Advantage Solutions (ADV) CFO reports RSU tax withholding and updated holdings
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.
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Insider Trade Summary
Net Seller: 1,701 shares
Net Sell
2 txns
Insider
Growe Christopher
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | 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 (2)
- F1. Represents shares withheld by the Company to satisfy tax withholding requirements on vesting of restricted stock units.
- F2. 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 reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
tax withholding requirements financial
"shares withheld by the Company to satisfy tax withholding requirements"
family trust financial
"nature_of_ownership": "By Family Trust""
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.