{"schema_version":"secwatch.filing_event.v1","accession":"0001158449-23-000238","form_type":"8-K","ticker":"AAP","cik":"0001158449","company_name":"ADVANCE AUTO PARTS INC","filed_at":"2023-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.356978+00:00","generated_at":"2026-06-08T01:59:16.217561+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Advance Auto Parts appoints Ryan P. Grimsland as CFO, effective Nov 27, 2023","bullets":["Mr. Grimsland joins from Lowe's where he was SVP Strategy & Transformation.","Annual base salary $675k, bonus target 85% of base, signing bonus $750k subject to repayment.","2024 annual equity award $1.6M; sign-on equity $1.6M RSUs + $400k stock options vesting over 3 years.","Severance: cash payment of base + 3-yr avg bonus (non-CIC) or 2x base + 2x target bonus (CIC).","Restrictive covenants include non-compete, non-solicit for one year post-termination."],"urls":{"canonical":"https://secwatch.observer/filing/0001158449-23-000238","json":"https://secwatch.observer/filing/0001158449-23-000238.json","markdown":"https://secwatch.observer/filing/0001158449-23-000238.md","text":"https://secwatch.observer/filing/0001158449-23-000238.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1158449/000115844923000238/0001158449-23-000238-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1158449/000115844923000238/aap-20231113.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T01:59:16.217561+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f8746a4c05","claim":"Ryan P. Grimsland was appointed as Executive Vice President, Chief Financial Officer at ADVANCE AUTO PARTS INC.","evidence_excerpt":"On November 13, 2023, Advance Auto Parts, Inc. (the \"Company\") appointed Ryan P. Grimsland to the position of Executive Vice President, Chief Financial Officer, commencing November 27, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1158449/000115844923000238/0001158449-23-000238-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Vice President, Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}