Advance Auto Parts exec tax-withholding share move
Advance Auto Parts executive Kristen L. Soler reported a small, routine tax-related share disposition.
Rhea-AI Filing Summary
Advance Auto Parts executive Kristen L. Soler reported a small, routine tax-related share disposition. On this Form 4, 45 shares of common stock were withheld on March 6, 2026 at $50.33 per share to cover taxes due at vesting of restricted stock units granted on March 6, 2023. After this withholding, she directly holds 32,324 shares of Advance Auto Parts common stock. This event reflects compensation-related tax withholding rather than an open-market sale.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding on RSU vesting; minimal signal for shareholders.
This Form 4 shows 45 shares of Advance Auto Parts common stock withheld to satisfy taxes when time-based restricted stock units vested from a 2023 grant. The transaction price of $50.33 simply reflects the value used for the tax calculation.
Following this event, EVP and Chief HR Officer Kristen L. Soler continues to hold 32,324 shares directly, so the withheld amount is very small relative to her position. Because this is a compensation-driven, non-market disposition, it carries little informational value about her outlook on the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 45 | $50.33 | $2K |
Footnotes (1)
- F1. Represents shares withheld to satisfy taxes at vesting of certain time-based restricted stock units granted on March 6, 2023 and vesting in three equal annual installments beginning on the one year anniversary of the grant date.
FAQ
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What did Advance Auto Parts (AAP) executive Kristen L. Soler report on this Form 4?
What equity award triggered the tax withholding reported for AAP’s executive?
AI-generated analysis. How Rhea-AI works. Not financial advice.