STOCK TITAN

First Advantage president vests 16,498 RSUs

FIRST ADVANTAGE CORP’s president had RSUs vest into common stock, with a portion of shares withheld to satisfy tax obligations.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FIRST ADVANTAGE CORP (FA) reported that President Joelle M. Smith exercised 16,498 Restricted Stock Units on September 16, 2026, receiving the same number of common shares. In a related transaction, 6,554 shares of common stock were withheld at $21.56 per share to cover tax withholding obligations, and Smith continues to hold 32,996 RSUs directly.

Positive

  • None.

Negative

  • None.
Insider Smith Joelle M
Role President
Type Security Shares Price Value
Exercise Restricted Stock Units F1, F3 16,498 $0.00 $0.00
Exercise Common Stock F1 16,498 -- --
Tax Withholding Common Stock F2 6,554 $21.56 $141K
Holdings After Transaction: Restricted Stock Units — 32,996 contracts (Direct); Common Stock — 47,268 shares (Direct)
Footnotes (3)
  1. F1. 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. F2. Represents shares withheld in connection with the vesting of RSUs to cover tax withholding obligations.
  3. F3. Represents RSUs originally granted on September 16, 2024, which vest in four equal installments, beginning on September 16, 2025, subject to continued service through such dates.
RSUs exercised 16,498 units Restricted Stock Units converted into common stock on September 16, 2026
Common shares acquired 16,498 shares Shares of FIRST ADVANTAGE CORP common stock received from RSU exercise
Shares withheld for taxes 6,554 shares Common stock withheld to cover tax withholding obligations on vesting
Withholding price $21.56 per share Price applied to the 6,554 withheld shares for tax withholding
RSUs remaining after transaction 32,996 units Directly held Restricted Stock Units following the reported exercise
Original RSU grant date September 16, 2024 Grant date for RSUs that vest in four equal installments
Vesting schedule 4 equal installments Installments beginning on September 16, 2025, subject to continued service
Restricted Stock Units financial
"Each restricted stock unit (RSU) represents a contingent right to receive"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of common stock"
tax withholding obligations financial
"shares withheld in connection with the vesting of RSUs to cover tax withholding obligations"
vest financial
"RSUs originally granted on September 16, 2024, which vest in four equal installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
continued service financial
"vest in four equal installments, beginning on September 16, 2025, subject to continued service"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider equity transaction did FIRST ADVANTAGE CORP (FA) report for Joelle M. Smith?

FIRST ADVANTAGE CORP reported that President Joelle M. Smith exercised 16,498 Restricted Stock Units into 16,498 shares of common stock on September 16, 2026, as part of the vesting of a prior RSU grant.

How many shares of FA common stock were withheld for taxes in this Form 4?

The filing states that 6,554 shares of FIRST ADVANTAGE CORP common stock were withheld in connection with the RSU vesting to cover tax withholding obligations at a price of $21.56 per share.

How many Restricted Stock Units does Joelle M. Smith hold after the reported FA transactions?

After the reported exercise, Joelle M. Smith holds 32,996 Restricted Stock Units directly. Each RSU represents a contingent right to receive one share of FIRST ADVANTAGE CORP common stock, payable in stock, cash, or a combination.

Were the reported FA transactions under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that these transactions were made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.

What is the origin and vesting schedule of the RSUs involved in the FA Form 4?

The RSUs exercised on September 16, 2026 are described as originally granted on September 16, 2024. They vest in four equal installments, beginning on September 16, 2025, subject to continued service through each vesting date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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).
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*
Smith Joelle M

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026
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 Stock09/16/2026M16,498A(1)53,822D
Common Stock09/16/2026F(2)6,554D$21.5647,268D
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
Restricted Stock Units(1)09/16/2026M16,498 (3) (3)Common Stock16,498$032,996D
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. Represents shares withheld in connection with the vesting of RSUs to cover tax withholding obligations.
3. Represents RSUs originally granted on September 16, 2024, which vest in four equal installments, beginning on September 16, 2025, subject to continued service through such dates.
/s/ Bret T. Jardine, Attorney-in-Fact09/18/2026
** 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)

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