Advance Auto Parts (AAP) director credited shares via dividend reinvestment plan
Rhea-AI Filing Summary
Advance Auto Parts, Inc. director Gregory L. Smith reported acquiring 43.353 shares of common stock on 2026-07-24. The shares were acquired at $55.80 per share pursuant to the dividend reinvestment feature of the company’s Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives, bringing his direct holdings to 9,719.689 shares.
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Insider Trade Summary
Net Buyer: 43.353 shares
Net Buy
1 txn
Insider
Smith Gregory L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 43.353 | $55.80 | $2K |
Holdings After Transaction:
Common Stock — 9,719.689 shares (Direct)
Footnotes (1)
- F1. These shares of issuer common stock were acquired pursuant to a dividend reinvestment feature of the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives
Key Figures
Shares acquired: 43.353 shares
Acquisition price: $55.80 per share
Post-transaction holdings: 9,719.689 shares
+1 more
4 metrics
Shares acquired
43.353 shares
Common stock acquired on 2026-07-24 via dividend reinvestment feature
Acquisition price
$55.80 per share
Price applied to shares acquired on 2026-07-24
Post-transaction holdings
9,719.689 shares
Direct common stock holdings after the reported acquisition
Transaction date
2026-07-24
Date of the reported common stock acquisition
Key Terms
Deferred Stock Unit Plan, dividend reinvestment, Non-Employee Directors and Selected Executives
3 terms
Deferred Stock Unit Plan financial
"acquired pursuant to a dividend reinvestment feature of the Advance Auto Parts, Inc. Deferred Stock Unit Plan"
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.
dividend reinvestment financial
"shares were acquired pursuant to a dividend reinvestment feature of the plan"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Non-Employee Directors and Selected Executives financial
"Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did AAP director Gregory L. Smith report?
Gregory L. Smith reported acquiring 43.353 shares of Advance Auto Parts common stock on 2026-07-24. The shares were obtained through a dividend reinvestment feature of the company’s Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives.
Was Gregory L. Smith’s AAP transaction under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not checked. This means the reported 43.353-share acquisition via dividend reinvestment was not affirmed as executed under a Rule 10b5-1 trading plan.