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[Form 4] FIRST ADVANTAGE CORP Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

First Advantage Corp (FA) reported an insider equity transaction by its Chief Financial Officer. On November 8, 2025, 13,652 shares of common stock were delivered upon settlement of restricted stock units (transaction code M). To cover tax withholding, 4,102 shares were withheld at $13.31 per share (code F). Following these transactions, the officer directly owns 30,535 common shares. In addition, 40,956 RSUs remain outstanding. The RSUs were originally granted on November 14, 2024 and vest in four equal annual installments beginning on November 8, 2025.

Positive
  • None.
Negative
  • None.
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*
Marks Steven Irwin

(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 Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
11/08/2025
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 11/08/2025 M 13,652 A (1) 34,637(2) D
Common Stock 11/08/2025 F(3) 4,102 D $13.31 30,535 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 (1) 11/08/2025 M 13,652 (4) (4) Common Stock 13,652 $0 40,956 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. Includes shares of common stock acquired under the Employee Stock Purchase Plan of the Issuer.
3. Represents shares withheld in connection with the vesting of RSUs to cover tax withholding obligations.
4. Represents RSUs originally granted on November 14, 2024, which will vest in four equal annual installments, beginning on November 8, 2025, subject to continued service through such dates.
/s/ Steven I. Marks 11/12/2025
** 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 did First Advantage (FA) disclose in this Form 4?

The CFO settled 13,652 RSUs into common stock on November 8, 2025 and had 4,102 shares withheld to cover taxes at $13.31.

How many FA shares does the CFO own after the transactions?

The CFO directly owns 30,535 shares of First Advantage Corp common stock after the reported transactions.

How many restricted stock units remain outstanding for the CFO at FA?

The filing lists 40,956 remaining RSUs.

What is the vesting schedule for the reported FA RSUs?

The RSUs were granted on November 14, 2024 and vest in four equal annual installments beginning on November 8, 2025, subject to continued service.

What was the purpose of the 4,102 shares withheld at FA?

They were withheld to satisfy tax withholding obligations upon RSU vesting at a price of $13.31 per share.

What do codes M and F mean in this FA Form 4?

Code M indicates the settlement of a derivative security (RSUs into shares). Code F indicates shares withheld to pay taxes.
First Advantage Corp

NASDAQ:FA

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2.29B
78.59M
3.4%
108.24%
6.42%
Specialty Business Services
Services-computer Processing & Data Preparation
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United States
ATLANTA