Advantage Solutions (ADV) officer reports 13,846-share holding
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Advantage Solutions Inc. officer George Ricardo Johnson filed an initial Form 3 reporting beneficial ownership of 13,846 shares of Class A Common Stock held directly. Footnotes state this amount reflects a 1-for-25 reverse stock split effective March 26, 2026 and includes restricted stock units that vest in three equal annual installments starting April 4, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Johnson George Ricardo
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 13,846 shares (Direct)
Footnotes (1)
- Represents restricted stock units (RSUs), which are 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, April 4, 2025. The amount of shares reported herein reflects a 1-for-25 reverse stock split that was effected by the Issuer on March 26, 2026.
FAQ
What does George Ricardo Johnson report owning in Advantage Solutions (ADV)?
He reports beneficial ownership of 13,846 shares of Class A Common Stock held directly. This figure reflects adjustments from a 1-for-25 reverse stock split and includes restricted stock units scheduled to vest over three years.
Is the Advantage Solutions (ADV) Form 3 a buy or sell transaction?
The Form 3 is not a buy or sell report. It is an initial statement of beneficial ownership showing existing holdings, including shares and restricted stock units, rather than documenting a new purchase or sale in the market.
How are the restricted stock units for ADV scheduled to vest?
The restricted stock units are scheduled to vest in equal installments on each of the first, second, and third anniversaries of the grant date, April 4, 2025, providing a three-year vesting schedule tied to continued service.
How did the reverse stock split affect Advantage Solutions (ADV) holdings?
The reported 13,846-share amount reflects a 1-for-25 reverse stock split that the company effected on March 26, 2026. The split consolidated existing shares, reducing the share count while proportionally adjusting ownership positions.
What role does George Ricardo Johnson hold at Advantage Solutions (ADV)?
He is identified as an officer of Advantage Solutions Inc., with the specific title referenced in the remarks section. The Form 3 links his officer status to the reported holdings in the company’s Class A Common Stock and restricted stock units.