Form 4: Advantage Solutions Inc. Director James M. Kilts Increases Stake in Company
SEC Form 4 Filing
Director James M. Kilts reports purchasing additional shares of Advantage Solutions Inc., increasing his total holdings.
Summary
- On May 19, 2025, James M. Kilts, a director of Advantage Solutions Inc., purchased 31,740 shares of Class A Common Stock at a weighted average price of $1.2283.
- The purchases were made in multiple transactions with prices ranging from $1.21 to $1.28.
- Following this transaction, Kilts directly owns 998,763 shares.
- On May 20, 2025, Kilts purchased an additional 21,122 shares of Class A Common Stock at a weighted average price of $1.2803.
- These shares were purchased in multiple transactions with prices ranging from $1.25 to $1.30.
- Following this transaction, Kilts directly owns 1,019,885 shares.
- Kilts has granted power of attorney to Bryce Robinson, Trevor Sullivan, and Christopher Growe to handle SEC filings related to his Advantage Solutions Inc. holdings.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director increasing their stake is generally a good sign, but the document itself is simply a regulatory filing.
Positives
- A director increasing their stake in the company can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure related to insider trading activity. Monitoring such filings can provide insights into management's sentiment and confidence in the company's performance.
Stakeholder Impact
- Shareholders may view the director's increased investment positively.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Date of Power of Attorney execution and initial share purchase. |
| 05/19/2025 | Kilts purchased 31,740 shares of Class A Common Stock. |
| 05/20/2025 | Kilts purchased 21,122 shares of Class A Common Stock. |
| 05/21/2025 | Date of filing. |
Keywords
Advantage Solutions Inc., James M. Kilts, Director, Share Purchase, Class A Common Stock, SEC Form 4, Beneficial Ownership, Power of Attorney
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