CarParts.com (PRTS) director takes $11,550 retainer as 1,871 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CarParts.com, Inc. director Greyson Jay Keith reported an acquisition of company stock through a compensation award. On this Form 4, he received 1,871 shares of Common Stock at a reference value of $6.17 per share, taken as equity under the CarParts.com, Inc. Director Payment Election Plan instead of cash retainer fees equal to $11,550. After this award, his direct holdings increased to 45,951 shares of Common Stock, reflecting routine director compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GREYSON JAY KEITH
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,871 | $6.17 | $12K |
Holdings After Transaction:
Common Stock — 45,951 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares awarded: 1,871 shares
Reference price per share: $6.17/share
Retainer fees value: $11,550
+1 more
4 metrics
Shares awarded
1,871 shares
Common Stock grant/award to director Greyson Jay Keith
Reference price per share
$6.17/share
Valuation of Common Stock award
Retainer fees value
$11,550
Cash fees elected as stock under Director Payment Election Plan
Shares owned after award
45,951 shares
Total direct Common Stock holdings following the transaction
Key Terms
Director Payment Election Plan, grant/award acquisition, Common Stock
3 terms
Director Payment Election Plan financial
"Shares were awarded pursuant to the CarParts.com, Inc. Director Payment Election Plan in lieu of retainer fees equal to $11,550."
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did CarParts.com (PRTS) director Greyson Jay Keith report?
Director Greyson Jay Keith reported receiving 1,871 shares of CarParts.com Common Stock as a compensation award. The shares were granted in lieu of cash retainer fees, reflecting routine board compensation rather than an open-market stock purchase.
Was the CarParts.com (PRTS) Form 4 transaction an open-market stock purchase?
No, the Form 4 transaction was not an open-market purchase. The 1,871 shares of Common Stock were awarded as a grant under the Director Payment Election Plan, taken instead of $11,550 in cash retainer fees for board service.
What is the CarParts.com (PRTS) Director Payment Election Plan mentioned in the Form 4?
The Director Payment Election Plan allows CarParts.com directors to receive equity instead of cash retainer fees. In this filing, Greyson Jay Keith chose stock, receiving 1,871 Common Stock shares in lieu of $11,550 in cash as part of his board compensation.