4/A: Advantage Solutions Inc. Executive Corrects Stock Option Grant Details in Amended SEC Filing
SEC Filing
Jack Anthony Pestello, COO of Branded Services at Advantage Solutions Inc., files an amendment to a previous Form 4 to correct the number of stock options granted on April 19, 2024.
Summary
- Jack Anthony Pestello, COO of Branded Services at Advantage Solutions Inc., filed an amended Form 4 with the SEC.
- The amendment corrects the number of stock options granted to Pestello on April 19, 2024.
- The corrected filing shows that Pestello was granted 220,219 stock options at an exercise price of $4.33.
- The stock options vest in equal installments over three years from the grant date and expire on April 19, 2031.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the equity-based compensation of key executives.
Stakeholder Impact
- Shareholders may be interested in the details of executive compensation.
- Employees may be interested in the details of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 04/19/2024 | Date of original stock option grant |
| 04/23/2024 | Date of original Form 4 filing |
| 02/14/2025 | Date of signature on the amended form |
| 04/19/2031 | Expiration date of the stock options |
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