Advance Auto Parts CEO shares withheld for taxes

Advance Auto Parts President and CEO Shane M. O’Kelly had 2,959 shares of Common Stock withheld on March 14, 2026 to cover taxes due at the vesting of previously granted time-based restricted stock units.

Accepted by SEC EDGAR 03/17/2026 - 04:05 PM EDT

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Advance Auto Parts President and CEO Shane M. O’Kelly had 2,959 shares of Common Stock withheld on March 14, 2026 to cover taxes due at the vesting of previously granted time-based restricted stock units. This was a tax-withholding disposition, not an open-market sale. After the withholding, he directly holds 214,707 shares of company stock.

Insider Trade Summary

Exercise Price or Tax Liability: 2,959 shares

Exercise Price or Tax Liability 1 txn

Insider OKelly Shane M

Role Director, President and CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	2,959	$51.73	$153K

Holdings After Transaction: Common Stock — 214,707 shares (Direct)

Footnotes (1)

F1. Represents shares withheld to satisfy taxes at vesting of certain time-based restricted stock units granted on March 14, 2024 and vesting in three equal annual installments beginning on the one year anniversary of the grant date.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Advance Auto Parts (AAP) report for Shane O’Kelly?

Advance Auto Parts reported that CEO Shane O’Kelly had 2,959 shares withheld to pay taxes at RSU vesting. This Form 4 reflects a tax-withholding disposition, not an open-market purchase or sale of company stock.

Was the Advance Auto Parts CEO’s Form 4 transaction a sale of AAP shares?

No, the transaction was not an open-market sale. 2,959 shares were withheld by the company to satisfy tax obligations at vesting of restricted stock units, a common administrative step in equity compensation programs.

How many Advance Auto Parts (AAP) shares does the CEO hold after this transaction?

After the tax-withholding transaction, CEO Shane O’Kelly directly holds 214,707 shares of Advance Auto Parts Common Stock. The Form 4 shows only this routine withholding related to equity award vesting, with no open-market trading reported.

What triggered the tax withholding on the CEO’s AAP shares?

The withholding was triggered by the vesting of time-based restricted stock units granted on March 14, 2024. Those RSUs vest in three equal annual installments, and this event required shares be withheld to cover associated tax liabilities.

What does transaction code F mean in the AAP CEO’s Form 4 filing?

Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this case, 2,959 Advance Auto Parts shares were withheld to satisfy taxes at RSU vesting, rather than being sold on the open market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

OKelly Shane M

(Last)

(First)

(Middle)

4200 SIX FORKS ROAD

(Street)

RALEIGH

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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Director, President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/14/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/14/2026		F		2,959⁽¹⁾	D	$51.73	214,707	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares withheld to satisfy taxes at vesting of certain time-based restricted stock units granted on March 14, 2024 and vesting in three equal annual installments beginning on the one year anniversary of the grant date.

	/s/ Amanda L. Keister, as Attorney-in-Fact for Shane M. OKelly	03/17/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR