Meniane David 4

What Happened
Meniane David, CEO of CarParts.com (PRTS), had 72,652 Restricted Stock Units (RSUs vest) convert into common stock on Feb 6, 2026. The conversion shows an acquisition at $0.00 (vested award). To satisfy tax withholding, 26,068 of those shares were withheld/we disposed on Feb 9, 2026 at $0.50 per share for a total withholding of $13,034, leaving a net delivery of 46,584 shares to the CEO.

Key Details

• Transaction dates: 2026-02-06 (RSU conversion/vesting) and 2026-02-09 (tax withholding).
• Shares acquired via vesting: 72,652 at $0.00 (RSU conversion, code M).
• Shares withheld for taxes: 26,068 at $0.50, totaling $13,034 (code F; net settlement).
• Net shares delivered to insider: 46,584 (72,652 − 26,068).
• Footnotes: F1 confirms the RSUs were granted 2/6/2023 and vested 33.33% on 2/6/2026; F2 explains shares were withheld to satisfy tax obligations; F3 not applicable.
• Shares owned after the transaction are not provided in the excerpt of this filing.
• Filing date: Form filed 2026-02-09. No late-filing flag is indicated in the provided data.

Context
This was a routine RSU vesting and net settlement for tax withholding (company withheld shares rather than a cash payment). Such withholding is common and reflects compensation vesting rather than an open-market sale or purchase signaling investment conviction. The acquisition price of $0.00 reflects vesting of awards, not an out‑of‑pocket purchase.