest on 2027-02-19 (first anniversary of the grant). Footnote F1 notes an additional 406 unvested RSUs from a separate grant that vest on 2026-12-22.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: Form filed 2026-02-23 for a 2026-02-19 grant — appears to be filed on the standard SEC schedule (timely).

Context

• RSU grants are common director/executive compensation and are typically subject to time-based vesting; they are not immediate cash or sale transactions. These RSUs will convert to shares only as they vest per the stated schedule.
• Because this is an award, it should be interpreted as compensation rather than a direct bullish/pessimistic trading signal.