First Advantage CEO updates insider holdings after 20,478 RSUs vest

Rhea-AI Filing Summary

First Advantage Corp (FA) Chief Executive Officer and director reported routine equity transactions involving company stock and restricted stock units. On November 14, 2025, 20,478 restricted stock units were converted into an equal number of common shares, and 5,089 shares were withheld at a price of $13.19 to cover tax obligations related to the vesting.

After these transactions, the reporting person beneficially owned 3,670,516 shares of First Advantage common stock directly and 149,100 shares indirectly through a trust, as well as 61,434 restricted stock units that can settle in stock or cash. The restricted stock units reported include an award originally granted on November 14, 2024 that vests in four equal annual installments starting November 14, 2025, subject to continued service.

Insider Trade Summary

20,478 shares exercised/converted

Mixed 4 txns

Insider Staples Scott

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	20,478	$0.00	--
Exercise	Common Stock	20,478	$0.00	--
Tax Withholding	Common Stock	5,089	$13.19	$67K
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 61,434 shares (Direct); Common Stock — 3,675,605 shares (Direct); Common Stock — 149,100 shares (Indirect, By Trust)

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). 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. Represents RSUs originally granted on November 14, 2024, which will vest in four equal annual installments, beginning on November 14, 2025, subject to continued service through such dates.

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^*

Staples Scott

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/14/2025

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
Common Stock	11/14/2025		M		20,478	A	(1)	3,675,605(2)	D
Common Stock	11/14/2025		F(3)		5,089	D	$13.19	3,670,516	D
Common Stock								149,100	I	By Trust

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)	11/14/2025		M			20,478	(4)	(4)	Common Stock	20,478	$0	61,434	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. Includes shares of common stock acquired under the Employee Stock Purchase Plan of the Issuer.

3. Represents shares withheld in connection with the vesting of RSUs to cover tax withholding obligations.

4. Represents RSUs originally granted on November 14, 2024, which will vest in four equal annual installments, beginning on November 14, 2025, subject to continued service through such dates.

	/s/ Bret T. Jardine, Attorney-in-Fact	11/18/2025
	** 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.

FAQ

What insider transaction did First Advantage (FA) report on this Form 4?

The Form 4 reports that the Chief Executive Officer of First Advantage Corp (FA) had 20,478 restricted stock units convert into common stock on November 14, 2025, and 5,089 shares were withheld at $13.19 per share to cover tax obligations tied to the vesting.

How many First Advantage (FA) shares does the reporting person own after the transaction?

Following the reported transactions, the insider beneficially owned 3,670,516 First Advantage common shares directly and 149,100 shares indirectly through a trust, plus 61,434 restricted stock units that represent a right to receive shares or cash.

What are the terms of the restricted stock units reported for First Advantage (FA)?

Each restricted stock unit represents a contingent right to receive one share of First Advantage common stock and will be settled in stock, cash, or a combination. The RSUs reported include an award originally granted on November 14, 2024 that vests in four equal annual installments beginning November 14, 2025, subject to continued service.

Why were 5,089 First Advantage (FA) shares reported as disposed of?

The 5,089 shares shown as disposed of were withheld in connection with the vesting of restricted stock units to satisfy tax withholding obligations, rather than sold in an open-market transaction.

Does this Form 4 for First Advantage (FA) indicate a 10% owner transaction?

The reporting person is listed as a Director and Officer (Chief Executive Officer) of First Advantage Corp. The 10% owner box is not marked, so the filing identifies the person in their director and officer capacities.

How are the remaining restricted stock units of First Advantage (FA) classified after the transaction?

After the reported activity, the insider held 61,434 restricted stock units as derivative securities, each tied to the potential receipt of one share of First Advantage common stock, with settlement in stock, cash, or a combination as provided by the plan.