Advance Auto Parts Files 8-K on Leadership and Compensation
Ticker: AAP · Form: 8-K · Filed: Feb 6, 2025 · CIK: 1158449
Sentiment: neutral
Topics: leadership-change, executive-compensation, governance
Related Tickers: AAP
TL;DR
AAP filed an 8-K on 2/3/25 covering director changes and executive pay.
AI Summary
On February 3, 2025, Advance Auto Parts, Inc. filed an 8-K report detailing changes in its board of directors and executive compensation arrangements. The filing indicates a shift in corporate governance and potential adjustments to how key personnel are compensated.
Why It Matters
Changes in board composition and executive compensation can signal strategic shifts or reflect responses to performance, impacting investor confidence and future company direction.
Risk Assessment
Risk Level: medium — Changes in executive leadership and compensation can introduce uncertainty regarding future strategy and financial performance.
Key Players & Entities
- Advance Auto Parts, Inc. (company) — Registrant
- February 3, 2025 (date) — Date of earliest event reported
- 4200 Six Forks Road, Raleigh, North Carolina 27609 (address) — Principal executive offices
FAQ
What specific changes were made to the board of directors?
The filing indicates "Departure of Directors or Certain Officers; Election of Directors" as an item of disclosure, suggesting changes in board membership.
What are the details of the compensatory arrangements mentioned?
The filing lists "Compensatory Arrangements of Certain Officers" as an item of disclosure, implying that details regarding executive compensation are being reported.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated February 3, 2025.
What is the principal executive office address for Advance Auto Parts, Inc.?
The principal executive offices are located at 4200 Six Forks Road, Raleigh, North Carolina 27609.
Under which section of the Securities Exchange Act of 1934 is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 462 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2025-02-06 16:15:25
Key Financial Figures
- $0.0001 — nge on which registered Common Stock, $0.0001 par value AAP New York Stock Exchan
Filing Documents
- d934422d8k.htm (8-K) — 21KB
- g934422g0206084830995.jpg (GRAPHIC) — 10KB
- 0001193125-25-021789.txt ( ) — 165KB
- aap-20250203.xsd (EX-101.SCH) — 3KB
- aap-20250203_lab.xml (EX-101.LAB) — 17KB
- aap-20250203_pre.xml (EX-101.PRE) — 11KB
- d934422d8k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ADVANCE AUTO PARTS, INC. Date: February 6, 2025 /s/ Ryan P. Grimsland Ryan P. Grimsland Executive Vice President, Chief Financial Officer