CarParts.com (PRTS) director receives 186,717 cash-settled RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liu Nanxi reported acquisition or exercise transactions in this Form 4 filing.
CarParts.com, Inc. director Nanxi Liu reported an equity-based compensation grant of 186,717 restricted stock units. These RSUs are cash-settled, meaning each unit will pay cash equal to the fair market value of one share of common stock when it vests.
The RSUs are scheduled to vest on the 2027 annual shareholder meeting date, provided Liu’s service with the company continues through that time. After this grant, Liu holds 186,717 RSUs directly, and the filing shows no open-market share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
1 transaction reported
Mixed
1 txn
Insider
Liu Nanxi
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 186,717 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 186,717 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 186,717 units
RSUs after transaction: 186,717 units
Vesting condition: 2027 annual shareholder meeting date
3 metrics
RSUs granted
186,717 units
Restricted Stock Units granted to director on 2026-05-19
RSUs after transaction
186,717 units
Total restricted stock units held directly after grant
Vesting condition
2027 annual shareholder meeting date
RSUs vest if service continues through that meeting
Key Terms
Restricted Stock Units, cash-settled RSUs, fair market value, vesting date, +1 more
5 terms
Restricted Stock Units financial
"Reflects cash-settled RSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value of one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
cash-settled RSUs financial
"Reflects cash-settled RSUs. Each RSU represents a contingent right to receive an amount in cash equal to the fair market value"
fair market value financial
"amount in cash equal to the fair market value of one share of the Issuer's common stock on the applicable vesting date"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
vesting date financial
"equal to the fair market value of one share of the Issuer's common stock on the applicable vesting date"
FAQ
What insider transaction did CarParts.com (PRTS) director Nanxi Liu report?
Nanxi Liu reported receiving 186,717 restricted stock units as equity compensation. These RSUs are cash-settled and tied to CarParts.com’s common stock value, rather than representing an immediate purchase or sale of shares in the open market.
How many RSUs does Nanxi Liu hold after this Form 4 for CarParts.com (PRTS)?
After the reported transaction, Nanxi Liu holds 186,717 restricted stock units. This entire position reflects the new grant disclosed, and there are no additional derivative positions listed in the filing’s remaining derivative summary section.
When do Nanxi Liu’s CarParts.com (PRTS) RSUs vest?
The reported RSUs are scheduled to vest on the 2027 annual shareholder meeting date. Vesting depends on Liu continuing to provide service to CarParts.com through that meeting, as outlined in the transaction footnote description.
Are Nanxi Liu’s CarParts.com (PRTS) RSUs settled in stock or cash?
The filing states these are cash-settled RSUs. Each unit represents a contingent right to receive cash equal to the fair market value of one share of CarParts.com common stock on the applicable vesting date, rather than actual share delivery.
Does Nanxi Liu’s Form 4 for CarParts.com (PRTS) show any stock sales or purchases?
The Form 4 shows only a grant of 186,717 restricted stock units coded as an acquisition. It does not report any open-market purchases or sales of CarParts.com common stock in connection with this transaction.