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