Form 4: Carla Bailo Acquires Advance Auto Parts Stock

Carla Bailo, a Director at Advance Auto Parts, acquired 3,209.02 shares of common stock on June 2, 2026, valued at $57.65 per share.

Summary

• Carla Bailo, a Director of Advance Auto Parts Inc., acquired 3,209.02 shares of common stock on June 2, 2026.
• The acquisition was made at a price of $57.65 per share.
• Following this transaction, Ms. Bailo beneficially owns 15,262.017 shares of common stock directly.
• Additionally, Ms. Bailo has indirect beneficial ownership of 500 shares held by a Family Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine insider transaction related to director compensation rather than a significant strategic event or financial performance indicator.

Positives

• Director Carla Bailo has increased her direct beneficial ownership of Advance Auto Parts common stock.
• The acquisition of 3,209.02 shares indicates confidence or a planned compensation event for a key executive.

Future Outlook

Deferred stock units awarded to Carla Bailo will vest on June 2, 2027, and will be distributed at the end of her board service or on a pro-rata basis if board service ends prior to the vesting date.

Industry Context

StockSavvy.ai notes that insider transactions, such as this Form 4 filing by Director Carla Bailo, are closely watched by the market as they can signal management's confidence in the company's future prospects. The acquisition of shares by a director is a common occurrence related to compensation plans.

Stakeholder Impact

• Shareholders: The transaction may be viewed positively as a director increasing their stake, though the scale is typical for compensation.
• Employees: Indirect impact through potential positive signal to the market.
• Management: Reinforces the compensation structure for non-employee directors.

Next Steps

• Deferred stock units awarded to Carla Bailo will vest on June 2, 2027.
• Distribution of vested deferred stock units will occur at the end of the director's board service or on a pro-rata basis if board service ends prior to the vesting date.

Key Dates

Keywords

Advance Auto Parts, Carla Bailo, Form 4, SEC Filing, Insider Transaction, Stock Acquisition, Director, Beneficial Ownership