KILTS JAMES M 4
4 · Advantage Solutions Inc. · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Advantage Solutions Director James M. Kilts Receives RSU Award
What Happened
James M. Kilts, a director of Advantage Solutions Inc. (ADV), was granted 4,477 restricted stock units (RSUs) on May 27, 2026. The award is reported at an acquisition price of $0.00 (no cash exchanged). The RSUs are a contingent right to receive Class A common shares upon vesting; vesting is scheduled to occur on the earlier of the one-year anniversary of the grant or the day immediately prior to the issuer’s first annual meeting following the grant. Reported share amounts reflect a 1-for-25 reverse stock split effected March 26, 2026.
Key Details
- Transaction date and price: 2026-05-27 — 4,477 RSUs @ $0.00 (Award, code A)
- Filing date: 2026-05-29 (filed within the standard two-business-day Form 4 window)
- Shares owned after transaction: Not specified in this Form 4 filing
- Notable footnotes:
- F1: RSUs are contingent rights to receive Class A common stock upon vesting (vesting = earlier of one-year anniversary or day before first post-grant annual meeting).
- F2: Reported amounts reflect a 1-for-25 reverse stock split on March 26, 2026.
- F3: Filing notes inclusion of 9,893 Class A shares received in a pro‑rata distribution for no consideration (exempt from reporting under Rule 16a-9).
Context: This transaction is an equity award (compensation/retention vehicle) rather than an open-market buy or sale. RSUs do not transfer economic ownership until they vest and convert to shares; therefore, the grant itself does not involve immediate cash proceeds or a realized gain.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2][F3]2026-05-27+4,477→ 78,236 total
Footnotes (3)
- [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 on the earlier of the one-year anniversary of the date of grant or the day immediately preceding the date of the first annual meeting of the Issuer's stockholders occurring after the grant date.
- [F2]The amount of shares reported herein reflects a 1-for-25 reverse stock split that was effected by the Issuer on March 26, 2026.
- [F3]Includes 9,893 shares of Class A Common Stock received in a pro-rata distribution for no consideration, which was exempt from reporting pursuant to Rule 16a-9.