KILTS JAMES M 4
4 · Advantage Solutions Inc. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Advantage Solutions (ADV) Director James M. Kilts Buys 16,759 Shares
What Happened James M. Kilts, a director of Advantage Solutions Inc. (ADV), reported an open-market purchase of 16,759 shares on March 11, 2026. The weighted-average purchase price was $0.70 per share, for a total reported outlay of approximately $11,725. This was a purchase (code P), which insiders’ buys are often viewed as a more direct signal of confidence than routine sales.
Key Details
- Transaction date: 2026-03-11 (reported on Form 4 filed 2026-03-13; filed within the typical 2-business-day window)
- Price: weighted-average $0.70; purchases occurred at prices ranging from $0.6965 to $0.70 (see footnote F1)
- Shares acquired: 16,759; total value ≈ $11,725
- Shares owned after transaction: not specified in the provided filing details
- Footnote F1: price shown is a weighted average; the reporting person will provide breakdown of amounts purchased at each price in the stated range upon request
- No 10b5-1 plan, tax withholding, option exercise, or gift noted in this filing
Context This was a small, straightforward open-market purchase by a company director. While purchases can be informative, the dollar amount here (~$11.7k) is modest; investors should consider trade size, timing, and other company fundamentals alongside insider activity.
Insider Transaction Report
- Purchase
Class A Common Stock
[F1]2026-03-11$0.70/sh+16,759$11,725→ 1,532,106 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $0.6965 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.