STOCK TITAN

FIRST ADVANTAGE CORP (FA) COO receives new RSU and stock option grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Nairne Douglas reported acquisition or exercise transactions in this Form 4 filing.

FIRST ADVANTAGE CORP reported that Global Chief Operating Officer Douglas Nairne received equity awards as part of his compensation. On March 2, 2026, he was granted 109,911 restricted stock units and 162,272 stock options, all held directly.

Each RSU represents a contingent right to receive one share of common stock, which may be settled in stock, cash, or a combination. Both the RSUs and stock options vest in equal annual installments on March 2 of 2027, 2028, 2029, and 2030, subject to continued service.

Positive

  • None.

Negative

  • None.
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*
Nairne Douglas

(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)
Global Chief Operating 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/ Bret T. Jardine, Attorney-in-Fact 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.

FAQ

What did FIRST ADVANTAGE CORP (FA) report in this Form 4 for Douglas Nairne?

The filing reports that Global Chief Operating Officer Douglas Nairne received new equity awards, including restricted stock units and stock options, on March 2, 2026. These awards are part of his compensation and vest over four years, subject to continued service with FIRST ADVANTAGE CORP.

How many restricted stock units did Douglas Nairne receive from FIRST ADVANTAGE CORP (FA)?

Douglas Nairne received 109,911 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of FIRST ADVANTAGE CORP common stock, which may be settled in stock, cash, or a combination, according to the award terms described in the filing footnotes.

How many stock options were granted to Douglas Nairne by FIRST ADVANTAGE CORP (FA)?

Douglas Nairne was granted 162,272 stock options labeled as a right to buy common stock. These options are held directly and were awarded as a grant or other acquisition, with vesting spread over four equal annual installments beginning in 2027, subject to continued service.

When do Douglas Nairne’s restricted stock units at FIRST ADVANTAGE CORP (FA) vest?

The restricted stock units vest in four equal annual installments on March 2 of 2027, 2028, 2029, and 2030. Vesting is conditioned on Douglas Nairne’s continued service with FIRST ADVANTAGE CORP through each respective vesting date, as specified in the filing footnotes.

What is the vesting schedule for Douglas Nairne’s stock options at FIRST ADVANTAGE CORP (FA)?

The stock options vest in equal annual installments on March 2, 2027, 2028, 2029, and 2030. Each installment requires Douglas Nairne to remain in service with FIRST ADVANTAGE CORP through the relevant vesting date, mirroring the vesting conditions of his restricted stock units.

How can the restricted stock units granted to Douglas Nairne at FIRST ADVANTAGE CORP (FA) be settled?

Each restricted stock unit can be settled in either shares of FIRST ADVANTAGE CORP common stock, cash, or a combination of both. The exact settlement form is determined under the award terms, but each RSU corresponds to one share of common stock when settled in shares.
First Advantage Corp

NASDAQ:FA

View FA Stock Overview

FA Rankings

FA Latest News

FA Latest SEC Filings

FA Stock Data

1.91B
78.76M
Specialty Business Services
Services-computer Processing & Data Preparation
Link
United States
ATLANTA