secwatch.observer — SEC 8-K summary
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Issuer:     CarParts.com, Inc. (PRTS)
CIK:        0001378950
Form:       8-K
Filed at:   2026-05-11T20:38:58+00:00
Accession:  0001140361-26-020595
Event type: other
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

CarParts.com stockholders approve reverse stock split, new equity plan, and elect Nanxi Liu as director
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- Stockholders authorized reverse stock split (1:5 to 1:20), effective date at Board discretion.
- 2026 Stock Incentive Plan approved; 4,700,000 shares of common stock reserved for issuance.
- Nanxi Liu elected Class II director with 14,185,563 for, 11,388,331 withheld, 21,342,122 broker non-votes.
- Ratification of RSM US LLP as independent auditor for fiscal 2026 approved (45,401,427 for).
- Advisory vote on named executive officer compensation approved (23,808,892 for, 1,169,225 against).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378950/000114036126020595/0001140361-26-020595-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378950/000114036126020595/ef20073040_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-020595

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer