Advantage Solutions Inc.·4

Mar 11, 4:30 PM ET

PEACOCK DAVID A 4

Research Summary

AI-generated summary

Updated

Advantage Solutions (ADV) CEO David Peacock Receives 287,736 Shares

What Happened

  • David A. Peacock, CEO of Advantage Solutions (ADV), received 287,736 shares on March 9, 2026 as the result of vesting/conversion of a Performance Restricted Stock Unit (PSU) award. The reported acquisition price was $0.00 per share (total reported value $0), consistent with vested awards rather than a cash purchase. A related derivative conversion is also reported but does not reflect an open‑market sale.

Key Details

  • Transaction date: 2026-03-09; Transaction type/code: M (exercise/conversion of derivative — PSU vesting); Price: $0.00.
  • Shares received: 287,736 shares. Filing date (Form 4): 2026-03-11 (filed timely).
  • Footnote: The PSU award was originally granted March 8, 2023 and vested at greater than 100% of target. To cover tax withholding, Peacock paid the required amounts in cash; no shares were sold or withheld.
  • Shares owned after the transaction: Not specified in the provided filing details.

Context

  • This was an award/vesting event (PSUs converting to common shares), not a market buy or sale. Because taxes were paid in cash rather than by selling shares, the CEO’s beneficial holding increased by the stated amount. Vesting of long-term awards is common executive compensation and does not, by itself, indicate a change in sentiment about the stock.