Form 4: Advantage Solutions Inc. COO, Experiential Services, Andrea Young, Reports Stock Transaction
SEC Form 4 Filing
Andrea Young, COO of Experiential Services at Advantage Solutions Inc., reports the disposal of 16,885 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 15, 2024, Andrea Young, COO, Experiential Services at Advantage Solutions Inc., disposed of 16,885 shares of Class A Common Stock.
- The transaction was executed to satisfy tax withholding requirements on the vesting of restricted stock units.
- The price per share was $3.91.
- Following the transaction, Andrea Young directly owns 224,931 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine sale of shares to cover tax obligations, with no indication of positive or negative implications for the company's performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock transaction: disposal of 16,885 shares. |
| 03/19/2024 | Date of signature for the report. |
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