Cornehl Lisa W 4

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.