David Meniane, CEO at Carparts.Com, Inc., Buys Shares Worth $133,295

Carparts.Com, Inc. (PRTS) disclosed that David Meniane, who holds the position of CEO at the company, was involved in buying 13,250 shares, per a Form 4 filing with the SEC.

The transaction was executed at a price of $10.06 per share, for a total value of approximately $133,295.

Company insiders are required to disclose changes in their stock ownership to the SEC on Form 4, typically within two business days of the trade.

Purchases by company insiders are one of several signals investors monitor, alongside earnings results and broader sector trends.