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AI brief of an SEC Form 8-K · Advantage Solutions Inc. (ADV)

Advantage Solutions amends employment agreements with CEO, CFO and two COOs

Neutral Impact 3 of 5 leadership Written later

Advantage Solutions Inc. entered into amended employment agreements on October 30, 2026 with CEO David Peacock, CFO Christopher Growe, and COOs Jeffrey Harsh and Michael Taylor. The agreements set out enhanced severance and equity vesting terms that apply if an executive is terminated without cause or resigns for good reason within 24 months after a change in control, or in certain cases tied to a potential change in control.

Key points

  • CEO David Peacock: lump sum of two times target annual bonus and 100% accelerated vesting of time-based equity awards on a change-in-control qualifying termination
  • CFO Christopher Growe and COO Jeffrey Harsh: 18 months of base salary continuation, 18 months of COBRA coverage, a lump sum of 1.5 times target annual bonus, and 100% accelerated vesting
  • COO Michael Taylor: 1.5 times base salary and target bonus paid over 18 months, plus a pro-rated bonus, 18 months of COBRA coverage and outplacement services
  • Full agreements are filed as Exhibits 10.1 to 10.4; the filing does not state any financial cost of these terms

The filing

CompanyAdvantage Solutions Inc. (ADV)
Form8-K, current report
Filed with the SECNov 2, 2026, 6:04 AM ET
Accession number0001193125-26-442512

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 02, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.