FIRST ADVANTAGE CORP
For the period ended Mar 31, 2026. Filed May 7, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 7, 2026
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Other Information
Item 5. Other Information.
Rule 10b5-1 Trading Arrangements
During the three months ended March 31, 2026, none of our directors or officers (as defined in Rule 16a-1(f) of the Exchange Act)adopted, terminated, ormodified a Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408 of Regulation S-K).
Amendment to Employment Letter Agreement
On May 7, 2026, the Company entered into an amendment to the employment letter agreement, dated May 31, 2017, with Joelle M. Smith, the Company’s President, to extend her severance period from six months to twelve months following a termination without Cause or resignation for Good Reason (as such terms are defined in the employment letter agreement). The Company’s Board of Directors, upon recommendation of the Compensation Committee, approved the amendment. All other terms related to severance under the original employment letter agreement remain applicable, as set forth in such agreement, which was filed as Exhibit 10.2 to the Company’s Quarterly Report on Form 10-Q, filed on May 10, 2023.
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