Clark James Lindsey sold $77K of FA

Clark James Lindsey sold 4,921 shares of FIRST ADVANTAGE CORP (FA) at $15.69 on 2026-06-08 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Clark James Lindsey
Published Jun 10, 2026, 8:22 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Jun 10, 2026, 8:27 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$FA
Neutral
medium confidence
Mentioned
$FA
Relevance
2/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$FANeutralLow
01

Why it matters

The newest fact is the June 8 open-market sale of 4,921 shares at $15.6900 under a pre-arranged 10b5-1 plan, leaving 56,844 shares held.

02

Market read

This is a routine insider-sale disclosure with limited incremental trading signal absent other company-specific news.

03

What to watch

The article provides only the sale details; it does not indicate whether other insiders bought, whether the plan is part of a broader selling program, or any concurrent company-specific catalysts.

Relevance 2/10Novelty 2/10Timing: Filed June 10; sale executed June 8.

Background

SEC Form 4 reports an insider transaction for First Advantage Corp (FA) by director Clark James Lindsey.

Company-level read

Ticker impact

$FANeutralMedium confidence
Context

First Advantage Corp director Clark James Lindsey sold 4,921 shares in an open-market transaction under a pre-arranged 10b5-1 plan.

Expected impact

Low likelihood of a sustained price move; any reaction is likely muted and short-lived.

Evidence & confidence

The disclosure is a Form 4 insider sale (not a buy) and is explicitly tied to a pre-arranged 10b5-1 plan, which reduces interpretive value versus discretionary selling.

Market effects

No clear sector read-through from a single director 10b5-1 sale.

None indicated.

None indicated.

Counterpoint

Even with 10b5-1, repeated insider selling can coincide with internal caution; traders may watch for follow-on sales or other governance signals.

Key entities

  • FIRST ADVANTAGE CORP

    Company whose director insider sale is disclosed on Form 4.

  • Clark James Lindsey

    Director who sold 4,921 shares under a pre-arranged 10b5-1 plan.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

Related articles

$FAMed

Why First Advantage (FA) shares are trading lower today

First Advantage (FA) shares fell 10.5% after Silver Lake Group announced a secondary offering of 15M shares. The company is not selling shares or receiving proceeds. FA's revenue grew 36.8% YoY to $420M, with EPS at $0.30, beating expectations. The stock is up 47.7% YTD but 12.7% below its 52-week high.

$FAHighAI 8/10

Why is First Advantage stock sliding today?

First Advantage Corp (FA) stock fell 9.7% in pre-market trading after Silver Lake Group sold 15 million shares at $21.80 each, reducing its stake. Additional shares may be distributed without a lock-up period. The decline is attributed to the large share sale and not broader market trends. FA's stock had risen 62% year-to-date before this news.