First Advantage (FA) director receives 12,805 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clark James Lindsey reported acquisition or exercise transactions in this Form 4 filing.
FIRST ADVANTAGE CORP director James Lindsey Clark received an equity award of 12,805 shares of Common Stock in the form of restricted stock units. These units were granted at no cash cost to him and increase his direct holdings to 61,765 shares after the award.
The restricted stock units will vest on the first anniversary of the grant date, or earlier on the business day immediately before the Company’s 2027 annual stockholders’ meeting, if he continues to serve as a director through the vesting date. This is a compensation-related equity grant rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Clark James Lindsey
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,805 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 61,765 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 12,805 shares
Price per share: $0.0000 per share
Holdings after grant: 61,765 shares
+1 more
4 metrics
RSU grant size
12,805 shares
Restricted stock units granted to director on 2026-06-05
Price per share
$0.0000 per share
Reported grant price for restricted stock units
Holdings after grant
61,765 shares
Total Common Stock directly held after the award
Transaction code
A
Grant, award, or other acquisition of securities
Key Terms
restricted stock units, vest, annual meeting of the Company's stockholders, transaction code "A"
4 terms
restricted stock units financial
"Represents a grant of restricted stock units which will vest on the first anniversary"
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.
vest financial
"which will vest on the first anniversary of the date of grant"
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.
annual meeting of the Company's stockholders regulatory
"immediately preceding the date of the annual meeting of the Company's stockholders in 2027"
transaction code "A" regulatory
"transaction_code_description": "Grant, award, or other acquisition"
FAQ
What insider transaction did FA director James Lindsey Clark report?
James Lindsey Clark reported receiving 12,805 restricted stock units of FIRST ADVANTAGE CORP Common Stock as a compensation grant. The award was recorded at zero dollars per share and is structured to vest based on his continued board service through the vesting date.
Is the FA Form 4 transaction a stock purchase or a grant?
The FA Form 4 transaction is a grant of restricted stock units, not an open-market stock purchase. The award was coded as an “A” transaction, indicating a grant, award, or other acquisition made as part of his compensation for serving as a director.
When do James Lindsey Clark’s FA restricted stock units vest?
The restricted stock units vest on the first anniversary of the grant date, or earlier on the business day immediately before FIRST ADVANTAGE CORP’s 2027 annual stockholders’ meeting. Vesting depends on his continued service as a director through the applicable vesting date.
Did James Lindsey Clark pay cash for the FA restricted stock units?
No, the Form 4 shows a price of $0.0000 per share for the 12,805 restricted stock units. This indicates the award is part of his director compensation at FIRST ADVANTAGE CORP, rather than a cash-funded purchase in the open market.
What does transaction code “A” mean in the FA Form 4 filing?
Transaction code “A” in the FA Form 4 indicates a grant, award, or other acquisition of securities. In this case, it refers to James Lindsey Clark’s 12,805 restricted stock unit grant tied to his ongoing board service at FIRST ADVANTAGE CORP.