Marks Steven Irwin 4

What Happened

• Marks Steven Irwin, CFO of First Advantage Corp (FA), had restricted stock units (RSUs) convert to common shares on 2026-02-28. A total of 4,737 RSUs vested/converted. Of those, 1,675 shares were withheld to cover tax obligations at $11.51 per share (total tax withholding $19,279), leaving a net 3,062 shares issued to him.
• This was a compensation vesting event (conversion of derivatives/RSUs), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-28; Form 4 filed 2026-03-03 (filing appears timely).
• Actions reported: conversion/exercise of derivatives (code M) for 4,737 shares; tax withholding (code F) of 1,675 shares at $11.51/share for $19,279.
• Net shares delivered to insider: 3,062 shares (4,737 vested − 1,675 withheld).
• Shares owned after the transaction: not specified in the filing.
• Relevant footnotes: F1 (RSUs settle in stock or cash), F3 (shares withheld to cover tax withholding), and F4–F6 (original grant dates and multi-year vesting schedules for the RSUs).

Context

• These entries reflect routine RSU vesting and tax-withholding (a common form of executive compensation). The withholding is effectively a cashless settlement to satisfy tax obligations; it is not a market sale expressing sentiment.
• Derivative code M here indicates conversion/exercise of RSUs into shares; code F denotes shares withheld for taxes.