ADVANCE AUTO PARTS INC·4

Mar 6, 4:08 PM ET

Soler Kristen L 4

Research Summary

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Updated

Advance Auto Parts (AAP) EVP Kristen Soler Withholds 1,371 Shares

What Happened

  • Kristen L. Soler, Executive Vice President and Chief Human Resources Officer of Advance Auto Parts (AAP), had 1,371 shares withheld to satisfy tax obligations related to vested restricted stock units (RSUs). The withholding was reported as a disposition on March 4, 2026 at $51.21 per share, totaling approximately $70,209. This is a routine tax-withholding event (not an open-market sale or purchase).

Key Details

  • Transaction date and price: March 4, 2026 — 1,371 shares withheld at $51.21 per share.
  • Total value of shares withheld: $70,209 (approx.).
  • Transaction code: F — payment of exercise price or tax liability (tax withholding).
  • Shares owned after transaction: not specified in the excerpted filing.
  • Footnote: The shares were withheld to satisfy taxes at vesting of time-based RSUs granted March 4, 2025 that vest in three equal annual installments beginning one year after the grant date (F1).
  • Filing timeliness: Report filed March 6, 2026 — appears timely (filed within the usual Form 4 reporting window).

Context

  • This action is a routine net-share settlement/tax-withholding related to RSU vesting, not an open-market sale that would signal a change in investment stance. Such withholdings are common when restricted stock units vest and do not necessarily indicate the insider’s view of the company’s prospects.