Form 4: Advance Auto Parts Director Carla Bailo Reports Stock Acquisition Through Dividend Reinvestment

Director Carla Bailo acquired additional shares of Advance Auto Parts through a dividend reinvestment plan.

Summary

• On April 25, 2025, Carla Jean Bailo, a director of Advance Auto Parts, Inc., acquired 58.967 shares of common stock through a dividend reinvestment feature of the company's Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives.
• The price per share was $32.88.
• Following the transaction, Ms. Bailo directly owns 8,519.019 shares of Advance Auto Parts common stock and indirectly owns 500 shares through a family trust.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director increasing their stake in the company through a dividend reinvestment plan is generally a good sign, indicating confidence in the company's prospects. However, it's a routine transaction and doesn't necessarily indicate a major shift in the company's outlook.

Positives

• The director's participation in the dividend reinvestment plan signals confidence in the company's future performance.

Industry Context

Directors acquiring shares through dividend reinvestment plans is a common practice and generally viewed positively, as it aligns their interests with those of shareholders.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates

Keywords

Advance Auto Parts, Director, Stock Acquisition, Dividend Reinvestment, Form 4, Beneficial Ownership, Carla Bailo