Form 4: Advantage Solutions CFO Christopher Growe Reports Stock Transactions
SEC Form 4 Filing
Christopher Growe, CFO of Advantage Solutions Inc., reports the disposition of shares to cover tax obligations and discloses beneficial ownership of Class A Common Stock.
Summary
- On April 21, 2025, Christopher Growe, the Chief Financial Officer of Advantage Solutions Inc., reported a transaction involving Class A Common Stock.
- 12,375 shares were disposed of at a price of $1.23 to satisfy tax withholding requirements on vesting of restricted stock units.
- Following the transaction, Growe directly owns 449,782 shares of Class A Common Stock.
- Growe also indirectly owns 120,000 shares through a family trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice for executives to sell shares to cover tax obligations when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/21/2025 | Date of transaction involving Class A Common Stock. |
| 04/23/2025 | Date of signature by Attorney-in-fact. |
Keywords
Advantage Solutions Inc., Christopher Growe, CFO, Class A Common Stock, Form 4, SEC, Beneficial Ownership, Insider Trading, Tax Withholding
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