Form 4: Advance Auto Parts Director Acquires Shares Through Dividend Reinvestment

Sherice Torres, a director at Advance Auto Parts, acquired 33.478 shares of common stock through a dividend reinvestment plan.

Summary

• Sherice Torres, a director of Advance Auto Parts, acquired 33.478 shares of common stock on January 24, 2025.
• The shares were acquired through a dividend reinvestment feature of the company's Deferred Stock Unit Plan.
• The price per share was $48.44, resulting in a total acquisition value of approximately $1,621.70.
• Following the transaction, Ms. Torres directly owns 6,520.22 shares of Advance Auto Parts stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, indicating a positive but not overly significant sentiment. The director's participation in the dividend reinvestment plan suggests confidence in the company.

Positives

• The acquisition of shares by a director through a dividend reinvestment plan demonstrates confidence in the company's future.

Industry Context

This is a routine transaction for a director of a public company, and it is not unusual for directors to participate in dividend reinvestment plans.

Comparison to Industry Standards

• Director share acquisitions through dividend reinvestment plans are common practice across publicly traded companies.
• Similar transactions are regularly reported by directors of companies like AutoZone and O'Reilly Automotive.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it demonstrates director confidence in the company.

Key Dates

Keywords

Advance Auto Parts, Director Share Acquisition, Dividend Reinvestment, Form 4, Insider Trading, Stock Ownership