Form 4: Advance Auto Parts Director Acquires Shares
Statement of Changes in Beneficial Ownership
Director Eugene I. Lee Jr. acquired shares of Advance Auto Parts common stock through a dividend reinvestment plan.
Summary
- Eugene I. Lee Jr., a Director at Advance Auto Parts, Inc., acquired 346.027 shares of common stock on April 24, 2026.
- The acquisition was made through a dividend reinvestment feature of the company's Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives.
- The purchase price was $58.18 per share, totaling an acquisition value of approximately $20,130.
- Following this transaction, Mr. Lee beneficially owns 83,999.998 shares directly.
- Additionally, 34,070 shares are held indirectly through a Family Trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine share acquisition by a director through a dividend reinvestment plan, which does not inherently signal a significant change in the company's prospects.
Positives
- Director Eugene I. Lee Jr. increased his direct beneficial ownership of Advance Auto Parts common stock.
- The acquisition was made through a dividend reinvestment plan, indicating continued participation in the company's equity.
- The transaction was executed at a price of $58.18 per share.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing.
Industry Context
StockSavvy.ai notes that Form 4 filings, like this one from Advance Auto Parts, are standard disclosures for insider transactions and provide transparency into the holdings of directors and officers. Such filings are crucial for investors monitoring insider activity.
Stakeholder Impact
- Shareholders: Increased direct beneficial ownership by a director may be viewed positively as a sign of continued commitment.
- Management: The transaction reflects the standard operation of the company's director compensation plan.
Key Dates
| Date | Description |
|---|---|
| 04/24/2026 | Transaction Date for acquisition of common stock. |
| 04/28/2026 | Date of signature for the filing. |
Keywords
Advance Auto Parts, Form 4, SEC Filing, Director, Common Stock, Beneficial Ownership, Dividend Reinvestment, Eugene I. Lee Jr.
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.