Johnson George Ricardo 4
4 · Advantage Solutions Inc. · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
Advantage (ADV) COO George Ricardo Receives RSU and PSU Awards
What Happened
George Ricardo, Chief Operating Officer, Demonstration Services and Workforce Operations at Advantage Solutions (ADV), received equity awards on 2026-04-29: 13,462 restricted stock units (RSUs) and 5,769 performance restricted stock units (PSUs). Both grants show $0 cash price (standard for equity awards); total cash paid = $0. These are awards (compensation), not open-market purchases or sales.
Key Details
- Transaction date: 2026-04-29; Form 4 filed 2026-05-01 (timely within the 2-business-day filing window).
- RSUs: 13,462 units, $0 per share; vest in three equal annual installments (first, second, third anniversaries of grant). (Footnote F1)
- PSUs: 5,769 units (derivative award), $0 per share; vesting on the third anniversary and is performance‑based (Advantage Cash Earnings and Adjusted EBITDA Margin); payout may range from 0% to 200% of target. (Footnote F2)
- Shares owned after the transaction: not specified in the information provided in this summary/filing.
- Transaction code: A (award/grant). No indication of a 10b5-1 plan, tax‑withholding sale, or late filing.
Context
- RSUs are a time‑based compensation award that convert into common shares as they vest; PSUs are performance‑based and may result in more or fewer shares depending on achievement of specified metrics.
- Equity awards are routine compensation for executives and do not by themselves indicate a buy or sell decision; they simply increase potential future exposure to the company's stock subject to vesting and performance conditions.
Insider Transaction Report
Form 4
Johnson George Ricardo
See Remarks
Transactions
- Award
Class A Common Stock
[F1]2026-04-29+13,462→ 25,907 total - Award
Performance Restricted Stock Unit
[F2]2026-04-29+5,769→ 5,769 total→ Class A Common Stock (5,769 underlying)
Footnotes (2)
- [F1]Represents an award of restricted stock units (RSUs) that is a contingent right to receive Class A Common Stock upon vesting. The RSUs are scheduled to vest in equal installments on each of the first, second and third anniversaries of the grant date.
- [F2]Represents an award of performance restricted stock units (PSUs) that is a contingent right to receive Class A Common Stock upon vesting. Subject to the achievement of certain performance conditions based on Advantage Cash Earnings and Adjusted EBITDA Margin, the PSUs are scheduled to vest on the third anniversary of the grant date and may vest from 0% to 200% of the target number of PSUs reported on this Form 4.
Signature
/s/ Bryce Robinson, Attorney-in-fact|2026-05-01