STOCK TITAN

Advance Auto Parts (NYSE: AAP) director awarded 3,209 deferred stock units as equity compensation

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bailo Carla Jean reported acquisition or exercise transactions in this Form 4 filing.

Advance Auto Parts director Carla Jean Bailo received an equity award in the form of deferred stock units. On June 2, 2026, she was granted 3,209.020 shares of Common Stock-equivalent units at $57.65 per share under the company’s Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives.

After this grant, Bailo directly holds 15,262.017 shares of Advance Auto Parts common stock, and indirectly holds 500 shares through a family trust. The deferred stock units will vest on June 2, 2027 and will be distributed either pro-rata if board service ends earlier or at the end of her board service.

Positive

  • None.

Negative

  • None.
Insider Bailo Carla Jean
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3,209.02 $57.65 $185K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 15,262.017 shares (Direct, null); Common Stock — 500 shares (Indirect, By Family Trust)
Footnotes (1)
  1. [object Object]
Deferred stock units granted 3,209.020 shares Equity grant on June 2, 2026
Grant price $57.65 per share Price used for deferred stock unit award
Direct holdings after grant 15,262.017 shares Common Stock directly owned after transaction
Indirect holdings 500 shares Common Stock held by family trust
Vesting date June 2, 2027 Deferred stock units vesting date
Deferred Stock Unit Plan financial
"were awarded under the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives"
A deferred stock unit plan grants employees or executives hypothetical share units that convert into actual shares or cash at a future date, often after meeting conditions like continued employment or retirement. It matters to investors because it ties pay to long-term performance and creates a future claim on the company’s stock or cash, which can dilute existing shareholders or signal management’s confidence in future value — like a delayed bonus paid in ownership.
deferred stock units financial
"These deferred stock units, which will be converted to shares of issuer common stock at the time of distribution"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
pro-rata basis financial
"These shares will vest on June 2, 2027 and will be distributed on a pro-rata basis if board service ends prior to the vesting date"
Allocation or distribution that gives each participant a share proportional to their existing ownership, stake or entitlement — like slicing a pie so everyone gets a piece matching how big their original slice was. For investors this matters because it determines how much of new shares, dividends, fees or obligations they receive, helps preserve or change ownership percentages, and directly affects dilution and voting power.
board service financial
"Otherwise, these shares will be distributed to the reporting person at the end of the director's board service"
Family Trust financial
"direct_or_indirect: I, nature_of_ownership: By Family Trust"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bailo Carla Jean

(Last)(First)(Middle)
ADVANCE AUTO PARTS, INC.
4200 SIX FORKS ROAD

(Street)
RALEIGH NORTH CAROLINA 27609

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ADVANCE AUTO PARTS INC [ AAP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/02/2026A3,209.02(1)A$57.6515,262.017D
Common Stock500IBy Family Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These deferred stock units, which will be converted to shares of issuer common stock at the time of distribution, were awarded under the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives. These shares will vest on June 2, 2027 and will be distributed on a pro-rata basis if board service ends prior to the vesting date. Otherwise, these shares will be distributed to the reporting person at the end of the director's board service.
/s/ Amanda L. Keister, as Attorney-in-Fact for Carla J. Bailo06/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Advance Auto Parts (AAP) director Carla Jean Bailo report on this Form 4?

Carla Jean Bailo reported receiving an equity grant of deferred stock units tied to Advance Auto Parts common stock. The award reflects compensation for her role as a non-employee director under the company’s Deferred Stock Unit Plan.

How many Advance Auto Parts shares were granted to Carla Jean Bailo in this transaction?

She was granted 3,209.020 deferred stock units linked to Advance Auto Parts common stock. These units represent a right to receive the same number of shares upon distribution, subject to the plan’s vesting and service conditions.

What was the grant price for Carla Jean Bailo’s Advance Auto Parts deferred stock units?

The deferred stock units were granted at $57.65 per share. This price reflects the value used for the equity award on the grant date under the company’s Deferred Stock Unit Plan for non-employee directors and selected executives.

How many Advance Auto Parts shares does Carla Jean Bailo own after this Form 4 transaction?

Following the grant, she directly owns 15,262.017 shares of Advance Auto Parts common stock. In addition, she indirectly holds 500 shares through a family trust, as reported in the Form 4 ownership details.

When do Carla Jean Bailo’s deferred stock units in Advance Auto Parts vest and get distributed?

The deferred stock units vest on June 2, 2027. If her board service ends before that date, they will be distributed on a pro-rata basis; otherwise, distribution occurs at the end of her board service, according to the plan terms.

Are Carla Jean Bailo’s indirect holdings in Advance Auto Parts part of this new grant?

No, the 500 indirectly held shares are owned through a family trust and represent existing holdings. The new grant specifically relates to 3,209.020 deferred stock units awarded under the Deferred Stock Unit Plan for her board service.