FIRST ADVANTAGE CORP (FA) COO receives new RSU and stock option grants
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Nairne Douglas
Role
Global Chief Operating 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)
- 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.
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.