CarParts.com CEO reports RSU vesting on Form 4
CarParts.com, Inc. CEO David Meniane reported equity award activity involving Restricted Stock Units (RSUs) and common stock.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 47,342 | $0.52 | $25K |
| Exercise Price or Tax Liability | Common Stock | 17,950 | $0.52 | $9K |
| Exercise | Restricted Stock Units | 114,963 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 43,750 | $0.00 | $0.00 |
| Exercise | Common Stock | 114,963 | $0.00 | $0.00 |
| Exercise | Common Stock | 43,750 | $0.00 | $0.00 |
Footnotes (4)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. Not applicable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CarParts.com (PRTS) report for CEO David Meniane?
Were any of the CarParts.com (PRTS) insider transactions open-market sales?
What is the source and vesting schedule of the RSUs reported by CarParts.com (PRTS)?
What roles does David Meniane hold at CarParts.com (PRTS) according to this Form 4?
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