PRTS CFO reports RSU vesting and tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CarParts.com (PRTS) CFO Ryan Lockwood reported routine equity transactions. On 10/16/2025, 18,750 Restricted Stock Units vested and were settled into common stock (transaction code M). On 10/17/2025, the company withheld 6,709 shares (code F) to satisfy taxes. Following these transactions, he directly beneficially owns 208,182 shares.
The RSUs were granted on January 16, 2024 under the 2016 Equity Incentive Plan, with 50% vesting on January 16, 2025 and the balance vesting quarterly through the second anniversary, including the October 16, 2025 installment.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,750 shares exercised/converted
Mixed
3 txns
Insider
Lockwood Ryan
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 6,709 | $0.66 | $4K |
| Exercise | Restricted Stock Units | 18,750 | $0.00 | -- |
| Exercise | Common Stock | 18,750 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 208,182 shares (Direct);
Restricted Stock Units — 18,750 shares (Direct)
Footnotes (1)
- 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 vest in equal installments each quarter thereafter, including herein on October 16, 2025, through the second anniversary of the grant date, subject to such Reporting Person's service to the Company through such dates. 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 did CarParts.com (PRTS) disclose in this Form 4?
The CFO reported the vesting of 18,750 RSUs on 10/16/2025 and the withholding of 6,709 shares on 10/17/2025 for taxes.
What were the transaction codes and their meanings?
Code M reflects RSU settlement into common stock; code F reflects shares withheld to cover tax obligations.
What is the vesting schedule for the CFO’s RSUs?
Granted on January 16, 2024, 50% vested on January 16, 2025, with the remainder vesting in equal quarterly installments through the second anniversary, including October 16, 2025.
Was any cash price paid for the RSU settlement?
The RSU settlement shows a price of $0 for the conversion, consistent with RSU vesting mechanics; shares were withheld for taxes.
What is CarParts.com’s ticker symbol?
CarParts.com trades under the ticker PRTS.