JAMISON CYNTHIA T 4
Research Summary
AI-generated summary
Advance Auto Parts (AAP) Director Cynthia Jamison Receives Award
What Happened
- Cynthia T. Jamison, a director of Advance Auto Parts, was granted 3,686.036 deferred stock units (DSUs) on June 2, 2026 at a reported per-unit value of $57.65, for a total grant value of $212,500. This transaction is coded as an award/grant (A) — a form of compensation — not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-02; Filing date: 2026-06-04 (filed within the normal Form 4 reporting window).
- Price/value reported: $57.65 per unit; total reported value = $212,500.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: These are deferred stock units awarded under the Advance Auto Parts Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives. The DSUs vest on June 2, 2027 and will be converted to common shares at distribution. If board service ends before vesting, distribution is pro‑rata; otherwise distribution occurs at the end of the director’s board service.
Context
- DSUs are a common form of long-term director compensation and will convert to actual shares when distributed; they do not represent an immediate open-market buy signal. This award increases Jamison’s future equity stake subject to vesting and distribution terms.