First American Financial Corp·4

Feb 23, 8:21 PM ET

Wajner Matthew F. 4

Research Summary

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First American (FAF) CFO Matthew Wajner Receives 16,210 RSU Award

What Happened

  • Matthew F. Wajner, Chief Financial Officer of First American Financial Corp (FAF), received a grant of 16,210 restricted stock units (RSUs) on February 19, 2026. The award was recorded at $0.00 (typical for RSU grants — no cash purchase).
  • The new grant vests in three equal annual installments commencing on February 19, 2027 (first anniversary).

Key Details

  • Transaction date: 2026-02-19; filing date: 2026-02-23 (filed within the SEC’s required window).
  • Price/consideration: $0.00 (RSU award, not an open-market purchase).
  • New award vesting: 16,210 RSUs vest in three equal annual increments starting 2/19/2027 (see footnote F5).
  • Total unvested RSUs disclosed across footnotes: 25,941 RSUs (sum of footnoted unvested amounts: F1 506; F2 2,099; F3 3,739; F4 3,387; F5 16,210). These represent multiple prior and current grants with varying vesting schedules.
  • Other footnote highlights: previous grants vest on various schedules (commencing 2/22/2023, 2/22/2025, 2/24/2026, 6/20/2026).
  • Filing timeliness: This Form 4 was filed within the customary SEC window for reporting (not flagged late).

Context

  • RSUs are compensation that convert into shares only as they vest; they are not an immediate purchase or sale. This is a routine equity compensation event rather than an indicator of a buy/sell market signal.