ADV Form 4 — 144,508 RSUs Awarded to COO, Vesting Over 3 Years

Rhea-AI Filing Summary

Harsh Jeffrey Stephen, Chief Operating Officer, Branded Services at Advantage Solutions Inc. (ADV), was granted 144,508 restricted stock units (RSUs) on 09/02/2025. The RSUs are a contingent right to receive Class A Common Stock upon vesting and carry a reported price of $0.00. The RSUs are scheduled to vest in equal installments on each of the first, second and third anniversaries of the grant date, and the filing reports 144,508 shares beneficially owned following the transaction. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 09/04/2025.

Positive

• 144,508 RSUs granted to the COO, reported as a contingent right to Class A Common Stock
• Vesting schedule disclosed: RSUs vest in equal installments on each of the first, second and third anniversaries

Negative

• None.

Insights

Financial Analyst

TL;DR: A routine executive equity award: 144,508 RSUs granted to the COO, vesting over three years, representing compensation rather than a market trade.

The reported grant is presented as restricted stock units with a $0.00 reported price and scheduled vesting in equal annual installments over three years. This type of award typically aligns executive compensation with shareholder outcomes but is a non-derivative, contingent grant rather than an open-market purchase or sale. The immediate investor impact is limited because the award vests over time and does not reflect a change in currently tradable share count.

Corporate Governance Expert

TL;DR: Governance disclosure is complete and timely for an executive RSU grant; no red flags in the filing.

The Form 4 clearly identifies the reporting person, role (COO, Branded Services), transaction date, quantity of RSUs (144,508), and vesting schedule. The filing indicates the award is a contingent right to Class A Common Stock upon vesting. The signature by an attorney-in-fact is properly shown with a date. From a governance perspective, this is a standard equity-compensation disclosure with no explicit governance concerns disclosed in the document.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Harsh Jeffrey Stephen

(Last) (First) (Middle)

C/O ADVANTAGE SOLUTIONS INC.

8001 FORSYTH BLVD., SUITE 1025

(Street)

CLAYTON MO 63105

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Advantage Solutions Inc. [ ADV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	COO, Branded Services

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/02/2025		A		144,508(1)	A	$0.00	144,508	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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 in equal installments on each of the first, second and third anniversaries of the grant date.

	/s/ Bryce Robinson, Attorney-in-Fact	09/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Advantage Solutions (ADV) report on the Form 4 filed for Harsh Jeffrey Stephen?

The Form 4 reports a grant of 144,508 restricted stock units (RSUs) to Harsh Jeffrey Stephen, COO, on 09/02/2025.

How will the RSUs granted to the COO vest?

The RSUs are scheduled to vest in equal installments on each of the first, second and third anniversaries of the grant date.

What is the reported price for the RSU award on the Form 4?

The filing reports a price of $0.00 for the RSU award, indicating a grant rather than a purchase.

How many shares does the reporting person beneficially own after the reported transaction?

The Form 4 shows 144,508 shares beneficially owned following the reported transaction.

Who signed the Form 4 and when?

The Form 4 was signed by Bryce Robinson, Attorney-in-Fact on 09/04/2025.