Advantage Solutions (ADV) executive has 1,401 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Advantage Solutions Inc. executive George Ricardo Johnson reported a routine tax-related share disposition. On April 6, 2026, 1,401 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, Johnson directly owned 12,445 shares of Advantage Solutions Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Johnson George Ricardo
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,401 | $23.55 | $33K |
Holdings After Transaction:
Class A Common Stock — 12,445 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,401 shares
Withholding price per share: $23.55 per share
Shares owned after transaction: 12,445 shares
3 metrics
Shares withheld for taxes
1,401 shares
Class A common stock withheld for tax on RSU vesting April 6, 2026
Withholding price per share
$23.55 per share
Value used for 1,401 withheld shares
Shares owned after transaction
12,445 shares
Direct Class A holdings following tax-withholding event
Key Terms
restricted stock units, Form 4, tax withholding requirements
3 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.
Form 4 regulatory
"reported in the Form 4, reflecting his remaining equity position"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
tax withholding requirements financial
"withheld by the Company to satisfy tax withholding requirements"
FAQ
What insider transaction did Advantage Solutions (ADV) report for George Ricardo Johnson?
Advantage Solutions reported that executive George Ricardo Johnson had 1,401 Class A shares withheld on April 6, 2026 to satisfy tax obligations on vesting restricted stock units, rather than executing an open-market sale, as disclosed in a Form 4 insider filing.
Was the ADV insider transaction by George Ricardo Johnson an open-market sale?
No, the ADV insider activity was not an open-market sale. The company withheld 1,401 Class A shares at $23.55 per share to cover tax withholding on vesting restricted stock units, a routine compensation-related transaction rather than a discretionary stock sale.
What does the Form 4 footnote reveal about the ADV insider transaction?
The Form 4 footnote explains that the 1,401 Advantage Solutions shares were withheld by the company to meet tax withholding requirements upon vesting of restricted stock units, clarifying that this was a compensation-related tax event, not a discretionary sale in the open market.