Advance Auto Parts director granted 3,209 stock units
Advance Auto Parts director Gregory L. Smith received a grant of 3,209.0200 deferred stock units of common stock at $57.65 per unit.
Rhea-AI Filing Summary
Advance Auto Parts director Gregory L. Smith received a grant of 3,209.0200 deferred stock units of common stock at $57.65 per unit. The award was made 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 shares of common stock at distribution. If his board service ends before vesting, distribution occurs on a pro-rata basis; otherwise, distribution occurs at the end of his board service. After this award, Smith directly holds 9,676.336 shares of common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,209.02 | $57.65 | $185K |
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
vesting financial
board service financial
FAQ
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What insider transaction did Advance Auto Parts (AAP) report for Gregory L. Smith?
When do Gregory L. Smith’s new Advance Auto Parts (AAP) deferred stock units vest?
At what price were Gregory L. Smith’s Advance Auto Parts (AAP) deferred stock units valued?
What plan governs Gregory L. Smith’s new deferred stock units in Advance Auto Parts (AAP)?
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