Advance Auto Parts director granted 3,209 stock units
Advance Auto Parts director Joan M. Hilson received a new equity award.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Advance Auto Parts director Joan M. Hilson received a new equity award. She was granted 3,209.020 shares of common stock on an award basis at $57.65 per share, increasing her direct holdings to 12,939.044 shares.
The award consists of deferred stock units under the company’s Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives. These units will vest on June 2, 2027 and convert into common shares at distribution. If her board service ends before vesting, distributions will be made on a pro-rata basis; otherwise, the shares will be delivered at the end of her board service. Hilson also has 388 shares held indirectly by a trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,209.02 | $57.65 | $185K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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.
Key Figures
Key Terms
deferred stock units financial
Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives financial
vest financial
pro-rata basis financial
board service financial
AI-generated analysis. How Rhea-AI works. Not financial advice.