4Filed Jul 27, 8:00 PM ET
AAP Director Eugene I. Lee Jr. Receives Award via Dividend Reinvestment
$AAP · ADVANCE AUTO PARTS INCResearch Summary
AI-generated summary of this SEC filing
AAP Director Eugene I. Lee Jr. Receives Award via Dividend Reinvestment
What Happened
- Eugene I. Lee Jr., a director of Advance Auto Parts, acquired 388.37 shares of AAP common stock on July 24, 2026. The shares were valued at $55.80 each for a total reported value of $21,671. This was recorded as an acquisition (code A) and resulted from a dividend reinvestment feature of the company’s Deferred Stock Unit Plan for non-employee directors and selected executives.
Key Details
- Transaction date: 2026-07-24; Filing date: 2026-07-28.
- Price per share: $55.80; Shares acquired: 388.37; Total value: $21,671 (rounded).
- Transaction code: A (award/grant or other acquisition).
- Shares owned after transaction: Not disclosed in this Form 4.
- 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.
- Filing timeliness: Form 4 filed 4 days after the transaction; the filing does not indicate a late-filing flag.
Context
- This acquisition was a non-cash reinvestment of dividends into company shares under a director DSU plan, a routine administrative action for equity compensation. Such reinvestments are standard and don’t necessarily indicate a change in the director’s view of the company.