First Advantage Corp. Files Definitive Proxy Statement

Ticker: FA · Form: DEF 14A · Filed: Apr 25, 2024 · CIK: 1210677

First Advantage Corp DEF 14A Filing Summary
FieldDetail
CompanyFirst Advantage Corp (FA)
Form TypeDEF 14A
Filed DateApr 25, 2024
Risk Levellow
Pages16
Reading Time19 min
Sentimentneutral

Sentiment: neutral

Topics: Proxy Statement, DEF 14A, Executive Compensation, Shareholder Proposals, Corporate Governance

TL;DR

<b>First Advantage Corp. has filed its Definitive Proxy Statement for the reporting period ending June 7, 2024.</b>

AI Summary

FIRST ADVANTAGE CORP (FA) filed a Proxy Statement (DEF 14A) with the SEC on April 25, 2024. Filing type: DEF 14A (Definitive Proxy Statement). Reporting period end date: 2024-06-07. Filed as of date: 2024-04-25. Company SIC code: 7389 (Services-Business Services, NEC). Company IRS number: 843884690.

Why It Matters

For investors and stakeholders tracking FIRST ADVANTAGE CORP, this filing contains several important signals. This filing provides detailed information regarding executive compensation, board of directors, and shareholder proposals, which are crucial for investors to understand company governance and potential impacts on stock value. As a DEF 14A filing, it signifies a formal request for shareholders to vote on matters presented, making it a key document for understanding upcoming corporate decisions and their implications.

Risk Assessment

Risk Level: low — FIRST ADVANTAGE CORP shows low risk based on this filing. The filing is a routine proxy statement (DEF 14A) and does not contain new financial results or significant operational updates, indicating a low level of immediate risk.

Analyst Insight

Review the executive compensation details and any shareholder proposals to assess potential impacts on corporate governance and future company performance.

Key Numbers

  • 2024-06-07 — Reporting Period End Date (Conformed Period of Report)
  • 2024-04-25 — Filed As Of Date (Filed As Of Date)
  • 7389 — SIC Code (Standard Industrial Classification)
  • 843884690 — IRS Number (IRS Number)
  • 30328 — ZIP Code (Business Address ZIP)

Key Players & Entities

  • FIRST ADVANTAGE CORP (company) — Filer
  • BRET T. JARDINE, ESQ. (person) — Contact person for business and mail address

FAQ

When did FIRST ADVANTAGE CORP file this DEF 14A?

FIRST ADVANTAGE CORP filed this Proxy Statement (DEF 14A) with the SEC on April 25, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by FIRST ADVANTAGE CORP (FA).

Where can I read the original DEF 14A filing from FIRST ADVANTAGE CORP?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by FIRST ADVANTAGE CORP.

What are the key takeaways from FIRST ADVANTAGE CORP's DEF 14A?

FIRST ADVANTAGE CORP filed this DEF 14A on April 25, 2024. Key takeaways: Filing type: DEF 14A (Definitive Proxy Statement).. Reporting period end date: 2024-06-07.. Filed as of date: 2024-04-25..

Is FIRST ADVANTAGE CORP a risky investment based on this filing?

Based on this DEF 14A, FIRST ADVANTAGE CORP presents a relatively low-risk profile. The filing is a routine proxy statement (DEF 14A) and does not contain new financial results or significant operational updates, indicating a low level of immediate risk.

What should investors do after reading FIRST ADVANTAGE CORP's DEF 14A?

Review the executive compensation details and any shareholder proposals to assess potential impacts on corporate governance and future company performance. The overall sentiment from this filing is neutral.

How does FIRST ADVANTAGE CORP compare to its industry peers?

First Advantage Corp. operates within the business services sector, providing solutions related to background checks and identity verification.

Are there regulatory concerns for FIRST ADVANTAGE CORP?

This filing is made under the Securities Exchange Act of 1934, specifically Form DEF 14A, which requires public companies to provide detailed information to shareholders before annual meetings.

Industry Context

First Advantage Corp. operates within the business services sector, providing solutions related to background checks and identity verification.

Regulatory Implications

This filing is made under the Securities Exchange Act of 1934, specifically Form DEF 14A, which requires public companies to provide detailed information to shareholders before annual meetings.

What Investors Should Do

  1. Analyze the compensation packages for named executive officers.
  2. Review any proposals submitted for shareholder vote.
  3. Examine the composition and independence of the Board of Directors.

Key Dates

  • 2024-06-07: Reporting Period End — Indicates the end of the period covered by the proxy statement.
  • 2024-04-25: Filing Date — Date the Definitive Proxy Statement was filed with the SEC.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure for proxy matters and does not represent a change from previous filings of the same type.

Filing Stats: 4,802 words · 19 min read · ~16 pages · Grade level 12.2 · Accepted 2024-04-25 16:05:26

Filing Documents

BUSINESS

BUSINESS 1. To elect the three Class II director nominees listed in the Proxy Statement. 2. To ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for 2024. 3. To approve, on an advisory (non-binding) basis, the compensation of our named executive officers. 4. To consider such other business as may properly come before the Annual Meeting and any adjournments or postponements thereof. RECORD DATE You may vote at the Annual Meeting if you were a stockholder of record at the close of business on April 9, 2024. VOTING BY PROXY To ensure your shares are voted, you may vote your shares over the Internet, by telephone or by completing, signing, and returning a proxy card. Voting procedures are described on the following page and on the proxy card. By Order of the Board of Directors, Bret T. Jardine Executive Vice President, General Counsel & Corporate Secretary Important Notice Regarding the Availability of Proxy Materials for the Stockholder Meeting To Be Held on June 7, 2024: This Proxy Statement and our Annual Report on Form 10-K for the year ended December 31, 2023 (the "2023 Form 10-K") are available free of charge at https://investors.fadv.com/financials-filings/sec-filings and at www.proxydocs.com/FA. A list of stockholders of record at the close of business on April 9, 2024 will be open for examination by any stockholder for any purpose germane to the Annual Meeting for a period of 10 days prior to the Annual Meeting at our principal executive offices at 1 Concourse Parkway NE, Suite 200, Atlanta, Georgia 30328, and electronically during the Annual Meeting by registering at www.proxydocs.com/FA. PROXY VOTING METHODS If, at the close of business on April 9, 2024, you were a stockholder of record, you may vote your shares by proxy at the Annual Meeting. If you were a stockholder of record, you may vote your shares in advance over the Internet, by telephone, or by mail. You may also revok

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 22 Compensation Discussion and Analysis 22 Compensation Committee Report 31 Summary Compensation Table 32 Employment Agreements with Named Executive Officers 33 Grants of Plan Based Awards for 2023 35 Outstanding Equity Awards at 2023 Year End 36 Option Exercises and Stock Vested in 2023 38 Potential Severance Payments or Benefits on a Termination without Cause or for Good Reason under Named Executive Officer Employment Agreements 38 Potential Accelerations of Vesting under Named Executive Officer Equity Award Agreements upon Termination or Change in Control 40 Summary of Potential Payments on Termination and/or Change in Control 41 Chief Executive Officer Pay Ratio 42 Pay Versus Performance 43 Compensation Committee Interlocks and Insider Participation 46 Compensation of Directors 46 EQUITY COMPENSATION PLAN INFORMATION 48 49 TRANSACTIONS WITH RELATED PERSONS 51 STOCKHOLDER PROPOSALS FOR THE 2024 ANNUAL MEETING 53 HOUSEHOLDING OF PROXY MATERIALS 53 OTHER BUSINESS 54 Cautionary Notice Regarding Forward-Looking Statements and Website Reference This Proxy Statement contains "forward-looking statements" that reflect our current views with respect to, among other things, our operations and financial performance and include all statements that are not historical facts. In some cases, you can identify these forward-looking statements by the use of words such as "anticipate," "assume," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "future," "will," "seek," "foreseeable," the negative version of these words, or similar terms and phrases. These forward-looking statements are subject to various risks, uncertainties, assumptions or changes in circumstances that are difficult to predict or quantify. For additional information on factors that could cause our actual results to diffe

View Full Filing

View this DEF 14A filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.