STOCK TITAN

Director at Advance Auto Parts (AAP) receives deferred stock unit award

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

Rhea-AI Filing Summary

Advance Auto Parts director Richard A. Johnson received a grant of 4,163.053 deferred stock units of common stock on June 2, 2026. The award was made under the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives and equals his entire reported direct holding.

These units will vest on June 2, 2027 and convert into shares of common stock at distribution. If his board service ends before vesting, the units will be distributed on a pro-rata basis; otherwise, they will be distributed at the end of his board service.

Positive

  • None.

Negative

  • None.
Insider Johnson Richard A
Role null
Type Security Shares Price Value
Grant/Award Common Stock 4,163.053 $57.65 $240K
Holdings After Transaction: Common Stock — 4,163.053 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 4,163.053 shares Deferred stock unit grant of common stock on June 2, 2026
Price per unit $57.65 per share Transaction price per share for the deferred stock unit award
Total shares after grant 4,163.053 shares Reported direct holdings following the award
Vesting date June 2, 2027 Date when the deferred stock units vest
Deferred stock units financial
"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"
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.
Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives financial
"were awarded under the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives"
vest 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."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
board service 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."
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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*
Johnson Richard A

(Last)(First)(Middle)
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 Stock06/02/2026A4,163.053(1)A$57.654,163.053D
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 Richard A Johnson06/04/2026
** 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 insider transaction did Advance Auto Parts (AAP) report for Richard A. Johnson?

Advance Auto Parts reported that director Richard A. Johnson received a grant of deferred stock units. The Form 4 shows an acquisition of 4,163.053 common stock units as a compensation award rather than an open-market purchase or sale.

How many Advance Auto Parts shares did Richard A. Johnson acquire in this Form 4?

Richard A. Johnson was granted 4,163.053 deferred stock units of Advance Auto Parts common stock. After this grant, his reported direct holdings total 4,163.053 units, reflecting this single compensation-related acquisition disclosed in the filing.

What plan governs Richard A. Johnson’s stock unit award at Advance Auto Parts (AAP)?

The award was granted under the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives. This plan provides deferred stock units that convert into shares of common stock at distribution, tied to the director’s board service.

When do Richard A. Johnson’s deferred stock units at Advance Auto Parts vest?

The deferred stock units granted to Richard A. Johnson will vest on June 2, 2027. They will then be converted to shares of common stock and distributed either pro-rata if board service ends earlier, or at the end of his board service.

Is Richard A. Johnson’s Form 4 transaction a market purchase of AAP stock?

No, the Form 4 shows a grant of deferred stock units, not a market purchase. The transaction code is “A” for a grant or award, reflecting compensation granted under the company’s deferred stock unit plan for non-employee directors.

How will Richard A. Johnson’s Advance Auto Parts deferred stock units be distributed?

The deferred stock units will be converted into shares of issuer common stock at distribution. If his board service ends before June 2, 2027, distribution occurs on a pro-rata basis; otherwise, distribution occurs at the end of his board service.