[144] FIRST ADVANTAGE CORP SEC Filing
Form 144 filing for First Advantage Corp (FA) reports a proposed sale of 9,900 shares of common stock with an aggregate market value of $155,467.66. The shares were acquired on 09/16/2025 upon restricted stock vesting and the payment type is listed as compensation. The filer indicates no securities sold in the past three months. The proposed sale is scheduled for 09/17/2025 on NASDAQ. The filing includes the standard representation that the seller does not possess undisclosed material adverse information.
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Insights
TL;DR: Routine insider sale notice for vested restricted shares; compliance disclosure appears complete.
The filing documents a planned sale under Rule 144 of 9,900 common shares acquired by restricted stock vesting and designated as compensation. The seller reports no other sales in the prior three months and affirms absence of undisclosed material adverse information. From a compliance perspective, the filing contains the core elements required by Rule 144: acquisition date, nature of acquisition, amount, intended sale date and trading venue. There is no indication of materiality to the issuer given the small size relative to the total outstanding shares of 173,990,560.
TL;DR: Small, routine sale of vested shares unlikely to affect market or investor view.
The proposed transaction values at $155,467.66, representing a negligible fraction of the issuer's total outstanding shares. The shares were received as compensation on 09/16/2025 and slated for sale the following day on NASDAQ. No prior three-month dispositions are reported. For investors and market observers, this filing reads as a standard insider liquidity event rather than a signal of operational or financial change.