KILTS JAMES M 4
Research Summary
AI-generated summary
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.