{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-110948","form_type":"8-K","ticker":"ADV","cik":"0001776661","company_name":"Advantage Solutions Inc.","filed_at":"2025-08-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.956118+00:00","generated_at":"2026-05-17T10:38:08.914497+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Executive Andrea Young transitions to non-executive role; salary cut to $60k, severance of $525k","bullets":["Effective August 18, 2025, Andrea Young's salary reduced from $525,000 to $60,000 as she moves to non-executive role.","She will serve through August 15, 2026 (Transition Date), then receive $525,000 cash severance over 12 months.","She will continue vesting in certain equity awards beyond Transition Date, including RSUs and stock options.","She is not eligible for FY2025 bonus; COBRA coverage for 18 months at active employee rate after Transition Date."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-110948","json":"https://secwatch.observer/filing/0000950170-25-110948.json","markdown":"https://secwatch.observer/filing/0000950170-25-110948.md","text":"https://secwatch.observer/filing/0000950170-25-110948.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1776661/000095017025110948/0000950170-25-110948-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1776661/000095017025110948/adv-20250818.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T10:38:08.914497+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}