Form 4: Advance Auto Parts Executive Kristen L. Soler Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Kristen L. Soler, EVP and Chief HR Officer of Advance Auto Parts, reports the disposal of 41 shares to cover tax obligations related to vesting restricted stock units.

Summary

  • On March 8, 2024, Kristen L. Soler, EVP and Chief HR Officer of Advance Auto Parts, disposed of 41 shares of common stock to satisfy tax obligations.
  • The shares were withheld at a price of $73.08 per share.
  • Following the transaction, Soler directly owns 12,568 shares of Advance Auto Parts common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to executive compensation and tax obligations, not indicative of a significant change in sentiment or company outlook.

Industry Context

Form 4 filings are routine and provide transparency into the trading activities of company insiders, allowing investors to track executive sentiment and potential alignment with company performance.

Key Dates

DateDescription
03/08/2021Date of grant for time-based restricted stock units vesting in three equal annual installments.
03/08/2024Date of transaction: disposal of 41 shares to cover taxes.
03/12/2024Date of signature for the Form 4 filing.

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