Vining Jeffrey 4

What Happened
Jeffrey Vining, EVP, General Counsel and Corporate Secretary of Advance Auto Parts (AAP), was granted 7,050 restricted stock units (RSUs) on 2026-02-17. The grant is reported at a per-share value of $56.74, for a total grant value of approximately $400,017. This was an award/compensation grant (Form 4 transaction code A), not an open-market purchase.

Key Details

• Transaction date: 2026-02-17; filing date: 2026-02-19 (timely).
• Grant: 7,050 RSUs at $56.74 per share; total reported value $400,017.
• Shares owned after transaction: not disclosed on this Form 4.
• Footnote: The award represents a target equity award split 50% time-based RSUs and 50% performance-based RSUs. Time-based RSUs vest in three roughly equal annual installments starting about one year after the grant. Performance RSUs may vest at the third anniversary only if pre-set financial targets are met and certified by the Compensation Committee; above-target vesting is possible for exceptional performance.

Context
This is a standard equity compensation grant to an executive and does not involve a cash purchase or sale. Time-based RSUs vest over time while the performance RSUs depend on future company performance and committee certification, so actual shares received will depend on vesting outcomes.