secwatch.observer — SEC 8-K summary
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Issuer:     First American Financial Corp (FAF)
CIK:        0001472787
Form:       8-K
Filed at:   2022-05-13T23:59:59+00:00
Accession:  0001564590-22-020134
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1472787/000156459022020134/0001564590-22-020134-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1472787/000156459022020134/faf-8k_20220510.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-020134

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