---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-020134"
form_type: "8-K"
ticker: "FAF"
cik: "0001472787"
company_name: "First American Financial Corp"
filed_at: "2022-05-13T23:59:59+00:00"
generated_at: "2026-06-25T16:37:36.163993+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# First American Appoints Marsha Spence to Board; She Held ~22% Stake in Acquired Mother Lode

## Summary
- Marsha Spence, former CEO/chair of Mother Lode, appointed to board as Class I director effective May 11, 2022.
- Spence held ~22% economic interest in the $300M Mother Lode acquisition completed May 2, 2022, and serves as shareholder representative.
- Spence's employment agreement with Mother Lode includes $210K base salary and bonus; term expires May 2, 2023.
- Annual meeting results: all three Class III directors elected, say-on-pay approved, ESPP amendment approved, PwC ratified as auditor.

## SEC filing metadata
- accession: 0001564590-22-020134
- form_type: 8-K
- ticker: FAF
- cik: 0001472787
- company_name: First American Financial Corp
- filed_at: 2022-05-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1472787/000156459022020134/0001564590-22-020134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1472787/000156459022020134/faf-8k_20220510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-020134
- JSON: https://secwatch.observer/filing/0001564590-22-020134.json
- Plain text: https://secwatch.observer/filing/0001564590-22-020134.txt

## Key facts
- Executive change
  Marsha A. Spence was appointed as Class I director at First American Financial Corp.
  - Action: appointed
  - Role: Class I director
  source text: Effective May 11, 2022, Marsha A. Spence was appointed to the Board of Directors of First American Financial Corporation (the “Company”) as a Class I director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1472787/000156459022020134/0001564590-22-020134-index.htm

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