Item 5.02 - Board Appointment: Richard A. Johnson was appointed to the Board of Directors of Advance Auto Parts, Inc., effective January 12, 2026, and will serve on the Board's Compensation Committee. Director Compensation: Mr. Johnson will receive compensation for his service as a director in accordance with the Company's standard policy for non-employee director compensation. Indemnification…

Our analysis rates this filing BULLISH. This filing represents a routine and positive board composition change with no material concerns. Richard A. Johnson's appointment as an independent director brings substantial retail operations expertise directly relevant to Advance Auto Parts' competitive…

Concern level: LOW (1.5/10).

Notable risk changes: Board appointment of Richard A. Johnson as independent director - retail operations expertise addition; Johnson assigned to Compensation Committee - governance structure adjustment; New director brings 30 years retail experience and current H&R Block chairmanship - potential positive signal for strategic direction.

The model predicts AAP will underperform the S&P 500 by about 0.1% over 30 days. This is model analysis for research, not investment advice.