LEE EUGENE I JR 4
4 · ADVANCE AUTO PARTS INC · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Advance Auto Parts (AAP) Director Eugene I. Lee Jr Receives Stock Awards
What Happened Eugene I. Lee Jr, a director of Advance Auto Parts, received two awards of company common stock (reported as acquisitions) on June 2, 2026: 3,209.02 shares valued at $57.65/share ($185,000) and 2,601.908 shares at $57.65/share ($150,000), for a total of 5,810.928 shares and $335,000. These transactions were reported on a Form 4 filed June 4, 2026. These awards are compensation grants rather than open-market purchases.
Key Details
- Transaction date: 2026-06-02; Price per share: $57.65 (transaction code A = award/acquisition).
- Grants: 3,209.02 shares ($185,000) and 2,601.908 shares ($150,000); total 5,810.928 shares ($335,000).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote F1: The 3,209.02 units are deferred stock units (DSUs) that convert to common stock at distribution; they vest June 2, 2027 and will be distributed pro rata if board service ends earlier (otherwise at end of board service).
- Footnote F2: The 2,601.908 shares were issued in lieu of cash compensation under the company’s Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives.
- Filing timeliness: Form 4 filed June 4, 2026 — within the standard two-business-day reporting window.
Context These awards are part of director compensation (deferred stock units and share-in-lieu of cash), not an open-market purchase or sale. DSUs are a common non-cash pay arrangement and will convert to actual shares when distributed per the plan terms; such grants reflect compensation practices rather than a direct indication of insider buying or selling sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-02$57.65/sh+3,209.02$185,000→ 87,209.018 total - Award
Common Stock
[F2]2026-06-02$57.65/sh+2,601.908$150,000→ 89,810.926 total
- 34,070(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]These deferred stock units, which will be converted to shares of issuer common stock at the time of distribution, were awarded under the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives. These shares will vest on June 2, 2027 and will be distributed on a pro-rata basis if board service ends prior to the vesting date. Otherwise, these shares will be distributed to the reporting person at the end of the director's board service.
- [F2]These shares of issuer common stock were acquired by the reporting person in lieu of cash compensation under the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives.