---
schema_version: "secwatch.filing_event.v1"
accession: "0001378950-21-000045"
form_type: "8-K"
ticker: "PRTS"
cik: "0001378950"
company_name: "CarParts.com, Inc."
filed_at: "2021-11-22T23:59:59+00:00"
generated_at: "2026-06-28T06:04:28.270640+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CarParts.com board adopts Officer and Director Share Purchase Plan; 250,000 shares reserved

## Summary
- Board approved a share purchase plan enabling officers and directors to buy common stock at fair market value via payroll or fee deductions.
- Plan reserves 250,000 shares of common stock for issuance; all shares are fully vested upon purchase.
- Purchases occur on regular pay dates; participation is voluntary and subject to committee approval.
- Deductions cannot reduce compensation below applicable minimum wage; plan effective November 16, 2021.

## SEC filing metadata
- accession: 0001378950-21-000045
- form_type: 8-K
- ticker: PRTS
- cik: 0001378950
- company_name: CarParts.com, Inc.
- filed_at: 2021-11-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378950/000137895021000045/0001378950-21-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378950/000137895021000045/prts-20211116x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001378950-21-000045
- JSON: https://secwatch.observer/filing/0001378950-21-000045.json
- Plain text: https://secwatch.observer/filing/0001378950-21-000045.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.