Advantage Solutions Inc.·4

Mar 24, 4:30 PM ET

KILTS JAMES M 4

Research Summary

AI-generated summary

Updated

Advantage Solutions (ADV) Director James M. Kilts Buys Stock

What Happened
James M. Kilts, a director of Advantage Solutions Inc. (ADV), reported purchases of a total 64,553 shares (P = purchase) in two open-market/private transactions. On 2026-03-20 he acquired 33,554 shares at a weighted-average price of $0.77 (total ≈ $25,773). On 2026-03-23 he acquired 30,999 shares at a weighted-average price of $0.79 (total ≈ $24,523). Combined, the transactions cost roughly $50,296. These were purchases (insider buying), which some investors view as a potentially bullish signal, though motivations are not disclosed.

Key Details

  • Transaction dates: 2026-03-20 and 2026-03-23 (reported on Form 4 filed 2026-03-24). Filing appears timely (within required business-day window).
  • Prices reported as weighted averages:
    • 3/20 block: $0.77 weighted-average; purchases in that block ranged from $0.7432 to $0.80 (see footnote F1).
    • 3/23 block: $0.79 weighted-average; purchases in that block ranged from $0.77 to $0.80 (see footnote F2).
  • Total shares bought: 64,553; total cash spent: ≈ $50,296.
  • Shares owned after transaction: Not disclosed in the excerpt provided.
  • Footnotes: Both purchases were reported using weighted-average prices; the reporting person offers to provide transaction-level detail on request (per footnotes F1 and F2).
  • Transaction code: P = Purchase.

Context
These were open-market/private purchases by a company director. Purchases are factual data points investors often track as potential signals of insider confidence, but they do not by themselves prove future performance. No options exercises, gifts, or tax-withholding actions were reported in the provided filing excerpt.