Form 4: Advantage Solutions CEO David Peacock Reports Stock Disposal for Tax Obligations

David Peacock, CEO of Advantage Solutions Inc., disposed of 30,520 shares of Class A Common Stock on April 21, 2025, to cover tax withholding requirements related to vesting restricted stock units.

Summary

• On April 21, 2025, David A. Peacock, the CEO of Advantage Solutions Inc., reported a transaction involving the disposal of 30,520 shares of Class A Common Stock.
• The shares were disposed of to satisfy tax withholding requirements associated with the vesting of restricted stock units.
• The price per share for the transaction was $1.23.
• Following the transaction, Peacock directly owns 3,483,533 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral event related to standard tax procedures for executive compensation. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common occurrence when restricted stock units vest.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.

Key Dates

Keywords

Form 4, Advantage Solutions Inc., David Peacock, Stock Disposal, Tax Withholding, Class A Common Stock, Executive Compensation, Restricted Stock Units