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Silver Lake Group, L.L.C.'s Form 4 filing

First Advantage Corp (FA) · filed Aug 14, 2026

Accession no.
0001193125-26-352400
Filed
Aug 14, 2026, 4:30 PM ET
Trade date
Aug 12, 2026
Filing delay
2 days
Rule 10b5-1 plan
Not checked

This filing lists 2 non-derivative transactions. Open-market sales total $275.2M. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Silver Lake Group, L.L.C.CIK 0001418226Director, 10% Owner
Osnoss JosephCIK 0001603955Director
Slta V (GP), L.L.C.CIK 0001737652Director, 10% Owner
Silver Lake Technology Associates V, L.P.CIK 0001737657Director, 10% Owner
SLP V Aggregator GP, L.L.C.CIK 0001811441Director, 10% Owner
SLP Fastball Aggregator, L.P.CIK 0001866145Director, 10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Aug 12, 2026Common StockSSaleDisposed−12,500,000$22.02F1−$275,187,50077,057,840Indirect
Aug 12, 2026Common StockJOtherDisposed−4,028,842$0.00F3$073,028,998Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

This amount represents the $22.20 secondary public offering price per share of common stock par value $0.001 per share (the "Common Stock") of First Advantage Corporation (the "Issuer"), less the underwriting discount of $0.185 per share for shares sold pursuant to a registered public offering.

Referenced by the price of 1 transaction in Table I.

F3

SLP Fastball and certain of its affiliates initiated in-kind distributions of Common Stock of the Issuer on August 12, 2026. The receipt of shares of Common Stock by each of the Reporting Persons was exempt from reporting pursuant to Rule 16a-13 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

Referenced by the price of 1 transaction in Table I.

Remarks

The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. This filing shall not be deemed an admission that the Reporting Persons are beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any.

Read the full filing on SEC EDGAR (opens in a new tab)