PHELPS BARRY 4
4 · CarParts.com, Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
CarParts (PRTS) Director Barry Phelps Receives RSU Award
What Happened
Barry Phelps, a director of CarParts.com, was granted 218,342 restricted stock units (RSUs) on 2026-05-19. The filing shows an acquisition at $0.00 because these are cash‑settled RSUs (a derivative award), not an open‑market purchase of shares. No immediate shares or cash were reported as transferred in this filing.
Key Details
- Transaction date: 2026-05-19; Transaction type/code: Award/Grant (A)
- Amount: 218,342 RSUs; reported acquisition price: $0.00 (derivative)
- Shares owned after transaction: not specified in the provided filing extract
- Footnote: RSUs are cash‑settled — each RSU entitles the holder to receive a cash amount equal to the fair market value of one share on the vesting date. Vesting is scheduled for the 2027 annual shareholder meeting, contingent on continued service.
- Filing timeliness: Reported on the same date as the transaction (no late filing indicated in the provided data)
Context
Cash‑settled RSUs do not result in immediate stock ownership or share dilution; they represent a future cash payment tied to the company’s share price at vesting. Such director compensation grants are routine and should not be interpreted as a direct buy or sell signal by the insider.
Insider Transaction Report
Form 4
PHELPS BARRY
Director
Transactions
- Award
Restricted Stock Units
[F1]2026-05-19+218,342→ 218,342 total→ Common Stock (218,342 underlying)
Footnotes (1)
- [F1]Reflects cash-settled RSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's common stock on the applicable vesting date. The RSUs shall vest on the 2027 annual shareholder meeting date, as long as the Reporting Person's service with the Company has not previously ended.
Signature
/s/ Barry Phelps|2026-05-19