Form 4: Advance Auto Parts Director Carla Jean Bailo Reports Acquisition of Shares Through Dividend Reinvestment
SEC Form 4 Filing
Director Carla Jean Bailo reports acquiring additional shares of Advance Auto Parts through a dividend reinvestment plan.
Summary
- On April 26, 2024, Carla Jean Bailo, a director of Advance Auto Parts, acquired 16.918 shares of common stock through a dividend reinvestment feature.
- The shares were acquired at a price of $75.14 each.
- Following the transaction, Ms. Bailo directly owns 5,806.397 shares and indirectly owns 500 shares through a family trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding a routine transaction. It doesn't convey strong positive or negative sentiment.
Positives
- The acquisition of shares by a director may signal confidence in the company's future performance.
Industry Context
This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 04/26/2024 | Date of transaction: Acquisition of shares through dividend reinvestment. |
| 04/30/2024 | Date of signature on the Form 4 filing. |
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