secwatch.observer — SEC 8-K summary
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Issuer:     First American Financial Corp (FAF)
CIK:        0001472787
Form:       8-K/A
Filed at:   2022-03-14T23:59:59+00:00
Accession:  0001564590-22-010090
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FAF raises CEO DeGiorgio's base salary to $925k, doubles bonus targets for 2022
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- Base salary increased from $825,000 to $925,000 per year, effective February 4, 2022.
- Full-year 2022 annual incentive cash bonus target raised from $875,000 to $1,750,000.
- Full-year 2022 annual incentive restricted stock unit target raised from $875,000 to $1,750,000.
- Compensation Committee approved changes on March 8, 2022, following his promotion to CEO on Feb 4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1472787/000156459022010090/0001564590-22-010090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1472787/000156459022010090/faf-8ka_20220204.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-010090

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