Form 4: CarParts.com Executive Kals Subramanian Reports Stock Transactions
SEC Form 4 Filing
Chief Technology Officer Kals Subramanian reports the vesting and subsequent disposal of restricted stock units in CarParts.com.
Summary
- On April 18, 2025, Kals Subramanian, Chief Technology Officer of CarParts.com, Inc., reported transactions involving the company's stock.
- Specifically, 16,787 restricted stock units (RSUs) vested on April 18, 2025, representing the final vesting tranche of an RSU grant from April 18, 2022.
- These vested RSUs were then disposed of.
- Following these transactions, Subramanian directly owns 192,501 shares of CarParts.com stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates the vesting of previously granted equity compensation.
Stakeholder Impact
- The transaction has a minor dilutive effect on existing shareholders due to the initial issuance of shares for the RSU grant.
Key Dates
| Date | Description |
|---|---|
| 04/18/2022 | Date the Restricted Stock Units (RSU) were granted to the Reporting Person pursuant to the CarParts.com, Inc. 2016 Equity Incentive Plan. |
| 04/18/2025 | Date of transaction: vesting of restricted stock units and subsequent disposal. |
| 04/21/2025 | Date of signature on the Form 4 filing. |
Keywords
CarParts.com, Kals Subramanian, stock transaction, Form 4, restricted stock units, RSU, beneficial ownership, equity incentive plan
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