Seaton Mark Edward 4
4 · First American Financial Corp · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
First American (FAF) CEO Mark Seaton Receives RSU Award
What Happened
Mark Edward Seaton, CEO of First American Financial Corp (FAF), received a grant of 65,084 restricted stock units (RSUs) on February 19, 2026 (transaction code A). The award was issued at $0.00 per share (no cash paid). These RSUs are unvested and the grant vests in three equal annual installments beginning February 19, 2027 (see footnote F5).
Key Details
- Transaction date and price: 2026-02-19; grant price $0.00 (award of RSUs).
- Amount: 65,084 RSUs granted (unvested). Total cash consideration reported: $0.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes:
- F5: The 65,084 RSUs are unvested and vest in three equal annual increments commencing 2/19/2027.
- F1–F4: The filing also discloses other unvested RSU schedules from prior grants and shares from dividend reinvestment (F1: 5,380; F2: 15,319; F3: 29,607; F4: 12,981 — each tied to earlier grants and staggered vesting dates).
- Filing timeliness: Form filed 2026-02-23 for a 2026-02-19 transaction; this filing date is within the SEC’s two-business-day reporting window (timely).
Context
RSUs are a form of equity compensation that convert to shares if and when they vest; they are not an open-market purchase or sale and do not immediately change the insider’s cash position. Grants like this are common for executive compensation and should be viewed as part of pay structure rather than a direct buy/sell signal.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3][F4][F5]2026-02-19+65,084→ 244,097.837 total
Footnotes (5)
- [F1]Includes 5,380 unvested Restricted Stock Units ("RSUs") acquired pursuant to an original grant of 18,633 RSUs and shares acquired through automatic dividend reinvestment, vesting in four equal annual increments commencing 2/22/2023, the first anniversary of the grant.
- [F2]Includes 15,319 unvested RSUs acquired pursuant to an original grant of 21,414 RSUs and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 2/22/2025, the first anniversary of the grant.
- [F3]Includes 29,607 unvested RSUs acquired pursuant to an original grant of 28,606 RSUs and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 2/24/2026, the first anniversary of the grant.
- [F4]Includes 12,981 unvested RSUs acquired pursuant to an original grant of 12,763 RSUs and shares acquired through automatic dividend reinvestment, vesting in three equal annual increments commencing 6/20/2026, the first anniversary of the grant.
- [F5]Includes 65,084 unvested RSUs acquired pursuant to a grant vesting in three equal annual increments commencing 2/19/2027, the first anniversary of the grant.