Taylor Michael Larry 4
Research Summary
AI-generated summary
Advantage Solutions (ADV) COO Taylor Michael Larry Sells 1,291 Shares
What Happened
Taylor Michael Larry, Chief Operating Officer, Retailer Services at Advantage Solutions (ADV), had 1,291 shares disposed (withheld) on April 6, 2026 to satisfy tax withholding on vesting restricted stock units. The shares were valued at $23.55 each, for a total withholding of approximately $30,403. This was a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date: 2026-04-06; Filing date: 2026-04-08 (filed within the typical Form 4 reporting window).
- Price per share: $23.55; Shares disposed/withheld: 1,291; Total value: ~$30,403.
- Transaction code: F — payment of exercise price or tax liability (here, tax withholding on RSU vesting).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes:
- F1: Shares were withheld by the company to satisfy tax withholding requirements on vesting of restricted stock units.
- F2: Reported share amounts reflect a 1-for-25 reverse stock split effected on March 26, 2026.
Context
Tax-withholding dispositions on RSU vesting are routine internal transactions to cover tax obligations and are not the same as a deliberate open-market sale. Such withholdings generally do not signal insider sentiment about the company’s prospects.