Form 4: Director Robin Manherz Receives RSU Grant at Advantage
Statement of Changes in Beneficial Ownership
Director Robin Manherz was granted 4,477 restricted stock units as part of an equity compensation award.
Summary
- Director Robin Manherz acquired 4,477 restricted stock units (RSUs) of Advantage Solutions Inc. (ADV) on May 27, 2026.
- The RSUs represent a contingent right to receive Class A Common Stock upon vesting.
- Following this transaction, the reporting person holds a total of 18,197 shares of Class A Common Stock.
- The total share count accounts for a 1-for-25 reverse stock split completed on March 26, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation with no material impact on the company's financial outlook.
Positives
- The grant of equity aligns the director's interests with those of shareholders.
Negatives
- None identified.
Risks
- Vesting of the RSUs is subject to time-based conditions, specifically the earlier of the one-year anniversary of the grant or the day before the next annual stockholders' meeting.
Future Outlook
The RSUs are scheduled to vest on the earlier of the one-year anniversary of the grant date or the day immediately preceding the date of the first annual meeting of the Issuer's stockholders occurring after the grant date.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure long-term alignment with shareholder interests in the business services sector.
Comparison to Industry Standards
- The use of RSU grants for director compensation is consistent with standard practices for publicly traded companies of similar market capitalization.
- The vesting schedule aligns with typical one-year director compensation cycles.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation award.
Next Steps
- Vesting of the 4,477 RSUs upon the earlier of the one-year anniversary or the next annual meeting.
Key Dates
| Date | Description |
|---|---|
| 03/26/2026 | Effective date of 1-for-25 reverse stock split. |
| 05/27/2026 | Date of RSU grant transaction. |
| 05/29/2026 | Date of filing. |
Keywords
Advantage Solutions, ADV, Form 4, Insider Trading, Equity Compensation, Director
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