Welcome to our dedicated page for Advantage Solutions SEC filings (Ticker: ADV), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Advantage Solutions Inc. filings document the formal disclosures of an operating company that provides outsourced sales, marketing, merchandising, sampling and retailer support services to consumer goods manufacturers and retailers. Its 8-K reports furnish quarterly and annual results, non-GAAP reconciliations, earnings presentation materials and material-event updates involving operations and financial condition.
The company’s SEC record also covers proxy governance, executive compensation, director elections, officer and board changes, shareholder voting matters and capital-structure actions. Recent filings document amendments to governing documents for a completed 1-for-25 reverse stock split of Class A common stock and material debt transactions involving senior secured notes at Advantage Sales & Marketing Inc.
Ratzan Brian K. reported acquisition or exercise transactions in this Form 4 filing.
Advantage Solutions Inc. director Brian K. Ratzan received an award of 4,477 restricted stock units, which are a contingent right to receive shares of Class A Common Stock upon vesting. These RSUs vest on the earlier of one year from the grant date or the day before the first annual stockholder meeting after the grant date.
Following this award, Ratzan holds 30,750 shares of Class A Common Stock directly. The reported share amounts reflect a 1-for-25 reverse stock split that the company effected on March 26, 2026.
Advantage Solutions Inc. director Robin Manherz received an award of 4,477 restricted stock units (RSUs) of Class A Common Stock as compensation. These RSUs will convert into shares upon vesting, scheduled for the earlier of one year from the grant date or just before the first annual stockholder meeting after the grant date. Following this grant, Manherz directly holds 18,197 shares. The figures in this filing reflect a 1-for-25 reverse stock split that the company effected on March 26, 2026.
Advantage Solutions Inc. director David J. West reported receiving an equity award in the form of Class A Common Stock. He acquired 4,477 shares at no cost through a grant classified as restricted stock units (RSUs), bringing his direct holdings to 18,134 shares.
The RSUs represent a contingent right to receive Class A Common Stock that vests on the earlier of the one-year anniversary of the grant date or the day immediately preceding the first annual meeting of stockholders after the grant date. The reported share amounts reflect a 1-for-25 reverse stock split the company effected on March 26, 2026.
Poole Deborah reported acquisition or exercise transactions in this Form 4 filing.
Advantage Solutions Inc. director Deborah Poole reported receiving an equity grant in the form of 4,477 restricted stock units (RSUs), representing a contingent right to receive Class A Common Stock upon vesting. The RSUs vest on the earlier of one year from grant or immediately before the first stockholders’ annual meeting after the grant date.
Following this award, Poole directly holds 16,307 shares of Class A Common Stock. All reported share amounts reflect a 1-for-25 reverse stock split the company effected on March 26, 2026. The grant was recorded at a price of $0.00 per share, consistent with compensation awards rather than open-market purchases.
Advantage Solutions Inc. held its 2026 annual stockholders meeting, where shareholders elected four directors, ratified the independent auditor, and approved executive pay on an advisory basis. A strong turnout was recorded, with 11,636,123 Class A shares voting, or about 88.7% of the 13,123,995 shares outstanding as of the April 13, 2026 record date.
All four director nominees received more votes for than withheld. Shareholders also approved the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the year ending December 31, 2026 by 11,575,257 votes for, and supported the company’s named executive officer compensation with 10,705,180 votes for.
Advantage Solutions Inc. Chief Executive Officer David A. Peacock bought additional company stock in the open market. He purchased a total of 1,600 shares of Class A Common Stock over two days at a price of $34.60 per share, increasing his direct holdings to 217,164 shares after these transactions.
Karman Topco L.P., a 10% owner of Advantage Solutions Inc., reported an internal restructuring transaction involving 190,324 shares of Class A Common Stock on May 14, 2026. The shares were distributed pro-rata in kind to certain limited partners in exchange for their partnership interests, at a stated price of $0.00 per share, indicating no open-market trade.
After this distribution, Karman Topco L.P. reported holding 6,998,347 shares directly. The filing also notes that the share amounts reflect a 1-for-25 reverse stock split that Advantage Solutions effected on March 26, 2026.
Karman Topco L.P. filed Amendment No. 5 to update its ownership of Advantage Solutions Inc. Class A common stock. On May 14, 2026, it distributed 190,324 shares to certain limited partners in exchange for cancelling their partnership interests. Following this distribution, Karman Topco beneficially owns 6,998,347 shares, representing 52.6% of the Class A common stock. The percentage is based on 13,295,280 shares outstanding as of May 5, 2026, and reflects a 1-for-25 reverse stock split effective March 26, 2026. The reporting person retains sole voting and dispositive power over its remaining shares, and reports no other transactions in the past 60 days.
Advantage Solutions Inc. reported first-quarter 2026 revenue of $869.6 million, up 5.8% year over year, driven mainly by strong Experiential and Retailer Services growth. The company generated operating income of $4.2 million versus a loss a year ago, but net loss widened to $71.8 million largely due to higher income tax expense and $20.4 million of third‑party debt issuance costs tied to a major refinancing.
Adjusted EBITDA rose to $67.7 million from $58.2 million, with Experiential Services Adjusted EBITDA more than doubling. During the quarter, the company completed a significant refinancing, exchanging about $561.4 million of 6.5% senior secured notes into new 9.0% notes due 2030 plus cash, and establishing a new $1.035 billion term loan facility, while repaying $131.3 million of principal. Cash and cash equivalents decreased to $143.9 million, and total long‑term debt stood at $1.59 billion. Advantage also monetized part of its European joint venture for total consideration of about $28 million and recorded a small gain, and incurred $2.2 million of restructuring costs as it transitions certain back‑office functions and restructures Branded Services.
Advantage Solutions Inc. reported higher revenue but a wider loss for the quarter ended March 31, 2026. Revenues rose to $869.6 million from $821.8 million, while net loss increased to $71.8 million from $56.1 million. Adjusted EBITDA grew 16.4% to $67.7 million, lifting Adjusted EBITDA margin to 7.8% from 7.1%.
Experiential Services led growth, with revenue up 22.8% and Adjusted EBITDA more than doubling, while Retailer Services posted modest gains and Branded Services declined. The company ended the quarter with $143.9 million in cash, Net Debt of about $1.45 billion, and a net leverage ratio of 4.2x after paying down $131 million of debt.
For full-year 2026, Advantage reaffirmed guidance for revenues to be flat to up low single digits, Adjusted EBITDA to be flat to down mid-single digits (both excluding divestitures), Adjusted Unlevered Free Cash Flow of $250–$275 million, net free cash flow conversion of roughly 25% of EBITDA, net interest expense of $160–$170 million, and capital expenditures of $50–$60 million.