ADVANCE AUTO PARTS INC·4

Mar 2, 5:42 PM ET

Hurst Anthony T. 4

Research Summary

AI-generated summary

Updated

Advance Auto Parts (AAP) SVP Anthony Hurst Receives Award of 3,085 RSUs

What Happened Anthony T. Hurst, Senior Vice President, Store Operations & DIY Transformation at Advance Auto Parts (AAP), was granted 3,085 restricted stock units (RSUs) on February 17, 2026. The grant is reported at an acquisition value of $56.74 per share, totaling $175,043. This is an equity award (grant), not an open-market purchase or sale — the shares are RSUs that vest over time and/or based on performance, so they are not immediately liquid.

Key Details

  • Transaction date: 2026-02-17; reported grant price: $56.74; total reported value: $175,043.
  • The 3,085 reported RSUs represent the time-based portion of a target award (per footnote). Time-based RSUs vest in three approximately equal annual installments beginning one year from the grant date.
  • A performance-based RSU component equal to the other 50% of the target award may vest on the third anniversary subject to pre-determined financial performance targets and certification by the Compensation Committee; those performance RSUs are not reported on this Form 4.
  • Shares owned after transaction: not specified in the filing.
  • Filing date: 2026-03-02. The Form 4 was filed well after the usual two-business-day reporting window, so this filing is late (may be corrected or noted by the company/SEC).

Context

  • This entry is a compensation grant (award), common for executives and not a direct market signal like a personal buy or sell. Time-based RSUs vest over multiple years; performance RSUs are contingent on future goals and may deliver more/fewer shares depending on results.
  • Retail investors should treat this as routine compensation disclosure rather than a clear bullish or bearish insider trade.