Form 4: Advantage Solutions COO Reports Stock Vesting and Tax-Related Share Disposition
Insider Transaction Report
Andrea Young, COO of Experiential Services at Advantage Solutions Inc., reported the vesting of performance restricted stock units and subsequent share disposition for tax obligations.
Summary
- Andrea Young, Chief Operating Officer of Experiential Services at Advantage Solutions Inc. (ADV), reported transactions on June 2, 2025.
- The report details the vesting of 8,293 Performance Restricted Stock Units (PSUs) into Class A Common Stock, which were originally granted on June 1, 2022.
- Concurrently, 9,601 shares of Class A Common Stock were disposed of at a price of $1.15 per share to satisfy tax withholding requirements related to the vesting of restricted stock units and PSUs.
- Following these transactions, Ms. Young's direct beneficial ownership of Class A Common Stock stands at 514,484 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. While shares were disposed, it was for tax purposes related to the vesting of performance-based awards, indicating successful achievement of performance metrics.
Positives
- The vesting of 8,293 Performance Restricted Stock Units (PSUs) indicates that performance targets associated with the award, granted on June 1, 2022, were met.
Negatives
- A total of 9,601 shares were disposed of to cover tax withholding obligations, resulting in a net reduction of shares beneficially owned by the insider after the vesting event.
Future Outlook
This Form 4 filing reports past transactions and does not provide forward-looking statements or guidance.
Industry Context
This filing is a standard insider transaction report, reflecting executive compensation and tax compliance, and does not directly relate to broader industry trends or competitive dynamics.
Stakeholder Impact
- Shareholders: Provides transparency into changes in executive stock ownership, which is a routine aspect of executive compensation.
Key Dates
| Date | Description |
|---|---|
| June 1, 2022 | Original grant date of the Performance Restricted Stock Unit (PSU) award. |
| 06/02/2025 | Transaction date for the vesting of PSUs and subsequent share disposition for tax withholding. |
| 06/04/2025 | Date the Form 4 filing was signed and submitted. |
Keywords
Advantage Solutions, ADV, Form 4, Insider Transaction, Stock Vesting, Restricted Stock Units, Performance Share Units, Andrea Young, Executive Compensation
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