Ferraro John Francis 4
Research Summary
AI-generated summary
Advance Auto Parts (AAP) Director John Ferraro Receives 118.618 Shares
What Happened
John Ferraro, a director of Advance Auto Parts, received 118.618 shares of company common stock on 2026-07-24. The shares were acquired at an effective price of $55.80 each, representing a total value of approximately $6,619. This transaction is coded as an acquisition/award (A) and reflects a dividend reinvestment rather than an open-market purchase.
Key Details
- Transaction date and filing: transaction on 2026-07-24; Form 4 filed 2026-07-28 (filed within the required two-business-day window).
- Transaction type: A = Award/Acquisition via dividend reinvestment under the Deferred Stock Unit Plan.
- Shares acquired: 118.618 at $55.80 per share; total value ≈ $6,619.
- 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.
- Shares owned after transaction: not disclosed in this Form 4 filing.
Context
This was a dividend reinvestment into deferred stock units for a non-employee director—routine compensation plan activity rather than a market purchase or sale. Such reinvestments are common and typically reflect plan mechanics (reinvested dividends) rather than a direct signal of personal buying or selling intent.