FAF.NYSEFirst American Financial CORP

Form 4: First American Financial Corp Executive Lisa W. Cornehl Sells Shares

Sentiment:

SEC Form 4 Filing

📋All filings for First American Financial CORP
🔒Login to Follow

Lisa W. Cornehl, SVP and Chief Legal Officer of First American Financial Corp, sold 3,057 shares of common stock at an average price of $65.4942 on February 25, 2025.

Summary

  • On February 25, 2025, Lisa W. Cornehl, the SVP and Chief Legal Officer of First American Financial Corp, sold 3,057 shares of the company's common stock.
  • The shares were sold at a weighted average price of $65.4942.
  • The sale was executed at prices ranging from $65.48 to $65.50.
  • Following the transaction, Cornehl still beneficially owns 23,824.96 shares, including unvested Restricted Stock Units (RSUs).

Sentiment

Score: 5

Explanation: The document is a standard Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares by an executive.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects.

Stakeholder Impact

  • The sale of shares by an executive could have a minor, short-term impact on shareholder sentiment.

Key Dates

DateDescription
02/22/2023Commencement of vesting for an original grant of 1,694 RSUs in four equal annual increments.
02/16/2024Commencement of vesting for an original grant of 4,512 RSUs in three equal annual increments.
02/25/2025Date of the stock sale transaction.
02/22/2025Commencement of vesting for an original grant of 6,734 RSUs in three equal annual increments.
02/24/2026Commencement of vesting for an original grant of 9,432 RSUs in three equal annual increments.
02/27/2025Date of the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.