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FIRST ADVANTAGE CORP (FA) CLO granted RSUs, options and withholds shares for taxes

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

Rhea-AI Filing Summary

FIRST ADVANTAGE CORP’s Chief Legal Officer Bret T. Jardine reported several equity compensation moves. On March 2, 2026, he received 27,478 restricted stock units and 40,568 stock options (right to buy), both vesting in equal annual installments on March 2 of 2027, 2028, 2029, and 2030, subject to continued service.

On March 3, 2026, 1,686 restricted stock units were exercised into 1,686 shares of common stock at no exercise price, and 596 shares of common stock at $11.83 per share were withheld to cover tax obligations related to RSU vesting. The filing notes that each RSU represents a right to receive one share of common stock in stock, cash, or a mix.

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).
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)
03/02/2026
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
Common Stock 03/03/2026 M 1,686 A (1) 8,694(2) D
Common Stock 03/03/2026 F(3) 596 D $11.83 8,098 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) 03/02/2026 A 27,478 (4) (4) Common Stock 27,478 $0 27,478 D
Stock Options (Right to Buy) $11.76 03/02/2026 A 40,568 (5) 03/02/2036 Common Stock 40,568 $0 40,568 D
Restricted Stock Units (1) 03/03/2026 M 1,686 (6) (6) Common Stock 1,686 $0 5,060 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. The RSUs will vest in equal annual installments on March 2, 2027, 2028, 2029, and 2030, subject to continued service through such dates.
5. The stock options will vest in equal annual installments on March 2, 2027, 2028, 2029, and 2030, subject to continued service through such dates.
6. Represents RSUs originally granted on March 3, 2025, which vest in four equal installments, beginning on March 3, 2026, subject to continued service through such dates.
/s/ Bret T. Jardine 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 Bret T. Jardine?

Bret T. Jardine reported equity compensation activity, including RSU and stock option grants plus an RSU vesting. He also had shares withheld to satisfy tax obligations tied to those vesting restricted stock units, all recorded as direct ownership transactions.

How many restricted stock units did FA grant to its Chief Legal Officer?

FIRST ADVANTAGE CORP granted 27,478 restricted stock units to its Chief Legal Officer. Each RSU represents a contingent right to receive one share of common stock, payable in stock, cash, or a combination, subject to the stated vesting and continued service conditions.

What stock option award did Bret T. Jardine receive from FIRST ADVANTAGE CORP (FA)?

Bret T. Jardine received 40,568 stock options described as a right to buy common stock. These options vest in equal annual installments on March 2, 2027, 2028, 2029, and 2030, provided he continues his service with FIRST ADVANTAGE CORP through each vesting date.

How do the new FA restricted stock units for Bret T. Jardine vest over time?

The new restricted stock units vest in four equal annual installments on March 2, 2027, 2028, 2029, and 2030. Vesting is conditioned on Bret T. Jardine’s continued service with FIRST ADVANTAGE CORP through each of those specific vesting dates.

Why were 596 shares of FIRST ADVANTAGE CORP common stock disposed of in this Form 4?

The 596 common shares were withheld to cover tax withholding obligations from RSU vesting. The filing characterizes this as a disposition to satisfy taxes rather than an open-market sale, using shares instead of cash for the tax payment.

Did the FA Chief Legal Officer receive any earlier RSU grants mentioned in this filing?

Yes. The filing references RSUs originally granted on March 3, 2025, vesting in four equal installments starting March 3, 2026. These earlier awards also require continued service through each vesting date, and relate to the RSU vesting and share withholding now reported.
First Advantage Corp

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