Cornehl Lisa W 4
4 · First American Financial Corp · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
First American (FAF) SVP Lisa W. Cornehl Sells 5,823 Shares
What Happened Lisa W. Cornehl, SVP and Chief Legal Officer of First American Financial Corp (FAF), disposed of 5,823.468 shares in an open-market sale on May 5, 2026. The weighted-average price reported was $68.63 per share (range $68.61–$68.70), for total proceeds of approximately $399,647. This transaction was a sale (disposition), not a purchase.
Key Details
- Transaction date: 2026-05-05; Form 4 filed 2026-05-07 (timely under Form 4 rules).
- Transaction type/code: Open-market sale (S).
- Shares sold: 5,823.468; weighted-average price $68.63; per-share range $68.61–$68.70 (F1).
- Proceeds: ~$399,647.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Unvested RSUs noted in filing (aggregate ~22,065 unvested RSUs across multiple grants):
- F2: 2,437 unvested RSUs from an original grant of 6,734; vest in three equal annual increments beginning 2/22/2025.
- F3: 6,566 unvested RSUs from an original grant of 9,432; vest in three equal annual increments beginning 2/24/2026.
- F4: 886 unvested RSUs (includes dividend reinvestment) from an original grant of 865; vest in three equal annual increments beginning 6/20/2026.
- F5: 12,176 unvested RSUs from an original grant of 12,076; vest in three equal annual increments beginning 2/19/2027.
- Filing notes: Price is a weighted average and the reporting person can provide per-transaction prices upon request (F1). The filing excerpt does not identify a 10b5-1 trading plan or tax-withholding disposition.
Context This was a routine insider sale (a disposition). Filings disclose the mechanics and timing but not the insider’s motive; insider sales can reflect diversification or other personal reasons and do not by themselves indicate management’s view of the company.
Insider Transaction Report
Form 4
Cornehl Lisa W
SVP, Chief Legal Officer
Transactions
- Sale
Common Stock
[F1][F2][F3][F4][F5]2026-05-05$68.63/sh−5,823.468$399,647→ 29,635.492 total
Footnotes (5)
- [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.61 to $68.70, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F2]Includes 2,437 unvested Restricted Stock Units ("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 6,566 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 886 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 12,176 unvested RSUs acquired pursuant to an original grant of 12,076 RSUs and shares acquired through automatic dividend reinvestment, which vest 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|2026-05-07