Form 4: Advantage Solutions Insider Trades Class A Stock
Statement of Changes in Beneficial Ownership
Michael Larry Taylor of Advantage Solutions Inc. reported transactions involving Class A Common Stock and Performance Restricted Stock Units.
Summary
- Michael Larry Taylor, Chief Operating Officer, Retailer Services and Activation at Advantage Solutions Inc., reported a transaction on June 12, 2026.
- This transaction involved the vesting of 7,092 Performance Restricted Stock Units (PSUs) originally granted on June 12, 2023.
- Additionally, 3,403 shares were withheld by the company to cover tax obligations arising from the vesting of restricted stock units and PSUs.
- Following these transactions, Taylor beneficially owns 57,740 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it represents a standard insider transaction related to executive compensation and does not inherently signal positive or negative performance.
Positives
- Vesting of Performance Restricted Stock Units indicates achievement of performance targets or continued service.
- The company is managing tax withholding obligations efficiently through share withholding.
Negatives
- 3,403 shares were disposed of to cover tax withholding, reducing the direct shareholding.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, which primarily reports past transactions.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive compensation and ownership changes within publicly traded companies like Advantage Solutions Inc.
Stakeholder Impact
- Shareholders: Increased transparency into insider holdings and compensation structures.
- Employees: The vesting of PSUs can be a motivator for other employees if tied to company performance.
- Management: Confirms continued beneficial ownership and alignment with company performance through equity awards.
Next Steps
- The reporting person will continue to hold the remaining shares of Class A Common Stock.
- Future transactions, if any, will be reported on subsequent SEC filings.
Key Dates
| Date | Description |
|---|---|
| 06/12/2023 | Original grant date of Performance Restricted Stock Unit (PSU) award. |
| 06/12/2026 | Date of earliest transaction reported; also the vesting date of PSUs and transaction date for share withholding. |
| 06/16/2026 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
Form 4, Insider Trading, Advantage Solutions Inc., Class A Common Stock, Performance Restricted Stock Units, PSU Vesting, Tax Withholding, SEC Filing
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