First Advantage Corp: coo Nairne Douglas exercised 7,000 shares

What happened

• Nairne Douglas, coo, exercised or converted RSU derivatives that vested and were settled in shares on Oct 20, 2026. The filing reports 7,000 shares acquired and 7,000 shares disposed at $0.00 (derivative).

Key details

• Transaction date(s) and price(s): Oct 20, 2026 — 7,000 shares acquired at N/A; Oct 20, 2026 — 7,000 shares disposed at $0.00 (derivative).
• Filing date: Oct 22, 2026.
• Shares owned following the reported transaction: not reported in this filing.
• Footnotes from the filing: F1 — each restricted stock unit (RSU) represents a contingent right to receive one share and may be settled in common stock or cash (or a combination); F2 — the RSUs vested on Oct 20, 2026 and were settled in shares of the issuer's common stock.
• No late filing indicator shown in the provided details.

Why it may matter

• The filing reports an exercise/conversion of RSU derivatives and shows 7,000 shares were disposed at $0.00 rather than reported as a market sale.
• A filing does not show why the insider traded or why the company acted.