Form 4: Advance Auto Parts Executive Sells Shares

Bruce Starnes, EVP, CMO of Advance Auto Parts, reported a disposition of 3,003 shares of common stock on June 27, 2026, for tax withholding purposes.

Summary

• Bruce Starnes, Executive Vice President and Chief Marketing Officer of Advance Auto Parts Inc., reported a transaction on June 27, 2026.
• This transaction involved the disposition of 3,003 shares of common stock.
• The shares were withheld to satisfy taxes upon the vesting of restricted stock units granted on June 27, 2024.
• These restricted stock units vest in three equal annual installments starting one year after the grant date.
• Following this transaction, Mr. Starnes beneficially owns 42,909 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the transaction is a routine event related to executive compensation and tax obligations, not a reflection of the executive's conviction about the company's future performance.

Future Outlook

The filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to stock vesting and tax withholding, are common for executives and are generally not indicative of a change in the executive's long-term view of the company's prospects. These events are typically pre-planned.

Stakeholder Impact

• Shareholders: The transaction is a routine tax withholding event and is not expected to have a significant impact on the share price or overall market dynamics.

Next Steps

• Continued vesting of restricted stock units in two equal annual installments.

Key Dates

Keywords

Advance Auto Parts, AAP, Form 4, Insider Transaction, Stock Vesting, Tax Withholding, Executive Compensation