ADVANCE AUTO PARTS INC·4

Feb 19, 4:06 PM ET

Soler Kristen L 4

Research Summary

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Advance Auto Parts (AAP) EVP Kristen Soler Receives RSU Award

What Happened

  • Kristen L. Soler, EVP & Chief HR Officer of Advance Auto Parts (AAP), was granted 10,575 restricted stock units (RSUs) on Feb 17, 2026. The grant is reported at $56.74 per share, a total reported value of $600,026. This was an award (transaction code A), not a purchase or sale.

Key Details

  • Transaction date: 2026-02-17; Form 4 filed: 2026-02-19.
  • Grant: 10,575 RSUs at $56.74 per share; reported value $600,026.
  • Reported portion: these RSUs represent the time-based 50% portion of a target equity award; the other 50% are performance-based RSUs not reported on this Form 4 (see footnote).
  • Vesting: time-based RSUs vest in ~3 equal annual installments beginning one year from the grant; performance RSUs may vest on the third anniversary subject to pre-determined financial targets and Compensation Committee certification (possible above-target vesting for exceptional performance).
  • Shares owned after the transaction: not disclosed on this Form 4.
  • No 10b5-1 plan, tax-withholding, or late-filing flags reported.

Context

  • RSU grants are a form of compensation that vest over time (and/or on performance), so they are not an immediate cash buy or sale. Time-based RSUs signal retention incentives, while the performance RSUs depend on future company results and committee certification.