STOCK TITAN

Director at First Advantage (FA) sells 4,921 shares under plan

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

Rhea-AI Filing Summary

First Advantage Corp director James Lindsey Clark reported an open-market sale of common stock. On June 8, 2026, he sold 4,921 shares at $15.69 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, and he retained 56,844 shares afterward, indicating he continues to hold a substantial position.

Positive

  • None.

Negative

  • None.
Insider Clark James Lindsey
Role null
Sold 4,921 shs ($77K)
Type Security Shares Price Value
Sale Common Stock 4,921 $15.69 $77K
Holdings After Transaction: Common Stock — 56,844 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 4,921 shares Open-market sale on June 8, 2026
Sale price $15.69 per share Open-market sale of First Advantage common stock
Shares held after transaction 56,844 shares Director’s direct holdings following June 8, 2026 sale
Net shares sold 4,921 shares Net sell direction in transaction summary
Rule 10b5-1 trading plan regulatory
"Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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SEC Form 4
FORM 4UNITED 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*
Clark James Lindsey

(Last)(First)(Middle)
C/O FIRST ADVANTAGE CORPORATION
1 CONCOURSE PARKWAY NE, SUITE 200

(Street)
ATLANTA GEORGIA 30328

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FIRST ADVANTAGE CORP [ FA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/08/2026S(1)4,921D$15.6956,844D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2025 and amended on November 26, 2025.
/s/ Bret T. Jardine, Attorney-in-Fact06/10/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did First Advantage (FA) disclose for James Lindsey Clark?

First Advantage reported that director James Lindsey Clark sold 4,921 shares of common stock in an open-market transaction. The sale occurred on June 8, 2026, under a pre-arranged Rule 10b5-1 trading plan, and he retained 56,844 shares afterward.

At what price did James Lindsey Clark sell First Advantage (FA) shares?

James Lindsey Clark sold 4,921 First Advantage common shares at a price of $15.69 per share. This was an open-market sale executed on June 8, 2026, pursuant to a pre-arranged Rule 10b5-1 trading plan adopted and later amended by the director.

How many First Advantage (FA) shares does James Lindsey Clark hold after the sale?

After selling 4,921 shares, James Lindsey Clark directly holds 56,844 shares of First Advantage common stock. This post-transaction figure reflects his remaining ownership following the June 8, 2026 open-market sale executed under a Rule 10b5-1 trading plan.

Was the First Advantage (FA) insider sale made under a Rule 10b5-1 plan?

Yes. The filing states the shares were sold under a Rule 10b5-1 trading plan. The plan was adopted by James Lindsey Clark on June 12, 2025 and amended on November 26, 2025, indicating the June 8, 2026 sale was pre-scheduled.

Is the James Lindsey Clark transaction in First Advantage (FA) an open-market sale?

Yes. The Form 4 characterizes the transaction as an open-market sale of common stock. It reports code “S,” describes the action as an open-market sale, and shows 4,921 shares sold at $15.69 per share on June 8, 2026 under a Rule 10b5-1 plan.