FIRST ADVANTAGE CORP (FA) CLO granted RSUs, options and withholds shares for taxes
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1,686 shares exercised/converted
Mixed
5 txns
Insider
Jardine Bret T
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,686 | $0.00 | -- |
| Exercise | Common Stock | 1,686 | $0.00 | -- |
| Tax Withholding | Common Stock | 596 | $11.83 | $7K |
| Grant/Award | Restricted Stock Units | 27,478 | $0.00 | -- |
| Grant/Award | Stock Options (Right to Buy) | 40,568 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,060 shares (Direct);
Common Stock — 8,694 shares (Direct);
Stock Options (Right to Buy) — 40,568 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). Includes shares of common stock acquired under the Employee Stock Purchase Plan of the Issuer. Represents shares withheld in connection with the vesting of RSUs to cover tax withholding obligations. The RSUs will vest in equal annual installments on March 2, 2027, 2028, 2029, and 2030, subject to continued service through such dates. The stock options will vest in equal annual installments on March 2, 2027, 2028, 2029, and 2030, subject to continued service through such dates. 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.
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.
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.