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CarParts.com (NASDAQ: PRTS) CEO details RSU vesting and tax share withholding

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

Rhea-AI Filing Summary

CarParts.com, Inc. CEO David Meniane reported equity award activity involving Restricted Stock Units (RSUs) and common stock. On January 16, 2026, RSUs previously granted on January 16, 2024 vested, leading to the acquisition at no cost of 114,963 shares of common stock from one RSU award and 43,750 shares from another.

On January 20, 2026, the company withheld 47,342 shares of common stock at $0.52 per share and separately 17,950 shares at $0.52 per share to cover tax withholding obligations tied to the RSU vesting. All reported holdings are listed as directly owned by Meniane in his capacity as a director and Chief Executive Officer.

Positive

  • None.

Negative

  • None.
Insider Meniane David
Role Chief Executive Officer
Type Security Shares Price Value
Tax Withholding Common Stock 47,342 $0.52 $25K
Tax Withholding Common Stock 17,950 $0.52 $9K
Exercise Restricted Stock Units 114,963 $0.00 --
Exercise Restricted Stock Units 43,750 $0.00 --
Exercise Common Stock 114,963 $0.00 --
Exercise Common Stock 43,750 $0.00 --
Holdings After Transaction: Common Stock — 2,004,730 shares (Direct); Restricted Stock Units — 114,963 shares (Direct)
Footnotes (1)
  1. The Restricted Stock Units (RSU) were granted to the Reporting Person on January 16, 2024 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 January 16, 2026, the second anniversary of the grant date, and the remainder of the shares subject to the RSU will vest on the next, and thus last, anniversary of the grant date, subject to such Reporting Person's service to the Company through such 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. 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 vested in equal installments each quarter thereafter, including herein on January 16, 2026, the second anniversary of the grant date and final vesting. Not applicable.
Form 4 Insider Transactions: What Each Field Means →
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*
Meniane David
(Last) (First) (Middle)
2050 W. 190TH STREET, SUITE 400
(Street)
TORRANCE CA 90504
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CarParts.com, Inc. [ PRTS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/16/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 01/16/2026 M(1) 114,963 A $0 2,052,072 D
Common Stock 01/20/2026 F(2) 47,342 D $0.52 2,004,730 D
Common Stock 01/16/2026 M(3) 43,750 A $0 2,048,480 D
Common Stock 01/20/2026 F(2) 17,950 D $0.52 2,030,530 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units(1) (4) 01/16/2026 M 114,963 (4) (4) Common Stock 114,963 $0 114,963 D
Restricted Stock Units(3) (4) 01/16/2026 M 43,750 (4) (4) Common Stock 43,750 $0 0 D
Explanation of Responses:
1. The Restricted Stock Units (RSU) were granted to the Reporting Person on January 16, 2024 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 January 16, 2026, the second anniversary of the grant date, and the remainder of the shares subject to the RSU will vest on the next, and thus last, anniversary of the grant date, subject to such Reporting Person's service to the Company through such date.
2. 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.
3. 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 vested in equal installments each quarter thereafter, including herein on January 16, 2026, the second anniversary of the grant date and final vesting.
4. Not applicable.
/s/ David Meniane 01/20/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did CarParts.com (PRTS) report for CEO David Meniane?

The report shows RSU vesting on January 16, 2026 that delivered 114,963 and 43,750 CarParts.com common shares, plus tax withholding share reductions on January 20, 2026.

How many CarParts.com (PRTS) shares were acquired through RSU vesting?

David Meniane acquired 114,963 common shares and 43,750 common shares on January 16, 2026 upon vesting of previously granted Restricted Stock Units.

Were any of the CarParts.com (PRTS) insider transactions open-market sales?

The filing lists code F transactions where the company withheld 47,342 and 17,950 shares at $0.52 per share to satisfy tax withholding on vested RSUs, rather than open-market sales.

What is the source and vesting schedule of the RSUs reported by CarParts.com (PRTS)?

The RSUs were granted on January 16, 2024 under the CarParts.com, Inc. 2016 Equity Incentive Plan, with portions vesting on the first and second anniversaries and, for one award, in quarterly installments through January 16, 2026.

What roles does David Meniane hold at CarParts.com (PRTS) according to this Form 4?

David Meniane is reported as both a director and an officer, serving as Chief Executive Officer of CarParts.com, Inc.

Are the CarParts.com (PRTS) shares in this Form 4 held directly or indirectly?

All common stock and RSU-related positions in the filing are marked as direct ownership by David Meniane, with no indirect ownership entities disclosed.