First American (FAF) VP & CAO Steven A. Adams Sells 3,252 Shares

What Happened
Steven A. Adams, Vice President and Chief Accounting Officer of First American Financial Corp (FAF), sold 3,252.597 shares in open-market transactions on July 24, 2026 for a reported total of $243,924. The filing also reports a de minimis sale of 0.001 shares for $0. The reported sale price is a weighted average.

Key Details

• Transaction type: Open-market sale (Code S).
• Date of transaction: 2026-07-24; Form 4 filed 2026-07-28 (timely filing).
• Reported price/values: weighted average ~$74.99 per share for the 3,252.597-share block (total $243,924). Footnote states individual sale prices ranged from $74.9901 to $75.055; the 0.001-share sale was at $75.43.
• Shares owned after transaction: not specified in the excerpt — see the full Form 4 for total beneficial ownership.
• Notable footnotes from the filing:
  • F1: Price is a weighted average; reporting person will provide details on the number of shares sold at each price upon request.
  • F2–F4: The reporting person holds several unvested RSU grants (903; 2,180; 3,405 unvested RSUs from different grants) that vest in scheduled annual increments starting in 2025–2027.
  • F5–F6: Since the last Section 16 filing, the reporting person acquired 114.851 shares via dividend reinvestment and 162.786 shares via the Employee Stock Purchase Plan. Fractional shares may vary slightly due to rounding.

Context

• This was a sale (often routine or for diversification/tax purposes); the filing does not state a 10b5-1 plan or other directive, nor does it indicate an option exercise or gift.
• Sales do not necessarily signal management view of company prospects; purchases generally carry more informational weight for investors.
• For full holdings, vesting schedules, and any price-by-price breakdown of the trades, consult the complete Form 4 filing (Accession No. 0001193125-26-321599).