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FIRST ADVANTAGE (FA) CEO awarded large RSU and option grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FIRST ADVANTAGE CORP Chief Executive Officer Scott Staples reported equity awards consisting of restricted stock units and stock options. He acquired 274,776 restricted stock units and 405,680 stock options, each at a price of $0.00 per unit or option. The awards vest in equal annual installments on March 2, 2027, 2028, 2029, and 2030, conditioned on his continued full-time employment through each vesting date.

Positive

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Negative

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Insider Staples Scott
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 274,776 $0.00 --
Grant/Award Stock Options (Right to Buy) 405,680 $0.00 --
Holdings After Transaction: Restricted Stock Units — 274,776 shares (Direct); Stock Options (Right to Buy) — 405,680 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 full-time employment through such dates. The stock options will vest in equal annual installments on March 2, 2027, 2028, 2029, and 2030, subject to continued full-time employment 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*
Staples Scott

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
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 274,776 (2) (2) Common Stock 274,776 $0 274,776 D
Stock Options (Right to Buy) $11.76 03/02/2026 A 405,680 (3) 03/02/2036 Common Stock 405,680 $0 405,680 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 full-time employment through such dates.
3. The stock options will vest in equal annual installments on March 2, 2027, 2028, 2029, and 2030, subject to continued full-time employment 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 Scott Staples?

FIRST ADVANTAGE CORP reported that CEO Scott Staples received equity awards. He acquired 274,776 restricted stock units and 405,680 stock options, both at a price of $0.00, as part of his compensation, according to the Form 4 filing.

How many restricted stock units did the FA CEO receive in this Form 4?

The CEO of FIRST ADVANTAGE CORP, Scott Staples, received 274,776 restricted stock units. Each unit represents a contingent right to receive one share of common stock or cash, or a combination of both, under the company’s equity compensation arrangements.

What stock option grant was reported for FIRST ADVANTAGE CORP (FA) CEO Scott Staples?

Scott Staples was granted 405,680 stock options described as a right to buy FIRST ADVANTAGE CORP common stock. The options were awarded at a price of $0.00 per option, reflecting a compensatory grant rather than an open-market purchase.

What is the vesting schedule for the FA CEO’s restricted stock units?

The restricted stock units granted to FIRST ADVANTAGE CORP CEO Scott Staples vest in four equal annual installments. Vesting occurs on March 2, 2027, 2028, 2029, and 2030, provided he remains in full-time employment through each respective vesting date.

When do the stock options granted to FIRST ADVANTAGE CORP (FA) CEO vest?

The stock options granted to CEO Scott Staples vest in equal annual installments. They vest on March 2, 2027, 2028, 2029, and 2030, and each installment requires his continued full-time employment with FIRST ADVANTAGE CORP through the applicable vesting date.

Does the FA CEO’s Form 4 show stock purchases or compensation grants?

The Form 4 for FIRST ADVANTAGE CORP CEO Scott Staples shows compensation grants, not market purchases. It reports an acquisition of restricted stock units and stock options through grant or award, both coded as acquisition transactions rather than open-market buying.
First Advantage Corp

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