CarParts.com (PRTS) CTO receives 175,000 restricted stock awards as equity pay

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Subramanian Kals reported acquisition or exercise transactions in this Form 4 filing.

CarParts.com, Inc. granted Chief Technology Officer Subramanian Kals 175,000 Restricted Stock Awards (RSAs) effective April 8, 2026, under the CarParts.com, Inc. 2016 Equity Incentive Plan. These awards are a form of equity compensation, not an open-market stock purchase or sale.

The RSAs will vest in three equal installments of approximately one-third each on the next three anniversaries of the grant date, as long as Kals continues working for the company through each vesting date. Following this grant, he holds 175,000 RSAs directly according to the filing.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Subramanian Kals

Role Chief Technology Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Awards	175,000	$0.00	--

Holdings After Transaction: Restricted Stock Awards — 175,000 shares (Direct)

Footnotes (1)

Effective April 8, 2026, the Board of Directors of the Company granted the Reporting Person Restricted Stock Awards (RSAs) pursuant to the CarParts.com, Inc. 2016 Equity Incentive Plan. The RSAs shall vest in three equal installments (33 1/3%) on each of the next three anniversaries of the grant date, subject to such Reporting Person's continuous service with the Company through each applicable vesting date. Not applicable.

Key Figures

Restricted Stock Awards granted: 175,000 RSAs Shares following transaction: 175,000 RSAs Vesting schedule: 33 1/3% annually over 3 years

3 metrics

Restricted Stock Awards granted 175,000 RSAs Grant to CTO effective April 8, 2026

Shares following transaction 175,000 RSAs Total awards held directly after grant

Vesting schedule 33 1/3% annually over 3 years On each of the next three anniversaries of grant date

Key Terms

Restricted Stock Awards, 2016 Equity Incentive Plan, vest

3 terms

Restricted Stock Awards financial

"granted the Reporting Person Restricted Stock Awards (RSAs) pursuant to the CarParts.com, Inc. 2016 Equity Incentive Plan"

Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.

2016 Equity Incentive Plan financial

"pursuant to the CarParts.com, Inc. 2016 Equity Incentive Plan"

vest financial

"The RSAs shall vest in three equal installments (33 1/3%) on each of the next three anniversaries"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 Insider Transactions: What Each Field Means →

04/09/2026 - 04:18 PM

SEC Form 4

FORM 4

UNITED 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^*

Subramanian Kals

(Last)

(First)

(Middle)

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Technology Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Awards⁽¹⁾	⁽²⁾	04/08/2026		A		175,000		⁽¹⁾	⁽¹⁾	Common Stock	175,000	$0	175,000	D

Explanation of Responses:

1. Effective April 8, 2026, the Board of Directors of the Company granted the Reporting Person Restricted Stock Awards (RSAs) pursuant to the CarParts.com, Inc. 2016 Equity Incentive Plan. The RSAs shall vest in three equal installments (33 1/3%) on each of the next three anniversaries of the grant date, subject to such Reporting Person's continuous service with the Company through each applicable vesting date.

2. Not applicable.

	/s/ Kals Subramanian	04/09/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CarParts.com (PRTS) report for Subramanian Kals?

CarParts.com reported that Chief Technology Officer Subramanian Kals received a grant of 175,000 Restricted Stock Awards. These equity awards were granted as compensation and do not reflect any open-market stock purchase or sale by the executive.

How many Restricted Stock Awards did the CarParts.com (PRTS) CTO receive?

The CTO of CarParts.com, Subramanian Kals, received 175,000 Restricted Stock Awards. All 175,000 RSAs are tied to the company’s 2016 Equity Incentive Plan and are subject to future vesting based on his continued service with the company.

What is the vesting schedule for the 175,000 RSAs granted by CarParts.com (PRTS)?

The 175,000 Restricted Stock Awards will vest in three equal installments of 33 1/3% on each of the next three anniversaries of the April 8, 2026 grant date. Vesting requires Subramanian Kals to remain in continuous service with CarParts.com.

Is the CarParts.com (PRTS) Form 4 transaction a stock sale or purchase?

The Form 4 transaction is an equity grant, not a market trade. CarParts.com awarded 175,000 Restricted Stock Awards to its CTO as compensation, with no open-market buying or selling of shares disclosed in this particular filing.

Under which plan were the new CarParts.com (PRTS) RSAs for the CTO granted?

The 175,000 Restricted Stock Awards granted to CarParts.com CTO Subramanian Kals were issued under the CarParts.com, Inc. 2016 Equity Incentive Plan. This plan governs the terms, vesting, and administration of the company’s equity-based compensation awards.