Senior leadership at CarParts.Com has increased its direct ownership in the company following the recent vesting of scheduled equity awards. The transactions, which occurred last week, involved the conversion of Restricted Stock Units (RSUs) into common stock as part of pre-established, long-term executive compensation plans.
- Transaction Type: Vesting of Restricted Stock Units (RSUs)
- Vesting Date: Friday, February 6, 2026
- Key Participants: CEO David Meniane, COO Michael Huffaker, and CTO Subramanian Kals
Executive Holdings See Notable Increases
The most substantial award was granted to Chief Executive Officer David Meniane, who received 72,652 shares. In a standard procedure for such transactions, a portion of these shares—specifically 26,068—were withheld on the following Monday to cover associated tax obligations. Following this routine settlement, Meniane’s direct holdings now stand at approximately 2.08 million company shares.
Chief Technology Officer Subramanian Kals saw 24,483 shares vest. This transaction represented the final portion of an award originally granted in 2023, which matured exactly on its three-year anniversary. Kals’s total direct stake in CarParts.Com now amounts to 367,756 common shares.
Concurrently, Chief Operating Officer Michael Huffaker received 13,334 vested units, which were converted into stock. This adjustment raises his direct ownership to 479,398 shares. Huffaker’s award was also administered under the company’s 2016 equity incentive plan.
Should investors sell immediately? Or is it worth buying CarParts.Com?
A Focus on Long-Term Alignment
For investors, these activities represent a routine administrative function within the company’s compensation framework. The awards were determined years in advance and their recent vesting follows the predetermined schedule, offering no immediate signal regarding current business performance or near-term outlook.
The primary intent of such long-term equity programs is to align the interests of corporate leadership with those of shareholders by fostering significant, sustained ownership. With these latest vesting events, the executive team continues to maintain substantial personal equity investments in CarParts.Com.
The market awaits further insights into the company’s operational progress, which are anticipated with the release of the upcoming quarterly financial report.
Ad
CarParts.Com Stock: Buy or Sell?! New CarParts.Com Analysis from February 10 delivers the answer:
The latest CarParts.Com figures speak for themselves: Urgent action needed for CarParts.Com investors. Is it worth buying or should you sell? Find out what to do now in the current free analysis from February 10.
CarParts.Com: Buy or sell? Read more here...
