STOCK TITAN

First Advantage (FA) president receives new RSU and stock option grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Smith Joelle M

(Last) (First) (Middle)
C/O FIRST ADVANTAGE CORPORATION
1 CONCOURSE PARKWAY NE, SUITE 200

(Street)
ATLANTA GA 30328

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FIRST ADVANTAGE CORP [ FA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/02/2026 A 164,866 (2) (2) Common Stock 164,866 $0 164,866 D
Stock Options (Right to Buy) $11.76 03/02/2026 A 243,408 (3) 03/02/2036 Common Stock 243,408 $0 243,408 D
Explanation of Responses:
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).
2. The RSUs will vest in equal annual installments on March 2, 2027, 2028, 2029, and 2030, subject to continued service through such dates.
3. The stock options will vest in equal annual installments on March 2, 2027, 2028, 2029, and 2030, subject to continued service through such dates.
/s/ Bret T. Jardine, Attorney-in-Fact 03/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

Do the FA restricted stock units settle only in shares or also in cash?

Each restricted stock unit represents a right to one share but may be settled in common stock, cash, or a combination. The settlement form is flexible, while each unit’s value is tied to one share of FIRST ADVANTAGE CORP common stock.

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.