Advantage Solutions (ADV) CFO updates stock position after RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Advantage Solutions Inc. Chief Financial Officer Christopher Growe reported routine equity compensation activity. On April 20, 2026, 496 shares of Class A Common Stock were withheld by the company at $33.76 per share to cover tax obligations on vesting of restricted stock units. Following this tax-withholding disposition, Growe directly holds 13,887 shares of Class A Common Stock. A separate entry shows an indirect holding of 9,760 shares held through a family trust, which reflects ownership rather than a new market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Growe Christopher
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 496 | $33.76 | $17K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 13,887 shares (Direct, null);
Class A Common Stock — 9,760 shares (Indirect, By Family Trust)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 496 shares
Withholding price: $33.76 per share
Direct holdings after transaction: 13,887 shares
+1 more
4 metrics
Tax-withheld shares
496 shares
Shares withheld for tax on RSU vesting at $33.76
Withholding price
$33.76 per share
Value used for 496 tax-withheld shares
Direct holdings after transaction
13,887 shares
Class A Common Stock directly owned after April 20, 2026
Indirect family trust holdings
9,760 shares
Class A Common Stock held indirectly by family trust
Key Terms
restricted stock units, tax withholding, Family Trust
3 terms
restricted stock units financial
"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.
tax withholding financial
"shares withheld by the Company to satisfy tax withholding requirements"
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.
Family Trust financial
"total_shares_following_transaction 9760.0000 ... nature_of_ownership By Family Trust"