Advantage Solutions (ADV) CAO awarded 16,000 RSUs vesting over three years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gore Daniel reported acquisition or exercise transactions in this Form 4 filing.
Advantage Solutions Inc. Chief Accounting Officer Daniel Gore received a grant of 16,000 restricted stock units, representing a contingent right to receive Class A Common Stock upon vesting. The RSUs are scheduled to vest in three equal installments on each of the first, second, and third anniversaries of the grant date.
Following this award, Gore directly holds 22,665 shares of Class A Common Stock. This is a compensation-related equity grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gore Daniel
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 16,000 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 22,665 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 16,000 units
Shares after transaction: 22,665 shares
Vesting schedule: 3 equal installments
+1 more
4 metrics
RSU grant size
16,000 units
Restricted stock units awarded to CAO Daniel Gore
Shares after transaction
22,665 shares
Class A Common Stock directly held after grant
Vesting schedule
3 equal installments
On first, second, and third anniversaries of grant date
Reported price per share
$0.0000
Form 4 transaction price for RSU grant (compensation award)
Key Terms
restricted stock units (RSUs), Class A Common Stock, vesting, grant, award, or other acquisition
4 terms
restricted stock units (RSUs) financial
"Represents an award of restricted stock units (RSUs) that is a contingent right to receive Class A Common Stock"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Class A Common Stock financial
"contingent right to receive Class A Common Stock upon vesting"
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.
vesting financial
"The RSUs are scheduled to vest in equal installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant, award, or other acquisition financial
"transaction code description indicates Grant, award, or other acquisition"
FAQ
What insider transaction did Advantage Solutions (ADV) report for Daniel Gore?
Advantage Solutions reported that Chief Accounting Officer Daniel Gore received 16,000 restricted stock units as an equity award. These RSUs give him the right to receive Class A Common Stock if vesting conditions are met, increasing his direct holdings to 22,665 shares.
Is the Daniel Gore Form 4 for Advantage Solutions (ADV) a stock purchase or a grant?
The filing reflects a stock grant, not a market purchase. Daniel Gore was awarded 16,000 restricted stock units at no cash exercise price, as part of compensation. The RSUs convert into Class A Common Stock only as they vest over three years.
How will Daniel Gore’s 16,000 RSUs at Advantage Solutions (ADV) vest?
The 16,000 restricted stock units are scheduled to vest in three equal installments. Vesting occurs on each of the first, second, and third anniversaries of the grant date, gradually delivering Class A Common Stock to Daniel Gore over that period.
What does a restricted stock unit (RSU) grant mean for Advantage Solutions (ADV) insiders?
A restricted stock unit grant provides a contingent right to receive company shares if vesting conditions are satisfied. For Advantage Solutions, Daniel Gore’s 16,000 RSUs will convert into Class A Common Stock over three years, aligning part of his compensation with shareholder equity.