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

Advance Auto Parts Director Jeffrey J. Jones II acquired 3,326.613 shares of common stock through a deferred stock unit plan on May 27, 2025, increasing his total beneficial ownership to 15,331.933 shares.

Summary

• Jeffrey J. Jones II, a Director at Advance Auto Parts, Inc. (AAP), acquired 3,326.613 shares of common stock.
• The transaction occurred on May 27, 2025, at a price of $49.6 per share.
• These shares were awarded as deferred stock units under the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives.
• The deferred stock units will convert to common stock at the time of distribution.
• The shares are set to vest on May 27, 2026.
• Distribution will be pro-rata if board service ends prior to the vesting date; otherwise, shares will be distributed at the end of the director's board service.
• Following this transaction, Jeffrey J. Jones II beneficially owns a total of 15,331.933 shares of common stock directly.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as it represents a director receiving equity compensation, which aligns their interests with shareholders. It's a routine event and not indicative of significant new information, hence not extremely positive.

Positives

• The acquisition of shares by a director, even through a compensation plan, generally indicates alignment of interests between management and shareholders.
• The deferred stock unit plan is a common mechanism for compensating non-employee directors, aligning their long-term interests with the company's performance.

Future Outlook

The acquired deferred stock units are scheduled to vest on May 27, 2026, and will be distributed as common stock upon vesting or at the end of the director's board service, with pro-rata distribution if service ends earlier.

Industry Context

This Form 4 filing represents a routine insider transaction related to director compensation, common across publicly traded companies. It reflects the company's standard practice of using equity-based awards to incentivize and retain non-employee directors, aligning their interests with long-term shareholder value.

Stakeholder Impact

• Shareholders: The acquisition of shares by a director, even through a compensation plan, can be viewed positively as it aligns the director's financial interests with the long-term performance of the company, potentially leading to more shareholder-friendly decisions.

Next Steps

• Vesting of the deferred stock units on May 27, 2026.
• Conversion of deferred stock units to common stock at the time of distribution.
• Distribution of shares to the reporting person upon vesting or cessation of board service.

Key Dates

Keywords

Advance Auto Parts, AAP, Form 4, Insider Transaction, Stock Acquisition, Deferred Stock Units, Director Compensation, Beneficial Ownership