Grimsland Ryan P 4

What Happened

• Ryan P. Grimsland, Chief Financial Officer of Advance Auto Parts (AAP), had 2,926 shares withheld to satisfy tax withholding obligations tied to vested restricted stock units (RSUs). The withholding was reported as a disposition at $51.21 per share, totaling approximately $149,840.

Key Details

• Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (appears timely).
• Withheld shares: 2,926 at $51.21 per share; total value ≈ $149,840.
• Transaction code: F (shares withheld to satisfy tax liability).
• Shares owned after the transaction: Not specified in this report.
• Footnote: These shares were withheld to satisfy taxes on time-based RSUs granted 2025-03-04 that vest in three equal annual installments beginning on the one-year anniversary of the grant.

Context

• This was a tax-withholding disposition related to RSU vesting, not an open-market sale or purchase. Such withholdings are routine and do not necessarily indicate the insider’s view of the company’s prospects.