CarParts.com (PRTS) CEO Meniane details RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CarParts.com, Inc. Chief Executive Officer David Meniane reported equity compensation activity involving company stock. On February 6, 2026, 72,652 shares of common stock were acquired at $0 per share upon the vesting and settlement of previously granted Restricted Stock Units under the 2016 Equity Incentive Plan. On February 9, 2026, 26,068 shares of common stock were withheld at $0.50 per share to satisfy related tax withholding obligations. Following these transactions, Meniane directly held 2,077,114 shares of CarParts.com common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
72,652 shares exercised/converted
Mixed
3 txns
Insider
Meniane David
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 26,068 | $0.50 | $13K |
| Exercise | Restricted Stock Units | 72,652 | $0.00 | -- |
| Exercise | Common Stock | 72,652 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,077,114 shares (Direct);
Restricted Stock Units — 0 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. 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) CEO David Meniane report?
David Meniane reported equity compensation activity, not an open-market sale. 72,652 shares of CarParts.com common stock were acquired at $0 per share on February 6, 2026 through vested Restricted Stock Units, and 26,068 shares were withheld to cover related tax obligations.
What equity award plan is referenced in the CarParts.com (PRTS) Form 4?
The filing references the CarParts.com, Inc. 2016 Equity Incentive Plan. The Restricted Stock Units granted to David Meniane on February 6, 2023, and partially vested on February 6, 2026, were issued under this plan as part of his compensation.
What do the M and F transaction codes mean in the CarParts.com (PRTS) Form 4?
In this filing, code M records the February 6, 2026 acquisition of 72,652 common shares at $0 from vested Restricted Stock Units. Code F records the February 9, 2026 withholding of 26,068 shares at $0.50 per share to cover associated tax withholding obligations.