CarParts.com CTO converts 24,483 RSUs to shares
CarParts.com, Inc. Chief Technology Officer Subramanian Kals reported the vesting and settlement of restricted stock units into common shares.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 24,483 | $0.00 | $0.00 |
| Exercise | Common Stock | 24,483 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Not applicable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CarParts.com (PRTS) report for February 6, 2026?
What was the origin of the 24,483 RSUs reported in the CarParts.com (PRTS) Form 4?
What transaction code was used in the CarParts.com (PRTS) Form 4 for the RSU vesting?
Is the CarParts.com (PRTS) CTO a director or 10% owner based on this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.