Advantage Solutions (ADV) CFO reports RSU tax withholding and updated holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Advantage Solutions Inc. Chief Financial Officer Christopher Growe reported a routine tax-related share disposition. On April 6, 2026, 1,701 shares of Class A Common Stock were withheld by the company at $23.55 per share to cover tax obligations on vesting restricted stock units.
After this withholding, Growe directly holds 14,383 shares of Class A Common Stock. He also has an additional 9,760 shares held indirectly through a family trust. The reported share amounts reflect a 1-for-25 reverse stock split that the company implemented on March 26, 2026.
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 | 1,701 | $23.55 | $40K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 14,383 shares (Direct);
Class A Common Stock — 9,760 shares (Indirect, By Family Trust)
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
Tax-withheld shares: 1,701 shares
Withholding price: $23.55 per share
Direct holdings after transaction: 14,383 shares
+2 more
5 metrics
Tax-withheld shares
1,701 shares
Shares withheld for tax on RSU vesting on April 6, 2026
Withholding price
$23.55 per share
Valuation used for 1,701 withheld shares
Direct holdings after transaction
14,383 shares
CFO’s direct Class A Common Stock after tax withholding
Indirect holdings via family trust
9,760 shares
Class A Common Stock held indirectly by family trust
Reverse stock split ratio
1-for-25
Split effected March 26, 2026; all amounts adjusted
Key Terms
restricted stock units, reverse stock split, tax withholding requirements, family trust
4 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.
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 requirements financial
"shares withheld by the Company to satisfy tax withholding requirements"
family trust financial
"nature_of_ownership": "By Family Trust""
FAQ
What insider transaction did Advantage Solutions (ADV) report for its CFO?
Advantage Solutions reported a tax-withholding transaction for its CFO. On April 6, 2026, 1,701 Class A Common shares were withheld at $23.55 each to satisfy tax obligations on vesting restricted stock units, rather than being sold on the open market.