Form 4: CarParts.com COO Michael Huffaker Reports Stock Transactions
SEC Form 4 Filing
Chief Operating Officer of CarParts.com, Michael Huffaker, reports the vesting and disposition of restricted stock units.
Summary
- Michael Huffaker, the Chief Operating Officer of CarParts.com, filed a Form 4 with the SEC.
- The filing reports the vesting of 18,750 restricted stock units (RSUs) on April 16, 2025.
- These RSUs were granted on January 16, 2024, under the company's 2016 Equity Incentive Plan.
- The vested RSUs were converted into common stock and then disposed of.
- Following the reported transactions, Huffaker beneficially owns 256,398 shares of common stock and 56,250 derivative securities.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions, and it doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies.
Stakeholder Impact
- The vesting of RSUs and subsequent sale of shares could have a minor impact on the stock price due to increased supply.
Key Dates
| Date | Description |
|---|---|
| 2024-01-16 | Restricted Stock Units (RSUs) were granted to Michael Huffaker. |
| 2025-01-16 | Fifty percent of the RSUs vested on the first anniversary of the grant date. |
| 2025-04-16 | 18,750 RSUs vested. |
| 2025-04-18 | Date of the signature on the Form 4 filing. |
Keywords
Form 4, CarParts.com, Michael Huffaker, Restricted Stock Units, RSUs, Beneficial Ownership, Equity Incentive Plan, Stock Transaction
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