---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-076951"
form_type: "8-K/A"
ticker: "FAF"
cik: "0001472787"
company_name: "First American Financial Corp"
filed_at: "2025-05-23T23:59:59+00:00"
generated_at: "2026-05-20T13:52:05.133183+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# First American sets CEO Seaton base salary at $1M, CFO Wajner at $625K, plus incentive awards

## Summary
- CEO Mark Seaton base salary raised from $725K to $1M, annual cash/RSU bonus targets each increased to $1.8M.
- Seaton receives LTI RSUs and PRSUs each with grant-date value of $737,500; PRSUs tied to S&P MidCap 400 TSR over 2025-2027.
- CFO Matthew Wajner base salary raised from $370K to $625K, annual cash/RSU bonus targets each increased to $500K.
- Wajner gets LTI RSUs and PRSUs each valued at $192,500; employment agreement includes 2x severance and non-compete.
- Compensation actions effective as of April 10, 2025, approved by Committee on May 21, 2025.

## SEC filing metadata
- accession: 0000950170-25-076951
- form_type: 8-K/A
- ticker: FAF
- cik: 0001472787
- company_name: First American Financial Corp
- filed_at: 2025-05-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1472787/000095017025076951/0000950170-25-076951-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1472787/000095017025076951/faf-20250415.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-076951
- JSON: https://secwatch.observer/filing/0000950170-25-076951.json
- Plain text: https://secwatch.observer/filing/0000950170-25-076951.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.