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First Advantage (FA) CLO trades shares, RSUs vest under 10b5-1 plan

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

Rhea-AI Filing Summary

FIRST ADVANTAGE CORP Chief Legal Officer Bret T. Jardine reported a mix of stock sales and equity award activity. On March 4 and 5, 2026, he sold 600 and 1,090 shares of common stock in open-market transactions at prices of $12.09 and $12.32 per share, respectively, under a Rule 10b5-1 trading plan adopted on August 8, 2025. These moves were paired with the conversion of 929 restricted stock units into common stock and a related disposition of 329 shares to cover tax withholding. Following the transactions, Jardine directly owned 7,008 shares of common stock and 1,857 restricted stock units originally granted on March 4, 2024, which vest in four equal installments beginning March 4, 2025, subject to continued service.

Positive

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Negative

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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).
X
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*
Jardine Bret T

(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)
Chief Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
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
Common Stock 03/04/2026 S(1) 1,090 D $12.32 7,008 D
Common Stock 03/04/2026 M 929 A (2) 7,937 D
Common Stock 03/04/2026 F(3) 329 D $12.22 7,608 D
Common Stock 03/05/2026 S(1) 600 D $12.09 7,008 D
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 (2) 03/04/2026 M 929 (4) (4) Common Stock 929 $0 1,857 D
Explanation of Responses:
1. Shares were sold pursuant to a Rule 10b5-1 trading plan that was adopted by the reporting person on August 8, 2025.
2. 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).
3. Represents shares withheld in connection with the vesting of RSUs to cover tax withholding obligations.
4. Represents RSUs originally granted on March 4, 2024, which vest in four equal installments, beginning on March 4, 2025, subject to continued service through such dates.
/s/ Bret T. Jardine 03/06/2026
** 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 FA Chief Legal Officer Bret Jardine report?

Bret Jardine reported open-market sales of common stock, exercises of equity awards, and tax-related share dispositions. The activity combined sales of existing shares with the conversion and vesting of restricted stock units tied to his compensation at FIRST ADVANTAGE CORP.

How many First Advantage (FA) shares did Bret Jardine sell in this Form 4?

Bret Jardine sold 600 shares of common stock on March 5, 2026, at $12.09 per share and 1,090 shares on March 4, 2026, at $12.32 per share. Both transactions were reported as open-market sales executed under a pre-established Rule 10b5-1 trading plan.

What restricted stock unit (RSU) activity did FA disclose for Bret Jardine?

Jardine reported 929 restricted stock units converting into common stock, each RSU representing a contingent right to one share. He also reported 329 shares withheld to cover tax obligations upon RSU vesting. The underlying RSUs were originally granted on March 4, 2024, with installment vesting.

How many First Advantage (FA) shares does Bret Jardine own after these transactions?

After the reported transactions, Bret Jardine directly owned 7,008 shares of First Advantage common stock. He also held 1,857 restricted stock units, which are scheduled to vest in four equal installments beginning March 4, 2025, assuming he continues to satisfy required service conditions.

Was Bret Jardine’s FA stock sale part of a pre-arranged 10b5-1 plan?

Yes. The filing states the shares were sold under a Rule 10b5-1 trading plan adopted by Bret Jardine on August 8, 2025. Such plans allow insiders to schedule trades in advance, providing a structured framework for selling shares over time.

Why were some FA shares withheld in Bret Jardine’s Form 4 filing?

The filing notes that 329 shares represent stock withheld in connection with the vesting of restricted stock units to cover tax withholding obligations. This means a portion of the vested shares was retained instead of Jardine paying those taxes in cash.
First Advantage Corp

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