Vining Jeffrey 4

What Happened
Jeffrey Vining, Executive VP, General Counsel and Corporate Secretary of Advance Auto Parts (AAP), had 1,372 shares withheld to satisfy tax obligations upon vesting of time-based restricted stock units (RSUs). The filing shows 823 shares withheld at $51.21 each (value $42,146) and 549 shares withheld at $51.21 each (value $28,114), a combined cash value of approximately $70,260. This is a routine tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date: 2026-03-04; Filing date (Form 4): 2026-03-06 (filed timely).
• Prices and share counts: 823 shares @ $51.21 = $42,146; 549 shares @ $51.21 = $28,114. Total withheld: 1,372 shares (~$70,260).
• Transaction code: F — shares withheld to satisfy tax withholding upon vesting. Disposition reported as "Disposed" because shares were retained by the company to cover taxes.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Footnote: F1 — these shares were withheld to satisfy taxes at vesting of time-based RSUs granted March 4, 2025, which vest in three equal annual installments starting March 4, 2026.

Context
This was a tax-withholding event tied to RSU vesting (a common, administrative transaction) rather than a market sale or new purchase. Such withholdings routinely reduce the insider’s reported share count and do not necessarily signal a change in the insider’s view of the company.