Adams Steven A 4
4 · First American Financial Corp · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
First American (FAF) VP Steven A. Adams Receives RSU Award
What Happened
- Steven A. Adams, Vice President and Chief Accounting Officer of First American Financial Corp. (FAF), received an award of 3,351 restricted stock units (RSUs) on 2026-02-19. The grant is reported as an acquisition (transaction code A) at $0.00 per share (no cash exchanged).
- The RSUs vest in three equal annual installments beginning on 2/19/2027. As an award (compensation), this is not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-02-19; 3,351 RSUs; $0.00 per share (total reported value $0).
- Vesting: three equal annual increments commencing 2/19/2027 (first anniversary).
- Footnotes in the filing show other unvested RSUs for Adams: F1 = 549 unvested RSUs (from an original 1,889 grant), F2 = 1,758 unvested RSUs (from an original 2,456 grant), F3 = 3,207 unvested RSUs (from an original 3,103 grant and dividend reinvestment), and F4 = the 3,351 unvested RSUs from this grant. Together these footnotes indicate 8,865 unvested RSUs across grants.
- Shares owned after the transaction are not explicitly reported in the provided filing summary; the footnotes enumerate unvested RSUs as noted above.
- Filing: Reported on 2026-02-23 for a 2026-02-19 transaction; this appears to be filed within the required two business days.
Context
- RSUs convert to ordinary shares only as they vest; recipients do not receive tradable shares or proceeds at grant. Such awards are standard long-term compensation and do not, by themselves, indicate insider buying or selling intent.
Insider Transaction Report
Form 4
Adams Steven A
VP & Chief Accounting Officer
Transactions
- Award
Common Stock
[F1][F2][F3][F4]2026-02-19+3,351→ 13,996.893 total
Footnotes (4)
- [F1]Includes 549 unvested Restricted Stock Units ("RSUs") acquired pursuant to an original grant of 1,889 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 1,758 unvested RSUs acquired pursuant to an original grant of 2,456 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 3,207 unvested RSUs acquired pursuant to an original grant of 3,103 RSUs and shares acquired thorugh automatic dividend reinvestment, vesting in three equal annual increments commencing 2/24/2026, the first anniversary of the grant.
- [F4]Includes 3,351 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 Steven A. Adams|2026-02-23