CEO Peacock of Advantage Solutions (ADV) gains 287,736 vested shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Advantage Solutions Inc. director and Chief Executive Officer David A. Peacock exercised performance-based restricted stock units that converted into 287,736 shares of Class A common stock on March 9, 2026. These PSUs were originally granted on March 8, 2023 and vested at more than 100% of their target level, reflecting above-target performance under the award’s terms.
Following the conversion, Peacock directly holds 3,989,102 shares of Class A common stock. To cover tax obligations from the vesting, he paid the required amounts in cash, so no shares were sold or withheld in connection with this event. The filing reflects a compensation-related equity vesting rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
287,736 shares exercised/converted
Mixed
2 txns
Insider
PEACOCK DAVID A
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Restricted Stock Unit | 287,736 | $0.00 | -- |
| Exercise | Class A Common Stock | 287,736 | $0.00 | -- |
Holdings After Transaction:
Performance Restricted Stock Unit — 0 shares (Direct);
Class A Common Stock — 3,989,102 shares (Direct)
Footnotes (1)
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FAQ
What did ADV CEO David Peacock report in this Form 4 filing?
David Peacock reported the vesting and exercise of a performance restricted stock unit award into 287,736 shares of Advantage Solutions Class A common stock. The filing reflects a compensation-related equity event, not an open-market stock purchase or sale.
What type of equity award vested for Advantage Solutions (ADV) CEO Peacock?
The award was a Performance Restricted Stock Unit (PSU) grant originally issued on March 8, 2023. It vested at greater than 100% of target based on performance conditions, and then converted into the same number of Class A common shares reported in the Form 4.
Does this ADV Form 4 show an open-market buy or sell by David Peacock?
The Form 4 does not show an open-market buy or sell. It records a derivative exercise/conversion of PSUs into common shares at a reported price of $0.00 per share, reflecting equity compensation vesting rather than a market transaction.