Form 4: Advance Auto Parts Executive Kristen Soler Reports Routine Stock Transaction for Tax Purposes

Kristen L. Soler, EVP and Chief HR Officer of Advance Auto Parts Inc., reported the disposition of 501 shares of common stock on June 12, 2025, to satisfy tax obligations related to the vesting of restricted stock units.

Summary

• Kristen L. Soler, Executive Vice President and Chief HR Officer of Advance Auto Parts Inc. (AAP), filed a Form 4.
• The filing reports a transaction on June 12, 2025, where 501 shares of AAP common stock were disposed of.
• This disposition was a 'tax withholding' (Transaction Code 'F') at a price of $50.81 per share.
• The shares were withheld to cover taxes upon the vesting of time-based restricted stock units (RSUs) that were granted on June 12, 2023.
• These RSUs are set to vest in three equal annual installments, with the first installment vesting on the one-year anniversary of the grant date.
• Following this transaction, Ms. Soler beneficially owns 30,827 shares of Advance Auto Parts common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine tax-related disposition of shares upon RSU vesting, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

The document indicates that the restricted stock units granted on June 12, 2023, are scheduled to vest in three equal annual installments, implying future vesting events.

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction, specifically a tax withholding related to executive compensation. It does not provide information relevant to broader industry trends or competitive analysis.

Comparison to Industry Standards

• This document reports a standard insider transaction (tax withholding upon RSU vesting) which is a common practice across publicly traded companies as part of executive compensation plans. There are no specific comparable companies, projects, or results detailed within this filing to assess against industry benchmarks.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes, not indicative of a change in confidence or strategy.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Next Steps

• Future vesting installments of the restricted stock units granted on June 12, 2023, are expected to occur annually.

Key Dates

Keywords

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