Advantage Solutions (ADV) COO Harsh Stephen Sells 530 Shares (Tax Withholding)

What Happened
Harsh Jeffrey Stephen, Chief Operating Officer, Branded Services at Advantage Solutions (ADV), had 530 shares withheld to satisfy tax withholding on vested restricted stock units. The withholding occurred on Sept 2, 2026, at a per-share price of $31.92, for a total value of approximately $16,918. This is a tax-withholding disposition rather than an open-market sale.

Key Details

• Transaction date and price: Sept 2, 2026 — 530 shares withheld at $31.92 per share.
• Total value of withheld shares: ~$16,918.
• Transaction code: F (shares withheld to satisfy tax withholding on RSU vesting).
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Filing date: Form 4 filed Sept 4, 2026 — appears to be filed within the standard 2-business-day reporting window (timely).

Context
Withholding shares to cover taxes on vested RSUs is a routine corporate practice (often called a “cashless” or “net” settlement) and does not necessarily indicate a change in insider sentiment. It reduces the insider’s outstanding share count but is distinct from a voluntary sale on the open market.