AAP (NYSE: AAP) SVP Anthony Hurst receives 3,085-share restricted stock grant

Rhea-AI Filing Summary

Advance Auto Parts senior vice president Anthony T. Hurst received an equity award of 3,085 shares of common stock on February 17, 2026, recorded as a grant or other acquisition rather than an open-market purchase. The award is based on a reference price of $56.74 per share.

The filing explains that these shares are time-based restricted stock units that form one half of a broader target equity award, with the other half made up of performance-based restricted stock units that are not detailed here. The time-based units vest in three approximately equal annual installments starting one year after the grant date, while the performance-based portion may vest on the third anniversary if specific financial performance goals are certified by the company’s compensation committee, including the possibility of above-target payouts for exceptional results.

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

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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^*

Hurst Anthony T.

(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)
	SVP, Store Ops & DIY Transform

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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	02/17/2026		A		3,085(1)	A	$56.74	3,085	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. The reported amount of time-based restricted stock units (RSUs) along with performance-based RSUs not reported on this Form 4, collectively, represent 50% and 50% portions, respectively, of a target equity award. The time-based RSUs are subject to time vesting in three approximately equal annual installments beginning one year from the grant date. The performance-based RSUs may vest on the third anniversary of the grant date, if the registrant achieves certain pre-determined financial performance targets, subject to certification by the registrant's Compensation Committee, including the potential for vesting of above-target level shares for exceptional performance.

	/s/ Amanda L. Keister, as Attorney-in-Fact for Anthony T. Hurst	03/02/2026
	** 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.
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FAQ

What insider transaction did AAP executive Anthony T. Hurst report?

Anthony T. Hurst reported an equity grant of 3,085 shares of Advance Auto Parts common stock. The award is classified as a grant or other acquisition, not a market purchase, and reflects part of his long-term incentive compensation structure.

What type of equity award did AAP grant to Anthony T. Hurst?

Advance Auto Parts granted Anthony T. Hurst time-based restricted stock units representing 3,085 shares. These units are one half of a target equity award, paired with performance-based restricted stock units that are described but not fully quantified in the same disclosure.

How do Anthony T. Hurst’s AAP time-based RSUs vest?

The time-based restricted stock units granted to Anthony T. Hurst vest in three approximately equal annual installments. Vesting begins one year from the grant date, aligning the award with multi-year service and retention objectives at Advance Auto Parts.

What performance conditions apply to AAP’s performance-based RSUs mentioned in the filing?

The performance-based restricted stock units may vest on the third anniversary of the grant date if Advance Auto Parts meets predetermined financial performance targets. Vesting is subject to certification by the compensation committee and allows above-target payouts for exceptional performance.

What was the reference share price for Anthony T. Hurst’s AAP equity grant?

The equity grant to Anthony T. Hurst used a reference price of $56.74 per share for the 3,085-share award. This price is used for valuation and reporting purposes rather than indicating an open-market transaction in Advance Auto Parts stock.

Does the Form 4 show any stock sales by Anthony T. Hurst of AAP?

The disclosure shows only an acquisition of 3,085 shares through an equity grant to Anthony T. Hurst. There are no reported sales or disposals in this transaction, indicating it is strictly an award of restricted stock units.