Insider Transaction: AAP SVP Disposes 948 Shares, Retains 9.9k Stake

Rhea-AI Filing Summary

Advance Auto Parts (AAP) – Form 4 insider transaction

On 06/20/2025, Jason Hand, Senior Vice President – U.S. Stores, disposed of 948 shares of the company’s common stock at $48.518 per share (transaction code “S”). After the sale, he directly owns 9,876.243 shares. No derivative securities were reported. The filing was signed on 06/23/2025.

Positive

• None.

Negative

• SVP sold 948 shares at $48.518, which may be perceived as a cautious signal, although the volume is modest relative to his remaining stake.

Insights

Financial Analyst

TL;DR: Small insider sale; immaterial to fundamentals, neutral market impact.

The transaction involves fewer than 1,000 shares and leaves the executive with nearly 10,000 shares, indicating the sale represents a minor portion of his holdings. There are no accompanying derivative trades or indications of broader executive selling. For investors, this appears to be routine portfolio management rather than a signal of deteriorating company outlook. Given the low volume relative to AAP’s daily trading and market cap, the event is unlikely to affect valuation or liquidity.

Corporate Governance Specialist

TL;DR: Slightly negative sentiment; minimal governance concern.

Any insider sale can raise questions, but context matters. Jason Hand’s transaction is small and filed promptly, suggesting compliance with Section 16 obligations. The absence of a 10b5-1 plan notation could invite minor scrutiny, yet the overall share reduction is not large enough to signal strategic retreat. Corporate governance risk remains low, though some investors may interpret insider selling, however modest, as a cautious stance toward the share price.

Insider Trade Summary

Net Seller: 948 shares ($45,995)

Net Sell 1 txn

Insider Hand Jason

Role SVP, U.S. Stores

Sold 948 shs ($46K)

Type	Security	Shares	Price	Value
Sale	Common Stock	948	$48.518	$46K

Holdings After Transaction: Common Stock — 9,876.243 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Hand Jason

(Last) (First) (Middle)

4200 SIX FORKS ROAD

(Street)

RALEIGH NC 27609

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ADVANCE AUTO PARTS INC [ AAP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, U.S. Stores

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/20/2025		S		948	D	$48.518	9,876.243	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Amanda L. Keister, as Attorney-in-Fact for Jason Hand	06/23/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction was reported for Advance Auto Parts (AAP)?

SVP Jason Hand sold 948 common shares at $48.518 on 06/20/2025.

How many AAP shares does Jason Hand own after the sale?

He directly owns 9,876.243 shares following the transaction.

What transaction code appears in the Form 4 filing?

The filing lists transaction code “S”, indicating an open-market sale.

Were any derivative securities included in this Form 4?

No, the report shows no derivative security transactions.

When was the Form 4 for AAP signed?

The document was signed on 06/23/2025.