PEACOCK DAVID A 4
Research Summary
AI-generated summary
Advantage Solutions CEO David Peacock Receives 5M Option Award
What Happened
- David A. Peacock, CEO of Advantage Solutions Inc. (ADV), received a grant (transaction code A) of derivative securities on 2026-03-13 covering 5,000,000 shares. The filing reports an exercise/price of $0.00 and thus shows $0 cash paid at grant. This award is reported as a stock option grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (timely within required filing window).
- Instrument: Derivative (stock option) — 5,000,000 share equivalents; price reported $0.00.
- Vesting: Footnote F1 — vests in five equal annual installments beginning March 13, 2027 (1/5 each year).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Transaction code: A = Grant/Award (not a purchase or sale).
- No immediate sale or exercise reported.
Context
- This is a compensation/retention-style award (long-term incentive) rather than a market purchase or disposition. Because the award vests over several years, it does not represent immediate transferable ownership until vesting/exercise occurs. The $0.00 figure reflects the reported grant terms in the filing; any future value depends on vesting and the company’s stock price at or after vesting/exercise.