Equity grants for Advantage Solutions (NYSE: ADV) executive
Rhea-AI Filing Summary
Taylor Michael Larry reported acquisition or exercise transactions in this Form 4 filing.
Advantage Solutions Inc. officer Michael Larry Taylor received new equity awards in the form of stock units. He was granted 23,692 restricted stock units, each representing a contingent right to receive Class A Common Stock that vests in three equal annual installments from the grant date.
He was also granted 10,154 performance restricted stock units tied to Advantage Cash Earnings and Adjusted EBITDA Margin. These performance units are scheduled to vest on the third anniversary of the grant date and can ultimately settle from 0% to 200% of the target amount. Following these awards, Taylor directly holds 50,648 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 23,692 shares
Net Buy
2 txns
Insider
Taylor Michael Larry
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Restricted Stock Unit | 10,154 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 23,692 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Restricted Stock Unit — 10,154 shares (Direct);
Class A Common Stock — 50,648 shares (Direct)
Footnotes (2)
- F1. Represents an award of restricted stock units (RSUs) that is a contingent right to receive Class A Common Stock upon vesting. The RSUs are scheduled to vest in equal installments on each of the first, second and third anniversaries of the grant date.
- F2. Represents an award of performance restricted stock units (PSUs) that is a contingent right to receive Class A Common Stock upon vesting. Subject to the achievement of certain performance conditions based on Advantage Cash Earnings and Adjusted EBITDA Margin, the PSUs are scheduled to vest on the third anniversary of the grant date and may vest from 0% to 200% of the target number of PSUs reported on this Form 4.
Key Figures
Restricted stock units granted: 23,692 units
Performance stock units granted: 10,154 units
Shares held after transaction: 50,648 shares
+1 more
4 metrics
Restricted stock units granted
23,692 units
Award of RSUs vesting over three years from grant date
Performance stock units granted
10,154 units
PSU award vesting on third anniversary, 0%–200% payout range
Shares held after transaction
50,648 shares
Direct holdings of Class A Common Stock after grants
PSU vesting range
0%–200% of target
Based on Advantage Cash Earnings and Adjusted EBITDA Margin
Key Terms
restricted stock units (RSUs), performance restricted stock units (PSUs), Advantage Cash Earnings, Adjusted EBITDA Margin
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.
performance restricted stock units (PSUs) financial
"Represents an award of performance restricted stock units (PSUs) that is a contingent right to receive Class A Common Stock"
Advantage Cash Earnings financial
"Subject to the achievement of certain performance conditions based on Advantage Cash Earnings and Adjusted EBITDA Margin"
Adjusted EBITDA Margin financial
"Subject to the achievement of certain performance conditions based on Advantage Cash Earnings and Adjusted EBITDA Margin"
Adjusted EBITDA margin shows how much profit a company makes from its core operations, expressed as a percentage of its total revenue, after removing certain one-time or unusual expenses and income. It helps investors understand the company's true earning ability from regular business activities, making it easier to compare performance over time or with other companies. Think of it as measuring the efficiency of a business in turning sales into profits, excluding irregular adjustments.
FAQ
What equity awards did Michael Larry Taylor receive from Advantage Solutions (ADV)?
Michael Larry Taylor received 23,692 restricted stock units and 10,154 performance restricted stock units. Both represent contingent rights to receive Advantage Solutions Class A Common Stock, granted at no cash cost, subject to multi-year vesting schedules and, for PSUs, performance conditions.
How do the new restricted stock units for ADV’s officer vest?
The 23,692 restricted stock units vest in three equal installments on the first, second, and third anniversaries of the grant date. Each vested unit converts into one share of Advantage Solutions Class A Common Stock, aligning compensation with long-term shareholder value over several years.
What performance conditions apply to ADV’s new performance stock units?
The 10,154 performance restricted stock units vest based on Advantage Cash Earnings and Adjusted EBITDA Margin, measured over a multi-year period. They are scheduled to vest on the third anniversary of the grant date and may settle between 0% and 200% of the target units.
Are the new ADV equity awards market purchases or compensation grants?
The transactions are compensation-related grants, not market purchases. Both the restricted stock units and performance restricted stock units were awarded at a reported price of $0.00 per unit, reflecting stock-based compensation rather than open-market buying activity by the officer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
