Advance Auto Parts (NYSE: AAP) director adds shares through dividend reinvestment
Rhea-AI Filing Summary
Advance Auto Parts director Eugene I. Lee Jr. reported acquiring 388.3700 shares of common stock on July 24, 2026 at $55.8000 per share. The shares were acquired through a dividend reinvestment feature of the company’s Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives. After this transaction he directly holds 90,199.2960 shares and indirectly holds 34,070.0000 shares through a family trust.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 388.37 shares
Net Buy
2 txns
Insider
LEE EUGENE I JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 388.37 | $55.80 | $22K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 90,199.296 shares (Direct);
Common Stock — 34,070 shares (Indirect, By Family Trust)
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: 388.3700 shares
Acquisition price: $55.8000 per share
Direct holdings after transaction: 90,199.2960 shares
+2 more
5 metrics
Shares acquired
388.3700 shares
Common stock acquired on 2026-07-24 via dividend reinvestment
Acquisition price
$55.8000 per share
Price for the 388.3700 acquired common shares
Direct holdings after transaction
90,199.2960 shares
Direct common stock ownership by Eugene I. Lee Jr. following acquisition
Indirect family trust holdings
34,070.0000 shares
Common stock held indirectly by family trust
Transaction date
2026-07-24
Date of the grant/award acquisition of common stock
Key Terms
Deferred Stock Unit Plan, dividend reinvestment, Rule 10b5-1, indirect ownership
4 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.
Rule 10b5-1 regulatory
"aff_10b5_one is false, indicating no Rule 10b5-1 trading plan affirmation"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
indirect ownership financial
"total_shares_following_transaction 34070.0000, nature_of_ownership "By Family Trust" indicating indirect ownership"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Advance Auto Parts (AAP) report for Eugene I. Lee Jr.?
Advance Auto Parts reported that Eugene I. Lee Jr. acquired 388.3700 shares of common stock on July 24, 2026. The acquisition was coded as a grant/award transaction and occurred through a dividend reinvestment feature of the company’s Deferred Stock Unit Plan.
Was the AAP insider transaction made under a Rule 10b5-1 trading plan?
The filing indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan. The document-level checkbox affirming Rule 10b5-1 status is marked false, meaning no such pre-arranged trading plan was claimed for this acquisition.