Form 4: Advance Auto Parts Director Increases Stake

Advance Auto Parts Director Joan M. Hilson acquired 51.513 shares of common stock through a dividend reinvestment plan on January 23, 2026.

Summary

• Joan M. Hilson, a Director of Advance Auto Parts Inc. (AAP), acquired 51.513 shares of common stock.
• The transaction occurred on January 23, 2026, at a price of $46.77 per share.
• The acquisition was made pursuant to a dividend reinvestment feature of the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives.
• Following this transaction, Ms. Hilson directly owns 9,688.393 shares and indirectly owns 388 shares through a Trust.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 6

Explanation: A director increasing their stake, even through a dividend reinvestment plan, is generally a positive signal of confidence in the company's long-term value. The transaction being part of a pre-arranged plan (10b5-1) makes it less indicative of immediate market sentiment but still reflects ongoing participation.

Positives

• A director increasing their stake in the company, even through a dividend reinvestment plan, can signal confidence in the company's future prospects.
• The transaction was conducted under a Rule 10b5-1(c) plan, indicating a pre-arranged, compliant trading strategy.

Future Outlook

N/A. This filing reports a past transaction and does not provide forward-looking statements or guidance.

Industry Context

N/A. This Form 4 filing details an individual insider transaction and does not provide broader industry context or trends.

Corporate Governance

Stakeholder Impact

• Shareholders may view the director's increased stake, even through a dividend reinvestment, as a minor positive signal of management's continued belief in the company's value.

Key Dates

Keywords

Advance Auto Parts, AAP, Joan M. Hilson, Director, Insider Transaction, Form 4, Stock Acquisition, Dividend Reinvestment, Rule 10b5-1