Advance Auto Parts (AAP) SVP granted time- and performance-based RSUs

Rhea-AI Filing Summary

Advance Auto Parts senior vice president, controller and chief accounting officer Michael Beland reported acquiring a total of 5,729 shares of common stock through equity awards coded as grants or other acquisitions. These awards are structured as time-based restricted stock units that generally vest in three approximately equal annual installments starting one year after the grant date.

Footnotes explain that the reported time-based restricted stock units represent 50% of a broader target equity award, with the remaining 50% in performance-based units not reported in this filing. Those performance-based units may vest on the third anniversary of the grant date if pre-determined financial performance targets are achieved and certified by the compensation committee, with the potential for above-target vesting for exceptional performance.

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^*

Beland Michael

(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, Controller and CAO

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	16,144	D
Common Stock	02/17/2026		A		2,644(2)	A	$56.74	18,788	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.

2. The reported amount represents an equity award of time-based restricted stock units (RSUs) that are subject to time vesting in three approximately equal annual installments beginning one year from the grant date.

Remarks:

	/s/ Amanda L. Keister, as Attorney-in-Fact for Michael Beland	02/19/2026
	** 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).
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FAQ

What insider transaction did Advance Auto Parts (AAP) report for Michael Beland?

Advance Auto Parts reported that Michael Beland received equity awards totaling 5,729 shares of common stock. These were coded as grants or other acquisitions and structured as restricted stock units that vest over time, rather than open-market purchases or sales.

How do Michael Beland’s time-based RSUs from Advance Auto Parts (AAP) vest?

The time-based restricted stock units granted to Michael Beland vest in three approximately equal annual installments. Vesting begins one year from the grant date, meaning the award becomes fully vested over a three-year period if continued service conditions are met.

What portion of Michael Beland’s AAP equity award is reported on this Form 4?

The Form 4 reports the time-based restricted stock units, which constitute 50% of a target equity award. The remaining 50% consists of performance-based restricted stock units that are not reported here but are part of the same overall target award structure.

How are Michael Beland’s performance-based RSUs at Advance Auto Parts (AAP) earned?

Performance-based restricted stock units may vest on the third anniversary of the grant date. Vesting depends on Advance Auto Parts achieving pre-determined financial performance targets, subject to certification by the compensation committee, with potential for above-target share vesting in cases of exceptional performance.

Is Michael Beland’s transaction in AAP stock a market purchase or sale?

The reported transactions are equity grants classified as grants or other acquisitions, not market purchases or sales. They involve restricted stock units awarded as part of compensation, which vest over time or based on performance rather than being bought or sold on the open market.