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CarParts.com (PRTS) awards director 18,672 cash-settled RSUs vesting 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Nauss Timothy Green reported acquisition or exercise transactions in this Form 4 filing.

CarParts.com, Inc. director Nauss Timothy Green received a grant of 18,672 cash-settled restricted stock units. Each unit entitles him to a cash payment equal to the fair market value of one share of common stock on the vesting date.

The RSUs vest on the 2027 annual shareholder meeting date, provided his service with the company continues through that time. After this award, his reported derivative holdings from this grant total 18,672 RSUs, reflecting a routine, compensation-related equity-linked grant rather than an open-market stock transaction.

Positive

  • None.

Negative

  • None.
Insider Nauss Timothy Green
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 18,672 $0.00 --
Holdings After Transaction: Restricted Stock Units — 18,672 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 18,672 units Grant of cash-settled RSUs to director on 2026-07-07
Exercise price $0.00 per unit Restricted stock units granted at no explicit exercise cost
Underlying shares 18,672 shares equivalent Each RSU tied to value of one common share
Holdings after grant 18,672 RSUs Total RSUs from this grant following the transaction
Vesting event 2027 annual shareholder meeting date RSUs vest if service continues through that meeting
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
cash-settled RSUs financial
"Reflects cash-settled RSUs. Each RSU represents a contingent right"
fair market value financial
"receive an amount in cash equal to the fair market value of one share"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
vesting date financial
"fair market value of one share ... on the applicable vesting date"
annual shareholder meeting date financial
"The RSUs shall vest on the 2027 annual shareholder meeting date"
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FAQ

What did CarParts.com (PRTS) disclose in this Form 4 for Nauss Timothy Green?

CarParts.com reported a grant of 18,672 cash-settled restricted stock units to director Nauss Timothy Green. These RSUs are a compensation award, not an open-market stock trade, and pay cash based on the share price at vesting.

How many RSUs did CarParts.com (PRTS) grant to director Nauss Timothy Green?

CarParts.com granted 18,672 restricted stock units to director Nauss Timothy Green. Each unit represents a contingent right to receive cash equal to the fair market value of one common share on the vesting date, subject to continued service.

Are the RSUs in CarParts.com (PRTS) Form 4 settled in stock or cash?

The RSUs are cash-settled. Each restricted stock unit gives a right to receive an amount in cash equal to the fair market value of one CarParts.com common share on the vesting date, rather than issuing actual shares.

When do Nauss Timothy Green’s CarParts.com (PRTS) RSUs vest?

The RSUs vest on the 2027 annual shareholder meeting date. Vesting requires that Nauss Timothy Green’s service with CarParts.com has not ended before that meeting, tying the award to continued board service over the period.

Did Nauss Timothy Green buy or sell CarParts.com (PRTS) stock in this Form 4?

He did not buy or sell shares on the market. The Form 4 reports an acquisition of 18,672 cash-settled restricted stock units as a compensation grant, with no open-market purchases or sales of CarParts.com common stock disclosed.
SEC Form 4
FORM 4UNITED 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*
Nauss Timothy Green

(Last)(First)(Middle)
C/O CARPARTS.COM, INC.
4910 AIRPORT PLAZA DRIVE, SUITE 300

(Street)
LONG BEACH CALIFORNIA 90815

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CarParts.com, Inc. [ PRTS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)07/07/2026A18,672 (1) (1)Common Stock18,672$018,672D
Explanation of Responses:
1. Reflects cash-settled RSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's common stock on the applicable vesting date. The RSUs shall vest on the 2027 annual shareholder meeting date, as long as the Reporting Person's service with the Company has not previously ended.
/s/ Timothy Nauss07/08/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)