PRTS CEO Meniane settles RSUs (43,750); tax withholding 22,217
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CarParts.com (PRTS) disclosed insider activity by CEO and Director David Meniane. On 10/16/2025, he acquired 43,750 shares of common stock at $0 upon settlement of vested RSUs. On 10/17/2025, 22,217 shares were withheld at $0.66 to cover tax obligations related to the RSU settlement. Following these transactions, he directly owns 1,848,729 common shares.
The RSUs were granted on January 16, 2024; 50% vested on January 16, 2025, with the remainder vesting in equal quarterly installments through the second anniversary, including October 16, 2025. The filing also lists 43,750 Restricted Stock Units beneficially owned after the reported transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
43,750 shares exercised/converted
Mixed
3 txns
Insider
Meniane David
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 22,217 | $0.66 | $15K |
| Exercise | Restricted Stock Units | 43,750 | $0.00 | -- |
| Exercise | Common Stock | 43,750 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,848,729 shares (Direct);
Restricted Stock Units — 43,750 shares (Direct)
Footnotes (1)
- The Restricted Stock Units (RSUs) were granted to the Reporting Person on January 16, 2024 pursuant to the CarParts.com, Inc. 2016 Equity Incentive Plan. Fifty percent of the RSUs vested on the first anniversary of the grant date on January 16, 2025, and the remainder of the RSUs vest in equal installments each quarter thereafter, including herein on October 16, 2025, through the second anniversary of the grant date, subject to such Reporting Person's service to the Company through such dates. Represents shares of common stock that have been withheld by the Company to satisfy tax withholding obligations in connection with the net settlement of vested Restricted Stock Units. Not applicable.
FAQ
What insider transaction did CarParts.com (PRTS) report?
CEO David Meniane reported RSU settlement on 10/16/2025 for 43,750 shares at $0, and tax withholding on 10/17/2025 of 22,217 shares at $0.66.
What is the vesting schedule for the reported RSUs at CarParts.com (PRTS)?
Granted on January 16, 2024; 50% vested on January 16, 2025, with the remainder vesting quarterly through the second anniversary, including October 16, 2025.
How many RSUs does the CEO hold after these transactions?
The filing lists 43,750 Restricted Stock Units beneficially owned following the reported transactions.