ADVANCE AUTO PARTS INC·4

Mar 10, 4:18 PM ET

Soler Kristen L 4

Research Summary

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Advance Auto Parts (AAP) EVP Kristen Soler Withholds 45 Shares for Taxes

What Happened

  • Kristen L. Soler, EVP & Chief Human Resources Officer of Advance Auto Parts (AAP), had 45 shares withheld to satisfy tax withholding on the vesting of time-based restricted stock units (RSUs). The withholding was recorded at $50.33 per share for a total value of $2,265 on March 6, 2026. This transaction is a tax-withholding event (code F), not an open-market sale.

Key Details

  • Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (Accession: 0001193125-26-100175).
  • Withheld shares: 45 at $50.33 per share; total value $2,265.
  • Shares owned after transaction: Not reported on this Form 4.
  • Footnote: Shares were withheld to satisfy taxes at vesting of RSUs granted March 6, 2023, which vest in three equal annual installments beginning March 6, 2024 (footnote F1).
  • Filing timeliness: Form filed March 10; no late-filing flag indicated in the filing.

Context

  • This was a routine tax-withholding event arising from vested RSUs (cashless/share-withholding to cover tax liability), which should not be interpreted as an active sell or buy signal by the insider. The RSU grant date and vesting schedule indicate this withholding corresponds to a scheduled vesting installment.