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FIRST ADVANTAGE (FA) CFO awarded 109,911 RSUs and 162,272 options

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Marks Steven Irwin reported acquisition or exercise transactions in this Form 4 filing.

First Advantage Corp granted Chief Financial Officer Steven Irwin Marks equity awards on March 2, 2026. He received 109,911 restricted stock units, each representing a right to one share of common stock or cash, and 162,272 stock options. Both the RSUs and options vest in equal annual installments on March 2 of 2027, 2028, 2029, and 2030, conditioned on continued service.

Positive

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Negative

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Insider Marks Steven Irwin
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 109,911 $0.00 --
Grant/Award Stock Options (Right to Buy) 162,272 $0.00 --
Holdings After Transaction: Restricted Stock Units — 109,911 shares (Direct); Stock Options (Right to Buy) — 162,272 shares (Direct)
Footnotes (1)
  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). 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.
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Form 4 Insider Transactions: What Each Field Means →
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*
Marks Steven Irwin
(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 Financial 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
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 109,911 (2) (2) Common Stock 109,911 $0 109,911 D
Stock Options (Right to Buy) $11.76 03/02/2026 A 162,272 (3) 03/02/2036 Common Stock 162,272 $0 162,272 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. The RSUs will vest in equal annual installments on March 2, 2027, 2028, 2029, and 2030, subject to continued service through such dates.
3. The stock options will vest in equal annual installments on March 2, 2027, 2028, 2029, and 2030, subject to continued service through such dates.
/s/ Steven I. Marks 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.

Source: View Original Filing on SEC EDGAR

FAQ

What equity awards did FIRST ADVANTAGE CORP (FA) grant to its CFO?

FIRST ADVANTAGE CORP granted CFO Steven Irwin Marks 109,911 restricted stock units and 162,272 stock options. These awards, reported as derivative securities, represent part of his long-term incentive compensation and align his interests with the company’s performance over several years.

How do the restricted stock units granted to FA’s CFO work?

Each restricted stock unit granted to FA’s CFO represents a contingent right to receive one share of common stock. They may be settled in common stock, cash, or a combination, giving the company flexibility while still tying compensation to the value of its equity over time.

What is the vesting schedule for the FA CFO’s restricted stock units?

The 109,911 restricted stock units granted to FA’s CFO vest in four equal annual installments on March 2 of 2027, 2028, 2029, and 2030. Vesting is conditioned on his continued service through each vesting date, encouraging long-term retention and commitment.

When do the stock options granted to FIRST ADVANTAGE CORP’s CFO vest?

The 162,272 stock options granted to the CFO vest in equal annual installments on March 2, 2027, 2028, 2029, and 2030. Each tranche requires continued service through the applicable date, spreading the potential benefit over four years of ongoing employment.

Are the FA CFO’s March 2, 2026 equity awards open-market purchases or grants?

The FA CFO’s March 2, 2026 equity awards are classified as grants or awards, not open-market purchases. The Form 4 uses transaction code “A” for both the restricted stock units and stock options, indicating grant, award, or other acquisition from the company as compensation.

Does FIRST ADVANTAGE CORP’s CFO directly own the reported RSUs and options?

The filing shows the CFO with direct ownership of both the restricted stock units and stock options. The ownership code is listed as “D” for direct, and there are no footnotes indicating that the awards are held through a separate entity or that beneficial ownership is disclaimed.