Costa Lisa 4

What Happened

• Lisa Costa, a director of CarParts.com, was granted 186,717 cash‑settled restricted stock units (RSUs) on 2026-05-19. The grant is recorded at $0.00 per unit in the Form 4 and is reported as an Award/Grant (transaction code A). These RSUs are derivative awards that will pay an amount in cash equal to the fair market value of one share on the applicable vesting date.

Key Details

• Transaction date: 2026-05-19; reported/ filed: 2026-05-19 (same day).
• Grant: 186,717 RSUs; reported price: $0.00 (derivative award).
• Vesting: RSUs vest on the Company’s 2027 annual shareholder meeting date, contingent on continued service (see footnote F1).
• Shares owned after transaction: not specified in the provided filing summary.
• No 10b5‑1 plan, tax‑withholding, or late‑filing indicators noted in the supplied details.

Context

• These are cash‑settled RSUs, meaning Ms. Costa will receive cash equal to the stock’s fair market value at vesting rather than company shares. This is a compensation award (neither a market purchase nor a sale) and is commonly used for director pay; it does not by itself signal a buy or sell opinion by the insider.