4/A: Advantage Solutions CEO David Peacock Corrects Stock Option Grant in Amended SEC Filing
SEC Filing
David Peacock, CEO of Advantage Solutions Inc., files an amendment to a previous Form 4 to correct the number of stock options granted on April 19, 2024.
Summary
- This is an amendment to a Form 4 filing by David A. Peacock, CEO of Advantage Solutions Inc.
- The amendment corrects the number of stock options granted to Peacock on April 19, 2024.
- The corrected filing shows that Peacock was granted 1,450,549 stock options with an exercise price of $4.33.
- The stock options vest in equal installments over three years from the grant date and expire on April 19, 2031.
Sentiment
Score: 5
Explanation: The document is a routine correction of a stock option grant, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The correction of the stock option grant ensures accurate reporting to shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/19/2024 | Date of original transaction and stock option grant. |
| 04/23/2024 | Date of original Form 4 filing. |
| 02/14/2025 | Date of signature on the amended form. |
| 04/19/2031 | Expiration date of the stock options. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.