Advance Auto Parts director receives equity awards
ADVANCE AUTO PARTS INC director Eugene I. Lee Jr reported equity compensation transactions involving common stock.
Rhea-AI Filing Summary
ADVANCE AUTO PARTS INC director Eugene I. Lee Jr reported equity compensation transactions involving common stock. On June 2, 2026, he received two awards totaling deferred stock units and common shares under the company’s Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives at a reference price of $57.65 per share. These deferred stock units will convert into common stock and vest on June 2, 2027, with pro-rata distribution if his board service ends earlier, or full distribution at the end of his board service. Following these awards, he holds 89,810.926 common shares directly and 34,070 common shares indirectly through a family trust.
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Insider Trade Summary
Grant/Award: 5,810.928 shares
Grant/Award
3 txns
Insider
LEE EUGENE I JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,209.02 | $57.65 | $185K |
| Grant/Award | Common Stock | 2,601.908 | $57.65 | $150K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 89,810.926 shares (Direct);
Common Stock — 34,070 shares (Indirect, By Family Trust)
Footnotes (2)
- F1. 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.
- F2. These shares of issuer common stock were acquired by the reporting person in lieu of cash compensation under the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives.
Key Figures
Equity award 1: 2,601.908 shares
Equity award 2: 3,209.020 shares
Direct holdings after transactions: 89,810.926 shares
+3 more
6 metrics
Equity award 1
2,601.908 shares
Common stock grant on June 2, 2026 at $57.65 per share
Equity award 2
3,209.020 shares
Common stock grant on June 2, 2026 at $57.65 per share
Direct holdings after transactions
89,810.926 shares
Advance Auto Parts common stock directly owned after June 2, 2026 awards
Indirect holdings via family trust
34,070 shares
Advance Auto Parts common stock held indirectly by family trust
Award reference price
$57.65 per share
Reference price used for June 2, 2026 stock awards
Vesting date
June 2, 2027
Deferred stock units vesting date under Deferred Stock Unit Plan
Key Terms
deferred stock units, Deferred Stock Unit Plan, in lieu of cash compensation, non-employee directors
4 terms
deferred stock units financial
"These deferred stock units, which will be converted to shares of issuer common stock at the time of distribution"
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 financial
"awarded under the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives"
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.
in lieu of cash compensation financial
"shares of issuer common stock were acquired by the reporting person in lieu of cash compensation"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did AAP director Eugene I. Lee Jr report?
Eugene I. Lee Jr reported equity compensation transactions in Advance Auto Parts common stock. On June 2, 2026, he received awards of deferred stock units and shares under the company’s Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives at a reference price of $57.65 per share.
What was the size of the equity awards reported by AAP director Eugene I. Lee Jr?
The filing shows two equity awards to Eugene I. Lee Jr: 2,601.908 shares and 3,209.020 shares of Advance Auto Parts common stock. Both were recorded at a reference price of $57.65 per share and classified as grant or award acquisitions under code A.
When do Eugene I. Lee Jr’s deferred stock units in AAP vest and distribute?
The deferred stock units awarded to Eugene I. Lee Jr vest on June 2, 2027. They will be distributed on a pro-rata basis if his board service ends before that date, or distributed at the end of his board service if he remains a director through vesting.
Are Eugene I. Lee Jr’s AAP deferred stock units immediately convertible to common stock?
The deferred stock units will be converted to shares of Advance Auto Parts common stock at distribution. According to the plan terms in the filing, distribution occurs on a pro-rata basis if board service ends before June 2, 2027, or at the end of his board service otherwise.
AI-generated analysis. How Rhea-AI works. Not financial advice.
