CarParts.com (PRTS) Director Barry Phelps Buys 10,000 Shares

What Happened

• Barry Phelps, a director of CarParts.com, acquired a total of 10,000 shares in two open-market purchases: 100 shares on 2026-08-20 at $6.15 each ($615) and 9,900 shares on 2026-08-25 at $6.48 each ($64,152), for combined proceeds of $64,767.
• These transactions are purchases (Form 4 code P), which retail investors often view as a positive signal because insiders are adding to their holdings; they are not proof of future performance.

Key Details

• Transaction dates and prices:
  • 2026-08-20: 100 shares @ $6.15 = $615
  • 2026-08-25: 9,900 shares @ $6.48 = $64,152
• Total shares acquired: 10,000; total value: $64,767.
• Filing: This is an amended Form 4 (filed 2026-09-09) correcting ownership balances to reflect a 10-for-1 reverse stock split (see footnote).
• Shares owned after the transactions: the amended filing corrects column 5 for the reverse split; the exact post-transaction ownership total is not provided in the data shown here—check the full amended Form 4 for the updated balance.
• Timeliness: this is an amendment; review the original Form 4 filing(s) to confirm initial timeliness.

Context

• These were straightforward open-market purchases (no options, gifts, or withholding involved).
• Insider purchases can signal confidence but are only one data point; consider company fundamentals and other insider activity before drawing conclusions.