Form 4: Advance Auto Parts Director Gregory L. Smith Acquires and Disposes of Shares

Director Gregory L. Smith reports acquiring and disposing of Advance Auto Parts Inc. common stock and deferred stock units.

Summary

• On June 4, 2024, Gregory L. Smith, a director of Advance Auto Parts Inc., engaged in transactions involving the company's stock.
• Smith acquired 2,952.001 shares of common stock at a price of $65.21 per share.
• The same amount of shares were disposed of.
• These shares were awarded under the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives.
• The shares will vest on June 4, 2025, and will be distributed upon the end of the director's board service.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions by a company director, with no inherent positive or negative implications.

Future Outlook

The deferred stock units will vest on June 4, 2025, and will be distributed to the reporting person at the end of their board service.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the director's holdings and transactions.

Key Dates