Form 4: CarParts.com CFO Ryan Lockwood Reports Stock Transactions
SEC Form 4 Filing
Ryan Lockwood, CFO of CarParts.com, reports the vesting and subsequent tax withholding of shares related to restricted stock units.
Summary
- On April 18, 2025, Ryan Lockwood, the CFO of CarParts.com, had 22,254 Restricted Stock Units (RSUs) vest, which were granted on April 18, 2022, under the company's 2016 Equity Incentive Plan.
- These RSUs vested on the third anniversary of the grant date.
- Following the vesting, 7,963 shares of common stock were withheld by CarParts.com on April 21, 2025, to cover tax obligations at a price of $0.81 per share.
- After these transactions, Lockwood directly owns 184,100 shares of CarParts.com common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction disclosure, neither particularly positive nor negative.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on the total number of shares outstanding.
Key Dates
| Date | Description |
|---|---|
| 04/18/2022 | Date the Restricted Stock Units (RSUs) were granted to Ryan Lockwood. |
| 04/18/2025 | Date that 22,254 Restricted Stock Units (RSUs) vested. |
| 04/21/2025 | Date that 7,963 shares of common stock were withheld for tax obligations at $0.81 per share. |
Keywords
Form 4, Ryan Lockwood, CarParts.com, PRTS, CFO, Restricted Stock Units, RSU, Vesting, Tax Withholding, Equity Incentive Plan, Beneficial Ownership
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