Form 4: Advance Auto Parts Exec Sells Shares for Tax

Advance Auto Parts EVP, Chief HR Officer Kristen L Soler disposed of 1,371 shares of common stock to cover tax obligations related to RSU vesting.

Summary

• Kristen L Soler, EVP, Chief HR Officer of Advance Auto Parts, Inc. (AAP), reported a transaction on March 4, 2026.
• The transaction involved the disposition of 1,371 shares of common stock.
• These shares were withheld to satisfy tax obligations upon the vesting of time-based restricted stock units (RSUs).
• The RSUs were originally granted on March 4, 2025, and vest in three equal annual installments.
• The price per share for the disposed securities was $51.21.
• Following this transaction, Kristen L Soler beneficially owns 32,369 shares of Advance Auto Parts common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The disposition of shares is a routine, non-discretionary transaction to cover tax liabilities associated with the vesting of previously granted restricted stock units, which is a common practice in executive compensation.

Future Outlook

The restricted stock units granted on March 4, 2025, are scheduled to vest in two additional equal annual installments following the initial vesting on March 4, 2026.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as shares withheld for tax purposes upon RSU vesting, are common across all industries, including the automotive aftermarket retail sector. These transactions are a standard part of executive compensation plans and do not typically reflect a change in management's outlook on the company's performance or stock value.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes, not an active sale by the executive.

Next Steps

• Future annual vesting installments of the restricted stock units granted on March 4, 2025, will occur on their respective anniversaries.

Key Dates

Keywords

Advance Auto Parts, AAP, Kristen L Soler, Insider Transaction, Form 4, Restricted Stock Units, RSU Vesting, Tax Withholding, Executive Compensation