Form 4: Advance Auto Parts EVP Kristen L. Soler Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Kristen L. Soler, EVP and Chief HR Officer of Advance Auto Parts, reports the disposal of 284 shares of common stock to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 14, 2025, Kristen L. Soler, EVP and Chief HR Officer of Advance Auto Parts, disposed of 284 shares of common stock.
- The transaction was executed to satisfy tax obligations related to the vesting of time-based restricted stock units.
- The shares were disposed of at a price of $37.59 per share.
- Following the transaction, Soler directly owns 31,328 shares of Advance Auto Parts common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is related to tax obligations from vested stock, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of grant for certain time-based restricted stock units vesting in three equal annual installments beginning on the one year anniversary of the grant date. |
| 03/14/2025 | Date of transaction: Disposal of shares to cover tax obligations. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
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