GILMORE DENNIS J 4
4 · First American Financial Corp · Filed Jun 24, 2026
Research Summary
AI-generated summary of this filing
First American (FAF) Director Dennis Gilmore Receives Award of 14,570 RSUs
What Happened
Dennis J. Gilmore, a director of First American Financial Corp (FAF), received a grant of 14,570 restricted stock units (RSUs) on 2026-06-22. The grant was reported on a Form 4 filed 2026-06-24. The reported acquisition price is $0.00 (typical for RSU awards); the grant is an award/compensation transaction (transaction code A).
Key Details
- Transaction date: 2026-06-22; Filing date: 2026-06-24 (filed within the usual 2-business-day Form 4 window — timely).
- Grant: 14,570 RSUs; reported price $0.00 (no cash paid).
- Vesting for the 14,570 RSUs: vests in two equal annual increments beginning 6/22/2027 (first anniversary), with the remainder vesting one year later.
- Footnote F1: filing also references 2,458 unvested RSUs (from an earlier grant of 2,418 plus dividend reinvestment) that vest 2/19/2027.
- Footnote F3: describes other shares in the account from company match, purchases, and dividend reinvestment (details on total shares owned after the transaction were not provided in the excerpt).
- Transaction type: Award/Grant (A); not a market purchase or sale.
Context
RSU grants are a form of compensation and do not require an immediate cash outlay; they only convert into shares if and when they vest. Such awards are routine for directors and executives and do not by themselves indicate buying or selling sentiment. The filing appears timely and purely reports compensation-related awards rather than open-market trades.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-06-22+14,570→ 477,031 total
- 2,343.023(indirect: By Trust)
Common Stock
[F3]
Footnotes (3)
- [F1]Includes 2,458 unvested Restricted Stock Units ("RSUs") acquired pursuant to an original grant of 2,418 RSUs and shares aquired through automatic dividend reinvestment, vesting 2/19/2027, the first anniversary of the grant.
- [F2]Includes 14,570 unvested RSUs acquired pursuant to a grant vesting in two equal annual increments commencing 6/22/2027, the first anniversary of the grant.
- [F3]Amount shown consists of shares contributed by issuer as company match, shares purchased for the reporting person's account and shares acquired through automatic reinvestment of dividends paid as reported in most recent account statement in transactions exempt under rules 16a-3(f)(1)(i)(B) and 16b-3(c).