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Advance Auto Parts (AAP) CFO discloses RSU tax withholding and 52,902 shares owned

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

Rhea-AI Filing Summary

Advance Auto Parts executive vice president and chief financial officer Ryan P. Grimsland reported a routine share withholding related to vested equity awards. On December 4, 2025, the company withheld 3,597 shares of common stock at $52.50 per share to cover taxes due upon the vesting of time-based restricted stock units that were granted on December 4, 2023 and vest in three equal annual installments. After this tax-withholding transaction, Grimsland directly beneficially owns 52,902 shares of Advance Auto Parts common stock.

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SEC Form 4
FORM 4 UNITED 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*
Grimsland Ryan P

(Last) (First) (Middle)
4200 SIX FORKS ROAD

(Street)
RALEIGH NC 27609

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ADVANCE AUTO PARTS INC [ AAP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
12/04/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 12/04/2025 F 3,597(1) D $52.5 52,902 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares withheld to satisfy taxes at vesting of certain time-based restricted stock units granted on December 4, 2023 and vesting in three equal annual installments beginning on the one year anniversary of the grant date.
Remarks:
/s/ Amanda L. Keister, as Attorney-in-Fact for Ryan P. Grimsland 12/05/2025
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Advance Auto Parts (AAP) report in this filing?

The filing reports that CFO Ryan P. Grimsland had 3,597 shares of Advance Auto Parts common stock withheld on December 4, 2025 to satisfy taxes on vested restricted stock units.

What was the price used for the share withholding in the AAP Form 4?

The shares were withheld at a price of $52.50 per share in connection with the tax withholding on vested restricted stock units.

How many Advance Auto Parts (AAP) shares does the CFO own after this transaction?

Following the reported tax-withholding transaction, CFO Ryan P. Grimsland directly beneficially owns 52,902 shares of Advance Auto Parts common stock.

What equity award was involved in the AAP CFO’s December 4, 2025 transaction?

The transaction involved time-based restricted stock units granted on December 4, 2023, which vest in three equal annual installments beginning one year after the grant date.

Is this Advance Auto Parts (AAP) Form 4 a sale of shares on the open market?

No. The reported disposition reflects shares withheld to satisfy taxes upon vesting of restricted stock units, rather than a discretionary open-market sale.

Advance Auto Parts Inc

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3.15B
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Auto Parts
Retail-auto & Home Supply Stores
Link
United States
RALEIGH