Grimsland Ryan P 4

What Happened
Ryan P. Grimsland, Chief Financial Officer of Advance Auto Parts (AAP), had 729 shares disposed (withheld) to cover tax withholding related to vested restricted stock units. The shares were valued at $51.73 each, for a total of approximately $37,711. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: March 14, 2026; Filing date: March 17, 2026. (No late-filing flag provided in the supplied data.)
• Shares withheld/disposed: 729 at $51.73 per share — total ≈ $37,711.
• Transaction code: F (shares withheld to satisfy tax obligations).
• Footnote: Represents shares withheld to satisfy taxes at vesting of time-based RSUs granted March 14, 2024, vesting in three equal annual installments beginning on the one-year anniversary of the grant.
• Shares owned after transaction: Not reported in the provided filing details.

Context
This was a routine tax-withholding event tied to RSU vesting—common practice where a portion of vested shares are retained to pay required taxes. Such withholdings are not the same as a voluntary market sale and do not by themselves indicate the insider’s market view.