Form 4: Advance Auto Parts Director Joan M. Hilson Acquires Shares Through Dividend Reinvestment
SEC Form 4 Filing
Director Joan M. Hilson increased her holdings in Advance Auto Parts through a dividend reinvestment in the company's Deferred Stock Unit Plan.
Summary
- On April 25, 2025, Joan M. Hilson, a director of Advance Auto Parts Inc., acquired 46.979 shares of common stock through a dividend reinvestment.
- The shares were acquired at a price of $32.88 each.
- Following the transaction, Hilson directly owns 6,225.615 shares and indirectly owns 388 shares through a trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a routine transaction. The director's participation in the dividend reinvestment plan is a mildly positive signal.
Positives
- The acquisition of shares by a director through dividend reinvestment can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and officers.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine acquisition of shares by a director.
Key Dates
| Date | Description |
|---|---|
| 04/25/2025 | Date of transaction: Joan M. Hilson acquired shares of Advance Auto Parts common stock. |
| 04/29/2025 | Date of signature: Amanda L. Keister, as Attorney-in-Fact for Joan M. Hilson, signed the report. |
Keywords
Advance Auto Parts, Director, Joan M. Hilson, Dividend Reinvestment, Stock Acquisition, Form 4, Securities, Ownership
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