FIRST ADVANTAGE (FA) CEO awarded large RSU and option grants
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
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)
- 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.
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.