First Advantage (FA) president receives new RSU and stock option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smith Joelle M reported acquisition or exercise transactions in this Form 4 filing.
FIRST ADVANTAGE CORP reported new equity awards to President Joelle M. Smith. On March 2, 2026, she received 164,866 restricted stock units and 243,408 stock options. Each RSU represents a right to one share and may be settled in stock, cash, or a combination.
The RSUs and options vest in equal annual installments on March 2 of 2027, 2028, 2029, and 2030, conditioned on continued service through each vesting date. These awards increase her direct derivative holdings and are structured as long-term, time-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Smith Joelle M
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 164,866 | $0.00 | -- |
| Grant/Award | Stock Options (Right to Buy) | 243,408 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 164,866 shares (Direct);
Stock Options (Right to Buy) — 243,408 shares (Direct)
Footnotes (1)
- Each restricted stock unit (RSU) represents a contingent right to receive one share of common stock. The RSUs will be settled in either common stock or cash (or a combination thereof). The RSUs will vest in equal annual installments on March 2, 2027, 2028, 2029, and 2030, subject to continued service through such dates. The stock options will vest in equal annual installments on March 2, 2027, 2028, 2029, and 2030, subject to continued service through such dates.
FAQ
What insider transactions did FIRST ADVANTAGE CORP (FA) report for Joelle M. Smith?
FIRST ADVANTAGE CORP reported equity awards to President Joelle M. Smith. She received 164,866 restricted stock units and 243,408 stock options on March 2, 2026, as part of her compensation, expanding her derivative interest in the company’s common stock.
How many restricted stock units did the FA president receive in this Form 4?
Joelle M. Smith received 164,866 restricted stock units. Each RSU represents a contingent right to one share of FIRST ADVANTAGE CORP common stock, to be settled in stock, cash, or a mix, subject to the vesting schedule and continued service conditions.
What stock option grant was reported for FA President Joelle M. Smith?
She was granted 243,408 stock options described as a right to buy common stock. These options vest in equal annual installments over four years beginning March 2, 2027, assuming she continues serving through each scheduled vesting date.
What is the vesting schedule for the FA restricted stock units and options?
Both the RSUs and stock options vest in equal annual installments on March 2, 2027, 2028, 2029, and 2030. Vesting is contingent on Joelle M. Smith’s continued service with FIRST ADVANTAGE CORP through each of those vesting dates.
Are these FA insider grants open-market purchases or compensation awards?
These reported transactions are compensation-related grants, not open-market purchases. The Form 4 identifies them under code “A” as grants or awards, with zero purchase price and vesting over time based on continued service with FIRST ADVANTAGE CORP.