Starnes Bruce 4

What Happened
Bruce Starnes, EVP and Chief Marketing Officer of Advance Auto Parts (AAP), had 1,645 shares withheld on March 4, 2026 to satisfy tax withholding tied to vested time-based restricted stock units (RSUs). The withholding occurred at $51.21 per share, representing approximately $84,240. This was an administrative tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-03-04; 1,645 shares withheld at $51.21 per share (total ~$84,240).
• Transaction type/code: Tax withholding on vesting of RSUs (code F).
• Footnote: Withholding relates to RSUs granted 2025-03-04 that vest in three equal annual installments beginning one year after grant.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Filing timeliness: Form 4 filed 2026-03-06 (filed within the standard two-business-day window for most insider filings).

Context
This was a routine tax withholding to cover income taxes on vested RSUs (a common administrative action), not a market sale intended to realize gains. For retail investors, such withholdings generally do not signal insider confidence or concern about the company’s prospects; they simply reflect vesting and associated tax obligations.