Bailo Carla Jean 4

What Happened
Carla Jean Bailo, a director of Advance Auto Parts, was awarded 3,209.02 deferred stock units (DSUs) on June 2, 2026, at an imputed price of $57.65 per share, a total award value of approximately $185,000. The Form 4 reports this as an acquisition/award (transaction code A) rather than an open-market purchase or sale — it’s a compensation-related grant, not a market trade.

Key Details

• Transaction date: 2026-06-02; filed on Form 4: 2026-06-04 (timely — within the 2-business-day reporting window).
• Award size and price: 3,209.02 DSUs @ $57.65 each; total value ≈ $185,000.
• Shares owned following transaction: Not disclosed in the provided filing.
• Footnote summary: These are deferred stock units granted under Advance Auto Parts’ Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives; they will convert to common shares at distribution and vest on June 2, 2027. If board service ends before vesting, distribution is pro-rata; otherwise distribution occurs at the end of the director’s board service.
• Transaction code on Form 4: A (award/grant/acquisition).

Context
DSUs are a form of deferred compensation for directors; they are not the same as an immediate open-market share purchase and will convert to actual shares at the time of distribution/settlement (subject to the vesting schedule noted above). Such awards are routine for non-employee directors and reflect compensation arrangements rather than a direct signal of buying or selling interest in the open market.