secwatch.observer — SEC 8-K summary
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Issuer:     Advantage Solutions Inc. (ADV)
CIK:        0001776661
Form:       8-K
Filed at:   2025-08-22T23:59:59+00:00
Accession:  0000950170-25-110948
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Executive Andrea Young transitions to non-executive role; salary cut to $60k, severance of $525k
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1776661/000095017025110948/0000950170-25-110948-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1776661/000095017025110948/adv-20250818.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-110948

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