secwatch.observer — SEC 8-K summary
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Issuer:     FIRST ADVANTAGE CORP (FA)
CIK:        0001210677
Form:       8-K
Filed at:   2024-09-11T23:59:59+00:00
Accession:  0000950170-24-105519
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Advantage promotes Joelle Smith to President, expanding her role to include go-to-market teams
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- Effective Sept 16, 2024; Smith previously President, Data, Technology, and Experience since 2022.
- Base salary raised to $600,000; eligible for discretionary annual cash bonus up to $450,000.
- Equity grant of $2,500,000 (50% stock options, 50% RSUs) vesting annually over 4 years.
- Smith now leads product, data, technology, sales, customer success, and marketing organizations.
- CEO Scott Staples cites alignment to accelerate AI and digital product innovation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1210677/000095017024105519/0000950170-24-105519-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1210677/000095017024105519/fa-20240910.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-105519

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer