Advance Auto Parts (AAP) SVP has 933 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Advance Auto Parts senior vice president, controller and chief accounting officer Michael Beland reported an automatic withholding of company stock to cover taxes due at vesting of prior equity awards. On January 20, 2026, 933 shares of common stock were withheld at a price of $41.31 per share in connection with time-based restricted stock units granted on January 20, 2025, which vest in three equal annual installments starting on the one-year anniversary of the grant date. After this tax-related withholding, Beland beneficially owned 13,059 shares of Advance Auto Parts common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Beland Michael
Role
SVP, Controller and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 933 | $41.31 | $39K |
Holdings After Transaction:
Common Stock — 13,059 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did AAP executive Michael Beland report?
Michael Beland, SVP, Controller and CAO of Advance Auto Parts (AAP), reported an automatic tax withholding of 933 shares of common stock on January 20, 2026 related to vesting restricted stock units.
What type of equity award was involved in Michael Beland's AAP Form 4 filing?
The transaction related to time-based restricted stock units granted on January 20, 2025, which vest in three equal annual installments beginning on the one-year anniversary of the grant date.
What does transaction code F mean in the AAP Form 4 for Michael Beland?
Transaction code F indicates that the 933 shares of Advance Auto Parts common stock were withheld by the issuer to pay taxes due at vesting of the restricted stock units.