Advantage Solutions Inc. Reports Executive and Director Changes

TL;DR

Advantage Solutions Inc. is shuffling its execs and board, with new compensation plans in play.

AI Summary

Advantage Solutions Inc. announced on August 18, 2025, changes in its board of directors and executive compensation arrangements. Specifically, the company reported the departure of certain officers and the election of new directors, alongside updates to compensatory arrangements for its key executives.

Why It Matters

Changes in leadership and executive compensation can signal shifts in company strategy or financial health, impacting investor confidence and stock performance.

Risk Assessment

Risk Level: medium — Changes in executive and director positions, along with compensation adjustments, can introduce uncertainty about future company direction and performance.

Key Players & Entities

• Advantage Solutions Inc. (company) — Registrant
• August 18, 2025 (date) — Date of earliest event reported
• Conyers Park II Acquisition Corp. (company) — Former company name

FAQ

Key Financial Figures

• $0.0001 — hich registered Class A common stock, $0.0001 par value per share ADV NASDAQ Glob
• $11.50 — A common stock at an exercise price of $11.50 per share ADVWW NASDAQ Global Selec
• $525,000 — s. Young's salary would be reduced from $525,000 per year to $60,000, (ii) Ms. Young wil
• $60,000 — ld be reduced from $525,000 per year to $60,000, (ii) Ms. Young will continue to serve

Filing Documents

• adv-20250818.htm (8-K) — 51KB
• adv-ex10_1.htm (EX-10.1) — 142KB
• 0000950170-25-110948.txt ( ) — 404KB
• adv-20250818.xsd (EX-101.SCH) — 96KB
• adv-20250818_htm.xml (XML) — 6KB

02

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Young Transition Agreement Effective as of August 18, 2025, Andrea Young, previously a named executive officer of Advantage Solutions Inc. (the "Company"), entered into a transition agreement (the "Transition Agreement") with a subsidiary of the Company. The Transition Agreement provides that (i) effective August 18, 2025, Ms. Young's salary would be reduced from $525,000 per year to $60,000, (ii) Ms. Young will continue to serve such subsidiary in a non-executive employment capacity through August 15, 2026, or such earlier date as set forth in the Transition Agreement (the "Transition Date"), and (iii) effective as of the Transition Date, Ms. Young will cease to be an employee of such subsidiary of the Company. Pursuant to the Transition Agreement, Ms. Young will be entitled to receive the following severance benefits: (i) cash severance equal to $525,000, payable over the 12-month period following the Transition Date, (ii) 18 months of continued health insurance coverage, with Ms. Young only having to pay the active employee rate, and (iii) with respect to Ms. Young's outstanding equity awards, (A) continued vesting of her outstanding equity awards in accordance with their existing vesting schedules through the Transition Date, (B) following the Transition Date, continued vesting of certain restricted stock units and performance restricted stock units that are scheduled to vest in October 2026, and (C) following the Transition Date, continued vesting of her outstanding stock options that are scheduled to vest in April 2027 and April 2028 (and the exercise period of the stock options has been extended to three years from the Transition Date). The Transition Agreement further provides that Ms. Young's heirs and estate are entitled to the severance benefits if Ms. Young dies prior to the Transition Date. Ms

Financial Statements and Exhibits

Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 10.1# Transition Agreement, dated August 18, 2025, by and between Andrea Young and Club Demonstration Services, Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) # Certain of the exhibits and schedules to this Exhibit have been omitted in accordance with Regulation S-K Item 601(a)(5). The Registrant agrees to furnish a copy of all omitted exhibits and schedules to the Securities and Exchange Commission upon its request.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: August 22, 2025 ADVANTAGE SOLUTIONS INC. By: /s/ Christopher Growe Christopher Growe Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR