Form 4: Advance Auto Parts Director Acquires Over 3,300 Shares Through Deferred Stock Unit Grant

Carla Jean Bailo, a Director at Advance Auto Parts Inc., acquired 3,326.613 shares of common stock through a deferred stock unit grant on May 27, 2025.

Summary

• Carla Jean Bailo, a Director of Advance Auto Parts Inc. (AAP), acquired 3,326.613 shares of common stock.
• The acquisition occurred on May 27, 2025, at a price of $49.6 per share.
• These shares are Deferred Stock Units (DSUs) awarded under the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives.
• The DSUs will convert to shares of issuer common stock at the time of distribution and are set to vest on May 27, 2026.
• Following this transaction, Ms. Bailo directly beneficially owns 11,845.632 shares of common stock.
• An additional 500 shares are indirectly owned by Ms. Bailo through a Family Trust.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even as part of a compensation plan, generally signals alignment of interests with shareholders and confidence in the company's future, contributing to a moderately positive sentiment.

Positives

• A director, Carla Jean Bailo, acquired 3,326.613 shares of Advance Auto Parts common stock, indicating continued alignment of interests with shareholders.
• The acquisition is part of a deferred stock unit plan, which incentivizes long-term commitment and performance from non-employee directors.

Future Outlook

The acquired deferred stock units are set to vest on May 27, 2026, indicating a future conversion to common stock and continued beneficial ownership for the director. Distribution will occur upon vesting or at the end of the director's board service.

Industry Context

This Form 4 filing details a routine insider transaction, specifically a compensation-related stock grant to a director. Such filings are common across all industries for publicly traded companies as part of their executive and director compensation structures, aiming to align insider interests with shareholder value.

Stakeholder Impact

• Shareholders: The director's increased equity ownership through this grant further aligns her interests with those of the shareholders, potentially fostering more shareholder-centric decision-making.

Next Steps

• The deferred stock units will vest on May 27, 2026.
• Shares will be distributed to the reporting person upon vesting or at the end of the director's board service.

Key Dates

Keywords

Advance Auto Parts, AAP, Form 4, insider transaction, director stock acquisition, deferred stock units, DSU, beneficial ownership