Form 4: Advance Auto Parts Executive Sells Shares for Tax

Advance Auto Parts SVP, Controller and CAO Michael Beland disposed of 933 shares of common stock to cover tax obligations related to RSU vesting.

Summary

• Michael Beland, SVP, Controller and CAO of Advance Auto Parts Inc. (AAP), reported a transaction on January 20, 2026.
• The transaction involved the disposition of 933 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 granted on January 20, 2025, and vest in three equal annual installments, with the first installment vesting on the one-year anniversary of the grant date.
• The price per share for the disposition was $41.31.
• Following this transaction, Michael Beland beneficially owns 13,059 shares of Advance Auto Parts common stock.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary insider transaction (shares withheld for tax purposes upon RSU vesting) which typically has no material impact on company valuation or outlook.

Future Outlook

NA

Industry Context

This Form 4 reports an individual executive's routine tax-related stock transaction and does not provide information relevant to broader industry trends or competitive analysis.

Comparison to Industry Standards

• This transaction is a standard practice for executives receiving equity compensation and does not lend itself to comparison with specific company or project results.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction by an executive.
• Employees: No direct impact beyond the reporting person.

Key Dates

Keywords

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