[Form 4] FIRST ADVANTAGE CORP Insider Trading Activity
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.
Positive
- None.
Negative
- None.
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.