Ferraro John Francis 4
Research Summary
AI-generated summary
Advance Auto Parts (AAP) Director John Ferraro Receives ~100 Shares
What Happened
John Francis Ferraro, a director of Advance Auto Parts, received 99.548 shares of AAP common stock on April 24, 2026. The transaction is reported as an acquisition/award at an effective price of $58.18 per share, for a total value of approximately $5,792. This was not an open-market purchase or sale but shares issued under a dividend reinvestment feature tied to the company’s Deferred Stock Unit Plan for non-employee directors and selected executives.
Key Details
- Transaction date: 2026-04-24; filing date: 2026-04-28 (appears timely).
- Transaction type/code: A (Grant, award or other acquisition).
- Shares acquired: 99.548 at $58.18 per share; total ≈ $5,792.
- Shares owned after transaction: Not reported in the details provided.
- Footnote: Shares were acquired pursuant to the dividend reinvestment feature of the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives (see footnote F1).
- No 10b5-1 plan, cashless exercise, gift, or tax-withholding event was indicated in the provided information.
Context
This is a routine issuance under a director/executive deferred stock unit plan (dividend reinvestment), which is commonly part of director compensation and not direct market timing by the insider. Such awards are administrative/compensation events rather than clear bullish or bearish signals on their own.