Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 10, 2022, First American Financial Corporation (the "Company") filed a Current Report on Form 8-K announcing the promotion of Kenneth D. DeGiorgio to chief executive officer on February 4, 2022. At that time, there were no changes to his compensation.

On March 8, 2022, the Company's Compensation Committee increased his base salary from $825,000 to $925,000 per year (effective as of February 4, 2022), increased his full-year 2022 annual incentive plan cash bonus target from $875,000 to $1,750,000 and increased his full-year 2022 annual incentive plan bonus restricted stock unit target from $875,000 to $1,750,000.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.



Exhibit
Number                                    Description
104       Cover Page Interactive Data File (embedded within the Inline XBRL document)



  2

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses