Advance Auto Parts CEO Shane O'Kelly Withholds 11,437 Shares

What Happened

• Shane M. O'Kelly, President, CEO and Director of Advance Auto Parts (AAP), had 11,437 shares withheld to satisfy tax withholding obligations related to vested time-based restricted stock units. The withholding is reported as a disposition (code F) at $42.55 per share, totaling approximately $486,644.

Key Details

• Transaction date: 2026-09-18; Filing date: 2026-09-22 (filed 4 days after the transaction; this may be beyond the standard 2-business-day Form 4 deadline).
• Price and value: 11,437 shares withheld at $42.55 each; total value reported $486,644.
• Transaction code: F (shares withheld to satisfy tax liability).
• Footnote: These shares were withheld to satisfy taxes upon vesting of time-based RSUs granted on September 18, 2023 that vest in three equal annual installments beginning on the one-year anniversary of the grant.
• Shares owned after transaction: Not specified in the summary information provided (see the full Form 4 for post-transaction holdings).

Context

• This is a routine tax-withholding disposition tied to RSU vesting, not an open-market sale or a purchase; such withholdings are common and do not necessarily indicate a change in the insider’s view of the company.
• For full context on ownership and any potential timeliness issues, consult the complete Form 4 filing (Accession 0001193125-26-397872).