Advantage Solutions (ADV) CFO gifts 14,404 shares in family trust transfer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Advantage Solutions Inc. Chief Financial Officer Christopher Growe reported two bona fide gift transactions of Class A Common Stock totaling 14,404 shares on 2026-06-23. The filing notes these shares were transferred by the reporting person into a family trust without consideration.
Following the gifts, indirect holdings held by a family trust stood at 16,962 shares, and direct holdings stood at 34,340 shares. These are non-market, non-cash transfers and do not represent open-market purchases or sales of ADV stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,404 shares gifted
Mixed
2 txns
Insider
Growe Christopher
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 7,202 | $0.00 | -- |
| Gift | Class A Common Stock | 7,202 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 34,340 shares (Direct, null);
Class A Common Stock — 16,962 shares (Indirect, By Family Trust)
Footnotes (1)
- [object Object]
Key Figures
Gifted shares: 14,404 shares
Gift transaction size: 7,202 shares
Indirect holdings after gifts: 16,962 shares
+2 more
5 metrics
Gifted shares
14,404 shares
Total bona fide gifts of Class A Common Stock on 2026-06-23
Gift transaction size
7,202 shares
Each of two bona fide gift transfers
Indirect holdings after gifts
16,962 shares
Class A Common Stock held indirectly by family trust after 2026-06-23
Direct holdings after gifts
34,340 shares
Class A Common Stock held directly after 2026-06-23
Gift price per share
$0.00 per share
Bona fide gift transactions with no consideration
Key Terms
bona fide gift, family trust, Class A Common Stock, indirect ownership
4 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for both Class A Common Stock entries"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
family trust financial
"nature_of_ownership: "By Family Trust" and footnote describing transfer into a family trust"
Class A Common Stock financial
"security_title: "Class A Common Stock" for both reported transactions"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
indirect ownership financial
"ownership_type: "indirect" with nature_of_ownership "By Family Trust""