Form 4: CarParts.com Director Greyson Boosts Stake
Insider Transaction Report
Jay Keith Greyson, a director at CarParts.com, Inc., acquired 19,965 shares of common stock in lieu of retainer fees.
Summary
- Jay Keith Greyson, a Director of CarParts.com, Inc. (PRTS), acquired 19,965 shares of common stock.
- The transaction date for the acquisition was September 29, 2025.
- The shares were acquired at a price of $0.72 per share.
- The total value of the shares acquired was $14,347.
- This acquisition was made pursuant to the CarParts.com, Inc. Director Payment Election Plan, in lieu of retainer fees.
- Following this transaction, Jay Keith Greyson beneficially owns 405,495 shares of CarParts.com, Inc. common stock.
Sentiment
Score: 6
Explanation: The transaction is a routine insider acquisition of shares as part of a compensation plan, which generally indicates alignment of interests but is not a significant market-moving event on its own.
Positives
- A director increasing their stake in the company aligns their interests with those of other shareholders.
- The acquisition of shares through an election plan demonstrates confidence in the company's future by a key insider.
Management Comments
- Shares were awarded pursuant to the CarParts.com, Inc. Director Payment Election Plan in lieu of retainer fees equal to $14,347.
Related Party Transactions
- The acquisition of shares by a director from the company in lieu of retainer fees constitutes a related party transaction.
Stakeholder Impact
- Shareholders may view the director's increased equity stake as a positive sign of commitment and alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 09/29/2025 | Transaction date for the acquisition of common stock by Jay Keith Greyson. |
| 10/01/2025 | Signature date of the reporting person, Jay Greyson. |
Recommendation
holdThe acquisition of shares by a director in lieu of cash retainer fees is a routine transaction that aligns management's interests with shareholders. While positive, it is not a significant enough event on its own to warrant a strong buy or sell recommendation, suggesting a 'hold' for existing investors.
Keywords
CarParts.com, PRTS, Jay Greyson, Director, Stock Acquisition, Form 4, Insider Trading, Equity Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.