Form 4: Advantage Solutions Inc. COO Andrea Young Reports Stock Transactions
SEC Form 4 Filing
Andrea Young, COO of Experiential Services at Advantage Solutions Inc., reports the vesting of performance-based restricted stock units and shares withheld for tax obligations.
Summary
- On October 2, 2024, Andrea Young, COO of Experiential Services at Advantage Solutions Inc., had a transaction involving Class A Common Stock.
- 88,027 Performance Restricted Stock Units (PSUs) vested at a price of $0.00, which were originally granted on October 2, 2023.
- 63,357 shares were withheld by the company at $3.29 per share to satisfy tax withholding requirements on the vesting of restricted stock units and PSUs.
- Following these transactions, Young directly owns 365,790 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in Andrea Young's holdings of Advantage Solutions Inc. stock.
Key Dates
| Date | Description |
|---|---|
| 10/02/2023 | Original grant date of Performance Restricted Stock Unit (PSU) award |
| 10/02/2024 | Vesting date of Performance Restricted Stock Units (PSUs) and tax withholding |
| 10/04/2024 | Date of signature for the Form 4 filing |
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