First American Financial Corp·4

Feb 23, 8:26 PM ET

Cornehl Lisa W 4

4 · First American Financial Corp · Filed Feb 23, 2026

Research Summary

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First American (FAF) SVP Lisa Cornehl Receives RSU Award

What Happened
Lisa W. Cornehl, Senior Vice President and Chief Legal Officer of First American Financial Corp (FAF), was granted 12,076 restricted stock units (RSUs) on February 19, 2026. The filing reports an acquisition price of $0 for this award (standard for RSU grants); the RSUs are unvested and will vest in three equal annual increments beginning on 2/19/2027. This is a compensation award rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-02-19; filing date: 2026-02-23 (filed within the Form 4 reporting window).
  • Principal transaction: Award/acquisition of 12,076 RSUs at $0.00 (code A).
  • Vesting for this grant: three equal annual installments starting 2/19/2027 (Footnote F5).
  • Shares owned after transaction: the filing does not state a single total, but lists unvested RSUs across grants including 12,076 from this grant (F5) and additional unvested RSUs from prior grants: 495 (F1), 4,815 (F2), 9,760 (F3), and 879 (F4).
  • Other footnotes: prior RSU grants include dividend reinvestment and staggered vesting schedules (see F1–F4).
  • No indication of a 10b5-1 plan, sale, exercise, gift, or tax-withholding disposition in this filing.

Context

  • RSU grants are a form of compensation that vest over time; they are not the same as an open-market purchase and do not directly signal immediate buying or selling intent.
  • Because these RSUs are unvested, Cornehl cannot sell them until they vest (subject to company plan rules).
  • Filing appears timely; no late-filing flag was reported.

Insider Transaction Report

Form 4
Period: 2026-02-19
Cornehl Lisa W
SVP, Chief Legal Officer
Transactions
  • Award

    Common Stock

    [F1][F2][F3][F4][F5]
    2026-02-19+12,07638,594.961 total
Footnotes (5)
  • [F1]Includes 495 unvested Restricted Stock Units ("RSUs") acquired pursuant to an original grant of 1,694 RSUs and shares acquired through automatic dividend reinvestment, which vest in four equal annual increments commencing 2/22/2023, the first anniversary of the grant.
  • [F2]Includes 4,815 unvested RSUs acquired pursuant to an original grant of 6,734 RSUs and shares acquired through automatic dividend reinvestment, which vest in three equal annual increments commencing 2/22/2025, the first anniversary of the grant.
  • [F3]Includes 9,760 unvested RSUs acquired pursuant to an original grant of 9,432 RSUs and shares acquired through automatic dividend reinvestment, which vest in three equal annual increments commencing 2/24/2026, the first anniversary of the grant.
  • [F4]Includes 879 unvested RSUs acquired pursuant to an orignal grant of 865 RSUs and shares acquired through automatic dividend reinvestment, which vest in three equal annual increments commencing 6/20/2026, the first anniversary of the grant.
  • [F5]Includes 12,076 unvested RSUs acquired pursuant to a grant vesting in three equal annual increments commencing 2/19/2027, the first anniversary of the grant.
Signature
/s/ Stacy S. Rust, attorney-in fact for Lisa W. Cornehl|2026-02-23

Documents

1 file
  • 4
    ownership.xmlPrimary

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