Advance Auto Parts (NYSE: AAP) director adds shares via dividend plan
Rhea-AI Filing Summary
Cynthia T. Jamison, a director of Advance Auto Parts, acquired 16.514 shares of common stock on July 24, 2026 at $55.80 per share. The shares were obtained automatically through a dividend reinvestment feature of the company’s Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives. After this award, she directly holds 3,702.55 common shares.
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Insider Trade Summary
Net Buyer: 16.514 shares
Net Buy
1 txn
Insider
JAMISON CYNTHIA T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 16.514 | $55.80 | $921.48 |
Holdings After Transaction:
Common Stock — 3,702.55 shares (Direct)
Footnotes (1)
- F1. These shares of issuer common stock were acquired pursuant to a dividend reinvestment feature of the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives
Key Figures
Shares acquired: 16.514 shares
Reported price per share: $55.80
Holdings after transaction: 3,702.55 shares
3 metrics
Shares acquired
16.514 shares
Common stock credited on July 24, 2026 via dividend reinvestment feature
Reported price per share
$55.80
Price associated with the 16.514 shares acquired
Holdings after transaction
3,702.55 shares
Total direct common stock holdings of Cynthia T. Jamison after the award
Key Terms
Deferred Stock Unit Plan, dividend reinvestment, Non-Employee Directors
3 terms
Deferred Stock Unit Plan financial
"acquired pursuant to a dividend reinvestment feature of the Advance Auto Parts, Inc. Deferred Stock Unit Plan"
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.
dividend reinvestment financial
"shares of issuer common stock were acquired pursuant to a dividend reinvestment feature"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Non-Employee Directors financial
"Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Cynthia T. Jamison report for AAP?
Cynthia T. Jamison reported acquiring 16.514 shares of Advance Auto Parts common stock at $55.80 per share on July 24, 2026. The acquisition occurred through a dividend reinvestment feature of the company’s Deferred Stock Unit Plan.
Was the AAP Form 4 transaction an open-market purchase?
No. The 16.514 shares were acquired through a dividend reinvestment feature of Advance Auto Parts’ Deferred Stock Unit Plan. This indicates an automatic plan-related acquisition rather than a discretionary open-market stock purchase.