The COO's significant open-market purchase may reflect confidence ahead of potential positive developments; however, the Legal Officer's sales temper the overall signal. Monitor for follow-up buying from other insiders or upcoming earnings/catalysts.
Price Chart
Executive Summary
A mixed insider trading cluster at FIRST ADVANTAGE CORP shows CFO and COO engaging in non-cash derivative exercises, while the Chief Legal Officer sold $20,683 in shares and the COO bought $106,740 in open-market shares. The net activity is modest in dollar value and includes both buying and selling by executives.
Key Financial Metrics
Key Facts
- Global Chief Operating Officer Douglas Nairne purchased 9,000 shares for $106,740 in open-market transactions, signaling confidence.
- Chief Legal Officer Bret Jardine sold 1,690 shares for $20,683 in open-market transactions.
- CFO Steven Marks and COO Douglas Nairne exercised derivatives (1,146 and 743 shares, respectively), resulting in no cash flow.
- Total open-market buying: $106,740; total open-market selling: $20,683 — net buying of $86,057.
- All transactions occurred within a 7-day window, forming a notable but not material cluster.
Financial Impact
$86,057 net open-market buying by insiders, representing 0.004% of company's $2.1B market cap
Risk Factors
- The Legal Officer's sales, while small, could indicate selective profit-taking during a period of executive activity.
- Derivative exercises are routine and non-cash; they do not reflect conviction or concern.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (6 trades, 7d window) | cluster-FA-1772835200935 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | Press Release | $19.66 | awaiting T+20 | — | $21.09 (+7.30%) |
Oct 15, 2026 12d ago | Press Release | $20.08 | awaiting T+20 | — | $21.09 (+5.05%) |
Aug 10, 2026 11w ago | S-3ASR | $21.17 $20.55 | ▲ +2.93% | ▲ +1.87% | $21.09 (+0.35%) |
May 7, 2026 24w ago | 8-K | $15.76 $16.02 | ▲ +1.65% | ▼ −1.49% | $21.09 (+33.85%) |
Apr 24, 2026 26w ago | DEFA14A | $12.58 $15.29 | ▲ +21.54% | ▲ +16.59% | $21.09 (+67.69%) |
Apr 16, 2026 27w ago | Press Release | $12.51 $14.77 | ▲ +18.07% | ▲ +12.70% | $21.09 (+68.63%) |
Mar 2, 2026 34w ago | Insider Cluster | $11.76 $11.44 | ▼ −2.72% | ▲ +5.22% | $21.09 (+79.38%) |
Mar 2, 2026 34w ago | Insider Cluster | $11.76 $11.44 | ▼ −2.72% | ▲ +5.22% | $21.09 (+79.38%) |
Feb 26, 2026 34w ago | 8-K | $11.69 $11.29 | ▼ −3.42% | ▲ +2.98% | $21.09 (+80.45%) |
US Market Status
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