{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-093275","form_type":"8-K","ticker":"FA","cik":"0001210677","company_name":"FIRST ADVANTAGE CORP","filed_at":"2024-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.365424+00:00","generated_at":"2026-05-31T10:42:20.655607+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"First Advantage reports Q2 2024 revenue of $184.5M, announces CFO retirement and reaffirms guidance","bullets":["Revenue of $184.5M and net income of $1.9M for Q2 2024, with adjusted EBITDA margin of 30.2%.","David L. Gamsey to retire as EVP and CFO, effective November 8, 2024; Steven Marks named successor.","Acquisition of Sterling Check Corp. expected to close in Q4 2024, with integration planning underway.","Full-year 2024 guidance reaffirmed: revenue $750M-$800M, adjusted EBITDA $228M-$248M.","Cash and cash equivalents $269.6M, total debt $564.7M as of June 30, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-093275","json":"https://secwatch.observer/filing/0000950170-24-093275.json","markdown":"https://secwatch.observer/filing/0000950170-24-093275.md","text":"https://secwatch.observer/filing/0000950170-24-093275.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1210677/000095017024093275/0000950170-24-093275-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1210677/000095017024093275/fa-20240805.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T10:42:20.655607+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2d4b79bac7","claim":"David L. Gamsey retired as Executive Vice President and Chief Financial Officer at FIRST ADVANTAGE CORP.","evidence_excerpt":"On August 5, 2024, David L. Gamsey notified the Company of his intent to retire from his position as Executive Vice President and Chief Financial Officer, effective November 8, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1210677/000095017024093275/0000950170-24-093275-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Executive Vice President and Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"e299983897","claim":"Steven Marks was appointed as Executive Vice President and Chief Financial Officer at FIRST ADVANTAGE CORP.","evidence_excerpt":"on August 8, 2024, the Company announced that Steven Marks, age 38, will succeed Mr. Gamsey as Executive Vice President and Chief Financial Officer and serve as principal financial officer, in addition to continuing to serve as principal accounting officer, effective November 8, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1210677/000095017024093275/0000950170-24-093275-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Vice President and Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}