First Advantage Corporation filings document operating results, governance, compensation, and financing arrangements for a global HR technology software and data company. Form 8-K reports include quarterly and annual financial-result releases, guidance updates, cash-flow measures, share repurchase activity, and debt-related disclosures.
The company’s proxy materials cover governance and executive-compensation matters, including equity-award disclosures. Other material-event filings document board and committee changes, amendments to credit agreements involving First Advantage Holdings, LLC, and obligations tied to term loan and revolving credit facilities.
FIRST ADVANTAGE CORP Global Chief Operating Officer Douglas Nairne exercised equity awards and increased his common stock holdings. On May 11, 2026, he exercised derivative securities tied to restricted stock units, acquiring 715 shares of common stock. After this transaction, he directly holds 47,457 common shares.
The derivative side shows 715 restricted stock units converted, leaving 716 RSUs outstanding. Each RSU represents a contingent right to receive one share of common stock, settled in stock, cash, or a combination. The remaining RSUs vest in equal annual installments on May 11, 2025, May 11, 2026, and May 11, 2027, subject to continued service. This filing reflects routine equity compensation activity rather than an open-market purchase or sale.
First Advantage Corp Chief Legal Officer Bret T. Jardine reported a mix of stock option activity and a small share sale. On May 11, 2026, he exercised 976 restricted stock units, receiving the same number of common shares at a stated price of $0.00 per share.
Of these newly delivered shares, 294 shares were withheld to cover tax withholding obligations, and on May 12, 2026 he sold 682 shares of common stock in an open‑market transaction at $16.12 per share. The sale was made under a pre-arranged Rule 10b5-1 trading plan, and Jardine held 7,008 common shares directly after the transactions.
First Advantage Corp president Joelle M. Smith reported routine equity compensation activity involving restricted stock units (RSUs). On May 11, 2026, she exercised RSUs covering 24,905 shares of common stock at a conversion price of $0.00 per share, converting them into common stock.
In connection with this vesting, 6,974 common shares were withheld at $16.04 per share to cover tax withholding obligations, which is a non-market, tax-related disposition rather than an open-market sale. After these transactions, Smith directly holds 37,324 shares of First Advantage common stock. No derivative RSU position remains from this specific grant following the conversion.
FA filed a Rule 144 notice regarding the proposed sale of 682 shares of Common Stock that vested on 05/11/2026 as restricted stock issued for compensation. The filing also discloses prior sales of Common stock by Bret T. Jardine: 1,090 shares on 03/04/2026 and 600 shares on 03/05/2026.
First Advantage Corp president Joelle M. Smith sold 23,334 shares of common stock in an open-market transaction. The shares were sold on May 7, 2026 at a weighted average price of $15.0001 per share, with individual sale prices ranging from $15.00 to $15.01.
These sales were executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on December 9, 2025, indicating the trades were scheduled in advance. Following the transaction, Smith directly holds 19,393 shares of First Advantage common stock.
First Advantage Corporation reported stronger results for the three months ended March 31, 2026. Revenues rose to $385.2 million from $354.6 million, driven by growth from both existing and new customers, especially in the Americas and Sterling segments.
Income from operations increased to $33.5 million from $7.6 million, as product and technology and selling, general, and administrative expenses declined. Net income improved to $2.2 million, compared with a net loss of $41.2 million a year earlier, helped by lower interest expense.
The company generated $49.4 million in net cash from operating activities and used $19.5 million to repurchase about 1.73 million shares under a new $100 million authorization. Long-term debt under the First Lien Credit Facility was $2.06 billion, and cash and cash equivalents were $225.9 million at quarter end.
Filer submitted a Rule 144 notice regarding common stock tied to restricted stock vesting. The filing lists 23,334 shares in connection with restricted stock vesting events dated 05/11/2023 (5,276 shares) and 05/11/2024 (18,058 shares). The filing date shown is 05/07/2026.
First Advantage Corporation reported strong first quarter 2026 results, with revenues of $385.2 million, an 8.6% increase from $354.6 million a year earlier. Net income was $2.2 million, compared with a $41.2 million loss, reflecting a return to profitability.
Adjusted EBITDA rose to $105.3 million with a 27.3% margin, while Adjusted Net Income reached $45.1 million and Adjusted Diluted EPS was $0.26, up from $0.17. The company generated $49.4 million in operating cash flow, prepaid $50 million of debt across February and May, repurchased $19.5 million of shares, and reaffirmed its full year 2026 guidance ranges.
First Advantage Corp reports institutional ownership disclosure by FMR LLC. FMR LLC (and Abigail P. Johnson as an affiliate) beneficially owns 9,077,681.03 shares of First Advantage Corp common stock, representing 5.2% as reported on 03/31/2026.
The filing lists CUSIP 31846B108 and shows sole dispositive power of 9,077,681.03 shares. An exhibit reference is provided for an internal 13d-1(k) agreement and a power of attorney is attached.
FIRST ADVANTAGE CORP director Mark Gillett filed an initial ownership report on Form 3. The filing shows he holds 10,000 shares of the company’s common stock directly. This is a baseline disclosure of his equity position and does not report any recent share purchase or sale.