ADV.NASDAQAdvantage Solutions INC
Form 4: Advantage Solutions Inc. COO Michael Larry Taylor Reports Changes in Beneficial Ownership
Sentiment:
SEC Form 4 Filing
COO Michael Larry Taylor of Advantage Solutions Inc. reports the vesting of performance-based restricted stock units and shares withheld for tax obligations.
Summary
- On March 11, 2025, Michael Larry Taylor, COO of Retailer Services at Advantage Solutions Inc., reported changes in beneficial ownership of Class A Common Stock.
- A performance restricted stock unit (PSU) award originally granted on March 11, 2022, vested, resulting in the acquisition of 12,665 shares.
- The company withheld 6,615 shares to satisfy tax withholding requirements related to the vesting of restricted stock units and PSUs.
- Following these transactions, Taylor directly owns 410,214 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing stock transactions, indicating a neutral sentiment.
Stakeholder Impact
- The vesting of stock options and tax withholding may have a minor impact on the company's earnings per share.
Key Dates
| Date | Description |
|---|---|
| March 11, 2022 | Original grant date of the Performance Restricted Stock Unit (PSU) award |
| March 11, 2025 | Date of transaction: vesting of PSU and withholding of shares for taxes |
| March 13, 2025 | Date of signature for the report |
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