Form 4: Advance Auto Parts Executive Sells Shares
SEC Form 4 Filing
Herman L. Word Jr., EVP at Advance Auto Parts, sold 1,858 shares of common stock at $86.08 per share on March 21, 2024.
Summary
- Herman L. Word Jr., an Executive Vice President at Advance Auto Parts, sold 1,858 shares of the company's common stock on March 21, 2024.
- The sale price was $86.08 per share.
- Following the transaction, Word directly owns 10,448 shares of Advance Auto Parts stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing for a stock sale by an executive, which is a neutral event.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of stock sale transaction |
| 03/22/2024 | Date of signature on the Form 4 filing |
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