Nauss Timothy Green 4
4 · CarParts.com, Inc. · Filed Jul 8, 2026
Research Summary
AI-generated summary of this filing
CarParts.com (PRTS) Director Timothy Nauss Receives RSU Award
What Happened
Timothy Nauss, a director of CarParts.com, was granted 18,672 cash‑settled restricted stock units (RSUs) on 2026-07-07. The grant is reported at $0.00 per share because these are derivative awards; the actual payout will equal the fair market value (FMV) of one share on the vesting date. The RSUs are scheduled to vest at the 2027 annual shareholder meeting, subject to continued service.
Key Details
- Transaction date: 2026-07-07; Filing date: 2026-07-08 (appears timely).
- Award: 18,672 RSUs; reported price: $0.00 (derivative/cash‑settled).
- Shares owned after transaction: not specified in this filing.
- Footnote: RSUs are cash‑settled—each unit pays an amount equal to the FMV of one share on vesting and vests at the 2027 annual shareholder meeting if the director remains in service.
Context
Cash‑settled RSUs are compensation, not an open‑market purchase or sale; they do not immediately change the issuer’s outstanding share count. Such awards are routine director compensation and do not, by themselves, indicate buying or selling intent. The eventual payout will depend on CarParts.com’s stock price at the 2027 vesting date.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-07-07+18,672→ 18,672 total→ Common Stock (18,672 underlying)
Footnotes (1)
- [F1]Reflects cash-settled RSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's common stock on the applicable vesting date. The RSUs shall vest on the 2027 annual shareholder meeting date, as long as the Reporting Person's service with the Company has not previously ended.