KILTS JAMES M 4
4 · Advantage Solutions Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Advantage Solutions (ADV) Director James Kilts Buys Stock
What Happened
James M. Kilts, a director of Advantage Solutions Inc. (ADV), reported open-market purchases of common stock on March 9–10, 2026. He acquired 66,499 shares on 2026-03-09 at a weighted-average price of $0.61 (total ~$40,850) and 75,368 shares on 2026-03-10 at a weighted-average price of $0.69 (total ~$52,072). Combined, Kilts bought 141,867 shares for approximately $92,922. These were purchases (Form 4 code P), which are generally viewed as more informative than routine sales because they represent an insider adding to holdings.
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-03-09 — 66,499 shares @ $0.61 (weighted avg; actual per-share prices ranged $0.5968–$0.64) [Footnote F1]
- 2026-03-10 — 75,368 shares @ $0.69 (weighted avg; actual per-share prices ranged $0.6764–$0.70) [Footnote F2]
- Total purchased: 141,867 shares for ~$92,922.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Filing: Form 4 filed 2026-03-11 (appears timely under the SEC’s two-business-day reporting rule).
- No 10b5‑1 plan, option exercise, award, gift, or tax‑withholding indicated in the provided details — these were straightforward open-market purchases.
Context
These were straight open-market buys (purchase code P), not option exercises or awards. Footnotes note that the column 4 prices are weighted averages and that the reporting person can provide the exact per-transaction prices within the stated ranges on request. As always, purchases by directors are factual data points about insider activity and should be considered alongside other company and market information rather than taken alone as investment advice.
Insider Transaction Report
- Purchase
Class A Common Stock
[F1]2026-03-09$0.61/sh+66,499$40,850→ 1,439,979 total - Purchase
Class A Common Stock
[F2]2026-03-10$0.69/sh+75,368$52,072→ 1,515,347 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $0.5968 to $0.64. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F2]The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $0.6764 to $0.70. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.