AAP ADVANCE AUTO PARTS INC

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q3 2025: $1M, Q2 2025: $2M, Q1 2025: $3M, Q3 2024: $0M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $1M vs trailing avg $2M (-45%)

What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.

Negative FCF ($-130M), cannot compute buyback ratio

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 18,871,000 shares = 41.9% of 60,000,000 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

15 open-market purchases by 8 insiders

• Grimsland Ryan P (EVP, Chief Financial Officer) bought 200 shares at $40.70 on 2025-03-27
• OKelly Shane M (Director, President and CEO) bought 1,500 shares at $36.79 on 2025-03-11
• LEE EUGENE I JR () bought 14,640 shares at $34.15 on 2025-03-06
• Soler Kristen L (EVP, Chief HR Officer) bought 1,000 shares at $35.33 on 2025-03-04
• Soler Kristen L (EVP, Chief HR Officer) bought 925 shares at $43.12 on 2024-11-26
• Soler Kristen L (EVP, Chief HR Officer) bought 130 shares at $43.25 on 2024-11-25
• Seboldt Thomas W () bought 2,650 shares at $38.52 on 2024-11-18
• Jones Jeffrey J II () bought 69 shares at $36.74 on 2024-10-25
• Soler Kristen L (EVP, Chief HR Officer) bought 450 shares at $67.00 on 2024-06-03
• Windom Brent () bought 4,700 shares at $85.34 on 2024-03-27

Are insider purchases happening during the same quarters the company is actively buying back stock?

Insider buying coincided with company buybacks in 3 of 4 quarters

• Q3 2025: Soler Kristen L bought while company spent $1M
• Q2 2025: Soler Kristen L bought while company spent $2M
• Q1 2025: Windom Brent bought while company spent $3M

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $2M, sold $1M (net buying)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

No buyback-insider divergence detected