Advantage Solutions CFO reports PSU vesting, tax shares
Advantage Solutions Inc. Chief Financial Officer Christopher Growe reported equity compensation-related transactions involving Class A Common Stock and performance-based awards.
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Rhea-AI Filing Summary
Advantage Solutions Inc. Chief Financial Officer Christopher Growe reported equity compensation-related transactions involving Class A Common Stock and performance-based awards. On June 12, 2026, a Performance Restricted Stock Unit (PSU) award originally granted on June 12, 2023 vested, resulting in the exercise of 3,971 PSUs into Class A Common Stock.
To cover tax withholding requirements on the vesting of restricted stock units and PSUs, 2,162 shares of Class A Common Stock were withheld by the company at a price of $39.20 per share. Following these transactions, Growe directly owned 41,542 shares of Class A Common Stock and indirectly held 9,760 shares through a family trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Restricted Stock Unit | 3,971 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,971 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,162 | $39.20 | $85K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents the vesting of a Performance Restricted Stock Unit ("PSU") award originally granted on June 12, 2023.
- F2. Represents shares withheld by the Company to satisfy tax withholding requirements on vesting of restricted stock units and the PSUs.
Key Figures
Key Terms
Performance Restricted Stock Unit financial
tax withholding requirements financial
derivative security financial
family trust financial
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What did Advantage Solutions (ADV) CFO Christopher Growe report in this Form 4?
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