CarParts.com (PRTS) CTO gains 24,483 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CarParts.com, Inc. Chief Technology Officer Subramanian Kals reported the vesting and settlement of restricted stock units into common shares. On February 6, 2026, 24,483 restricted stock units granted on February 6, 2023 under the 2016 Equity Incentive Plan vested and converted into 24,483 shares of common stock at $0 per share. Following this transaction, Kals directly holds 367,756 shares of CarParts.com common stock. The vested units represented the final one‑third of the original award, vesting on the third anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
24,483 shares exercised/converted
Mixed
2 txns
Insider
Subramanian Kals
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 24,483 | $0.00 | -- |
| Exercise | Common Stock | 24,483 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 367,756 shares (Direct)
Footnotes (1)
- The Restricted Stock Units (RSU) were granted to the Reporting Person on February 6, 2023 pursuant to the CarParts.com, Inc. 2016 Equity Incentive Plan. Thirty-three and a third percent of the shares of stock subject to the RSU vested on February 6, 2026, the third, and final, anniversary of the grant date. Not applicable.
FAQ
What insider transaction did CarParts.com (PRTS) report for February 6, 2026?
CarParts.com reported that Chief Technology Officer Subramanian Kals had 24,483 restricted stock units vest and convert into 24,483 common shares on February 6, 2026. The transaction was reported at $0 per share as part of an equity incentive award.
What was the origin of the 24,483 RSUs reported in the CarParts.com (PRTS) Form 4?
The 24,483 restricted stock units were granted to CTO Subramanian Kals on February 6, 2023 under the CarParts.com, Inc. 2016 Equity Incentive Plan. One-third of the award vested on February 6, 2026, marking the third and final anniversary of the grant date.
What transaction code was used in the CarParts.com (PRTS) Form 4 for the RSU vesting?
The transaction used code “M,” which indicates an exercise or conversion of derivative securities, such as restricted stock units, into common stock. Here, 24,483 RSUs converted into 24,483 CarParts.com common shares at an exercise price of $0 per share.
Is the CarParts.com (PRTS) CTO a director or 10% owner based on this Form 4?
Based on the Form 4, Subramanian Kals is reported as an officer, serving as Chief Technology Officer, and is not marked as a director or 10% owner. The filing classifies the ownership as direct, without any indicated indirect holding entities or disclaimers.