Advantage Solutions (ADV) CAO has shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Advantage Solutions Inc. Chief Accounting Officer Daniel Gore reported a routine tax-related share disposition. On the vesting of restricted stock units, 1,785 shares of Class A common stock were withheld by the company at $19.19 per share to satisfy tax withholding requirements.
After this withholding, Gore directly held 6,665 shares of Class A common stock. The reported share amounts reflect a 1-for-25 reverse stock split that the company effected on March 26, 2026. The transaction was not an open-market sale but an administrative tax-settlement event.
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 |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,785 | $19.19 | $34K |
Holdings After Transaction:
Class A Common Stock — 6,665 shares (Direct)
Footnotes (1)
- Represents shares withheld by the Company to satisfy tax withholding requirements on vesting of restricted stock units. The amount of shares reported herein reflects a 1-for-25 reverse stock split that was effected by the Issuer on March 26, 2026.
Key Figures
Shares withheld for taxes: 1,785 shares
Tax withholding price: $19.19 per share
Shares held after transaction: 6,665 shares
+1 more
4 metrics
Shares withheld for taxes
1,785 shares
Withheld on RSU vesting for tax obligations
Tax withholding price
$19.19 per share
Value used for withheld Class A common stock
Shares held after transaction
6,665 shares
Direct Class A common stock holdings after withholding
Reverse stock split ratio
1-for-25
Reverse split effected on March 26, 2026
Key Terms
restricted stock units, reverse stock split, 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.
reverse stock split financial
"reflects a 1-for-25 reverse stock split that was effected"
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
tax withholding requirements financial
"withheld by the Company to satisfy tax withholding requirements"
FAQ
What insider transaction did Advantage Solutions (ADV) report for Daniel Gore?
Advantage Solutions reported that Chief Accounting Officer Daniel Gore had 1,785 shares of Class A common stock withheld to cover tax obligations on vested restricted stock units, an administrative disposal rather than an open-market sale.
Was Daniel Gore’s Advantage Solutions (ADV) transaction an open-market sale?
No, Daniel Gore’s transaction was not an open-market sale. The 1,785 shares of Class A common stock were withheld by Advantage Solutions to satisfy tax withholding requirements triggered by the vesting of his restricted stock units.