---
schema_version: "secwatch.filing_event.v1"
accession: "0001378950-22-000016"
form_type: "8-K"
ticker: "PRTS"
cik: "0001378950"
company_name: "CarParts.com, Inc."
filed_at: "2022-03-23T23:59:59+00:00"
generated_at: "2026-06-26T19:35:50.298455+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# CarParts.com terminates unused $50M at-the-market equity offering program

## Summary
- Terminated ATM equity offering program with D.A. Davidson effective March 18, 2022; no shares were ever sold.
- Program authorized up to $50M aggregate gross sales price; no shares issued under it.
- Company notes $30M stock repurchase plan with ~$29.5M remaining; 40,000 shares repurchased to date.
- Cites inventory, undrawn credit line, and free cash flow as sufficient liquidity for strategy.

## SEC filing metadata
- accession: 0001378950-22-000016
- form_type: 8-K
- ticker: PRTS
- cik: 0001378950
- company_name: CarParts.com, Inc.
- filed_at: 2022-03-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378950/000137895022000016/0001378950-22-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378950/000137895022000016/prts-20220318x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001378950-22-000016
- JSON: https://secwatch.observer/filing/0001378950-22-000016.json
- Plain text: https://secwatch.observer/filing/0001378950-22-000016.txt

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