Advantage Solutions Inc.·4

May 29, 4:30 PM ET

KILTS JAMES M 4

Research Summary

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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.