Advance Auto Parts EVP has shares withheld for taxes
Advance Auto Parts executive Kristen L. Soler reported a routine tax-withholding transaction related to vested stock awards.
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Rhea-AI Filing Summary
Advance Auto Parts executive Kristen L. Soler reported a routine tax-withholding transaction related to vested stock awards. On June 12, 759 shares of common stock were withheld at $60.80 per share to cover taxes due on time-based restricted stock units that began vesting from a June 12, 2023 grant. After this withholding, she directly holds 31,311 shares of Advance Auto Parts common stock. This was not an open-market sale but an automatic share withholding for tax purposes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 759 | $60.80 | $46K |
Footnotes (1)
- F1. Represents shares withheld to satisfy taxes at vesting of certain time-based restricted stock units granted on June 12, 2023 and vesting in three equal annual installments beginning on the one year anniversary of the grant date.
Key Figures
Key Terms
restricted stock units financial
tax-withholding disposition financial
time-based restricted stock units financial
FAQ
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What did AAP executive Kristen L. Soler report in this Form 4?
Was Kristen Soler’s AAP Form 4 a discretionary stock sale?
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