Manherz Robin 4

What Happened Robin Manherz, a director of Advantage Solutions Inc. (ADV), received a grant of 4,477 restricted stock units (RSUs) on May 27, 2026. The RSUs were awarded at $0.00 (they are a contingent right to receive Class A common stock upon vesting), so the reported acquisition value is $0. The award is coded as an "A" (grant/award).

Key Details

• Transaction date and price: 2026-05-27; 4,477 RSUs @ $0.00.
• Filing: Form 4 filed May 29, 2026 (reporting period 2026-05-27) — appears to be timely.
• Shares owned after transaction: not disclosed in the provided excerpt.
• Footnotes: F1 — RSUs are a contingent right to receive Class A common stock and vest on the earlier of one year from grant or the day before the first annual meeting after the grant. F2 — reported share amount reflects a 1-for-25 reverse stock split effective March 26, 2026.
• Transaction code: A = Award/Grant of equity-based compensation.

Context RSU grants are a form of compensation and only convert to actual shares upon vesting, so this award does not represent an open-market purchase or sale. The reverse split adjustment (1-for-25) changed reported share counts; the economic value depends on the stock price at vesting. For retail investors, RSU grants are routine for directors and executives and should be viewed as compensation-related rather than a direct signal of buying or selling intent.