Joelle M. Smith, President of First Advantage Corp, filed a Form 4 on September 18, 2026, reporting transactions in common stock and restricted stock units dated September 16, 2026, on the NASDAQ exchange under ticker NASDAQ:FA.

Key Highlights

  • RSU vesting: 16,498 restricted stock units vested on September 16, 2026, each representing a contingent right to receive one share of common stock.
  • Tax withholding: 6,554 shares of common stock were withheld at a price of $21.56 per share to cover tax withholding obligations connected to the RSU vesting.
  • Common stock position: Following both transactions, Smith directly held 47,268 shares of common stock, according to the filing.
  • Remaining RSUs: Smith's derivative security position in restricted stock units stands at 32,996 units directly held following the reported transactions.
  • Original grant date: The RSUs were originally granted on September 16, 2024, and vest in four equal installments beginning September 16, 2025, subject to continued service.

RSU Vesting and Withholding Details for First Advantage President

According to the Form 4 filed with the Securities and Exchange Commission, Joelle M. Smith, who serves as President of First Advantage Corp, a background screening and identity solutions company headquartered at 1 Concourse Parkway NE, Suite 200, Atlanta, Georgia, reported two transactions in common stock on September 16, 2026. The first transaction, coded "M," reflects the vesting of 16,498 restricted stock units, which were acquired and recorded as an increase to her directly held common stock position.

The second transaction, coded "F," represents 6,554 shares of common stock disposed of at $21.56 per share. The filing states this amount "represents shares withheld in connection with the vesting of RSUs to cover tax withholding obligations." After both transactions settled, Smith's direct beneficial ownership in common stock stood at 47,268 shares, as reported in the filing.

In Table II, the filing reports that Smith's directly held restricted stock unit position decreased from a pre-transaction level to 32,996 units following the vesting of 16,498 RSUs. The filing notes that these RSUs, originally granted on September 16, 2024, vest in four equal installments beginning September 16, 2025, contingent on continued service through each vesting date. RSU settlement may occur in common stock, cash, or a combination of both, according to the filing's explanation of responses.

What Was Disclosed

The filing discloses two September 16, 2026, transactions by First Advantage President Joelle M. Smith: the vesting of 16,498 RSUs into common stock and the withholding of 6,554 shares at $21.56 each for tax purposes, leaving her with 47,268 directly held common shares and 32,996 remaining RSUs.