Cornehl Lisa W 4

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.