CarParts.com (PRTS) COO discloses RSU vesting and tax share withholding
Rhea-AI Filing Summary
CarParts.com Chief Operating Officer Michael Huffaker reported the vesting and settlement of restricted stock units. On December 5, 2025, 36,667 RSUs granted on December 5, 2022 vested and were converted into the same number of common shares at an exercise price of $0 under the company’s 2016 Equity Incentive Plan, bringing his direct holdings to 330,565 shares.
On December 8, 2025, 23,547 of these common shares were withheld by the company at $0.44 per share to satisfy tax withholding obligations arising from the RSU settlement. After these transactions, Huffaker directly owned 307,018 shares of CarParts.com common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 23,547 | $0.44 | $10K |
| Exercise | Restricted Stock Units | 36,667 | $0.00 | -- |
| Exercise | Common Stock | 36,667 | $0.00 | -- |
Footnotes (1)
- The Restricted Stock Units (RSU) were granted to the Reporting Person on December 5, 2022 under 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 December 5, 2025, the third, and last, anniversary of the grant 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. Not applicable.
FAQ
What insider stock transaction did CarParts.com (PRTS) report for its COO?
The Chief Operating Officer, Michael Huffaker, reported the vesting and settlement of 36,667 restricted stock units into common shares on December 5, 2025, followed by share withholding to cover taxes.
When were the COO’s restricted stock units originally granted and under which plan?
The restricted stock units were granted on December 5, 2022 under the CarParts.com, Inc. 2016 Equity Incentive Plan, with one-third vesting on December 5, 2025, the third and final anniversary of the grant date.
Was the CarParts.com (PRTS) insider filing made by more than one reporting person?
No. The filing indicates that it is a Form filed by one reporting person, covering only Chief Operating Officer Michael Huffaker.