First Advantage (FA) COO Nairne Douglas Buys 9,000 Shares

What Happened Nairne Douglas, Chief Operating Officer of First Advantage Corp (FA), purchased 9,000 shares on 2026-03-02 at $11.86 per share, for a total reported cost of $106,740. The transaction is reported as a purchase (transaction code P), which is a direct buy of company stock rather than an option exercise or award.

Key Details

• Transaction date and price: 2026-03-02, 9,000 shares at $11.86 each.
• Total value: $106,740.
• Transaction type: Reported as an open-market/private purchase (code P).
• Shares owned after transaction: Not specified in the summary data — see the filed Form 4 for exact post-transaction holdings.
• Footnotes/notable items: No 10b5-1 plan, tax withholding, or derivative exercise noted in the provided summary.
• Timeliness: Form covers period 2026-03-02 and was filed 2026-03-03 — filed promptly (not flagged late).

Context Purchases by insiders are often watched by investors as a potential positive signal, but they do not prove future stock performance. This transaction was a straightforward open-market purchase (not an option exercise or award). For full details, review the official Form 4 filing (Accession 0001210677-26-000004).