STOCK TITAN

Advance Auto Parts (AAP) director Eugene I. Lee Jr granted new stock awards

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

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.

Positive

  • None.

Negative

  • None.
Insider LEE EUGENE I JR
Role null
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 — 87,209.018 shares (Direct, null); Common Stock — 34,070 shares (Indirect, By Family Trust)
Footnotes (1)
  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. 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.
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
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.
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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*
LEE EUGENE I JR

(Last)(First)(Middle)
ADVANCE AUTO PARTS, INC.
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 Stock06/02/2026A3,209.02(1)A$57.6587,209.018D
Common Stock06/02/2026A2,601.908(2)A$57.6589,810.926D
Common Stock34,070IBy Family Trust
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.
2. 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.
/s/ Amanda L. Keister, as Attorney-in-Fact for Eugene I. Lee, Jr06/04/2026
** 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 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.

How many Advance Auto Parts (AAP) shares does Eugene I. Lee Jr now hold?

After the reported awards, Eugene I. Lee Jr holds 89,810.926 Advance Auto Parts common shares directly. He also has indirect ownership of 34,070 common shares through a family trust, giving him a combined reported position across direct and indirect holdings in the filing.

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.

Why did Eugene I. Lee Jr receive some AAP shares in lieu of cash compensation?

The filing states that certain shares of Advance Auto Parts common stock were acquired by Eugene I. Lee Jr in lieu of cash compensation. This occurred under the company’s Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives, which allows directors to receive equity instead of cash.

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.