Advantage Solutions (ADV) COO stock withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Advantage Solutions Inc. reported a routine tax-related share disposition by COO, Retailer Services, Michael Larry Taylor. On April 6, 2026, 1,291 shares of Class A Common Stock were withheld by the company at $23.55 per share to satisfy tax withholding on the vesting of restricted stock units, rather than being sold in the open market. After this withholding, Taylor directly owned 27,343 shares of Class A Common Stock. The reported share amounts reflect a 1-for-25 reverse stock split that the issuer effected on March 26, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Taylor Michael Larry
Role
COO, Retailer Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,291 | $23.55 | $30K |
Holdings After Transaction:
Class A Common Stock — 27,343 shares (Direct)
Footnotes (1)
- Represents shares withheld by the Company to satisfy tax withholding requirements on vesting of restricted stock units. The amount of shares reported herein reflects a 1-for-25 reverse stock split that was effected by the Issuer on March 26, 2026.
Key Figures
Shares withheld for taxes: 1,291 shares
Implied price per share: $23.55 per share
Shares owned after transaction: 27,343 shares
+1 more
4 metrics
Shares withheld for taxes
1,291 shares
Tax withholding on RSU vesting on April 6, 2026
Implied price per share
$23.55 per share
Value used for tax-withholding disposition
Shares owned after transaction
27,343 shares
Direct Class A Common Stock holdings after withholding
Reverse stock split ratio
1-for-25
Issuer reverse stock split effective March 26, 2026
Key Terms
restricted stock units, reverse stock split, tax withholding, Class A Common Stock
4 terms
restricted stock units financial
"to satisfy tax withholding requirements on vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
reverse stock split financial
"reflects a 1-for-25 reverse stock split that was effected"
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
tax withholding financial
"to satisfy tax withholding requirements on vesting of restricted stock units"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
Class A Common Stock financial
"Represents shares withheld by the Company to satisfy tax"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did Advantage Solutions (ADV) COO report in this Form 4?
The COO reported a tax-withholding disposition of company stock. The company withheld 1,291 shares of Class A Common Stock to cover taxes due when restricted stock units vested, a routine compensation-related event.
Was the Advantage Solutions (ADV) COO’s Form 4 transaction an open-market stock sale?
No, the Form 4 shows a tax-withholding transaction, not an open-market sale. Shares were withheld by the company to satisfy RSU-related tax obligations, meaning the executive did not actively sell shares on the market.