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Genuine Parts 8-K Filings

GPC NYSE

Every 8-K that Genuine Parts (GPC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow GPC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GPC filings page.

Rhea-AI Summary

Genuine Parts Company (GPC) detailed key leadership appointments as it advances the planned separation of its Global Automotive and Global Industrial businesses into two independent, publicly traded companies expected in the first quarter of 2027. Court Carruthers, a current director, has been named Chief Executive Officer‑Elect effective September 8, 2026 and will become Chief Executive Officer at the separation’s closing, while Will Stengel remains Chairman and CEO until then.

Carruthers’ offer includes a $1,000,000 base salary as CEO‑Elect, a 2026 bonus target of 150% of salary pro‑rated to one‑third, and a 2026 long‑term equity grant based on a $6,000,000 target, plus two sign‑on RSU grants of $4,000,000 each. After he becomes CEO, his base salary will be $1,200,000 with a $7,200,000 annual long‑term incentive target. GPC also appointed Bert Nappier as Executive Vice President, Chief Operating Officer and Chief Financial Officer, and James Howe as President and Chief Operating Officer of Motion, with increased salaries, bonus targets and future equity grant targets.

The company confirmed that Carruthers entered into severance and change in control agreements consistent with other executives, with an added “Good Reason” trigger if the separation is not completed, and stated that the separation itself will not trigger these protections. GPC and Motion plan separate investor days in New York City on December 8 and 9, 2026, where leadership teams will present strategies and value‑creation initiatives for each business.

Rhea-AI Summary

Genuine Parts Company reported that its Board of Directors declared a regular quarterly cash dividend of $1.0625 per share on its common stock. The dividend is payable on October 2, 2026 to shareholders of record on September 4, 2026.

The company describes itself as a global service provider of automotive and industrial replacement parts and value-added solutions, operating over 10,800 locations in 17 countries and supported by more than 65,000 teammates.

Rhea-AI Summary

Genuine Parts Company reported second quarter 2026 sales of $6.5 billion, up 6.0% from $6.2 billion a year earlier, driven by 3.4% comparable sales growth, 1.4% favorable foreign currency and 1.2% from acquisitions. GAAP net income was $228 million, or $1.65 per diluted share, compared with $255 million, or $1.83, in the prior-year quarter. Adjusted net income was $296 million, or $2.15 per diluted share, slightly above $2.10 last year, excluding restructuring and separation costs. Management also indicated it remains on track to complete the planned separation of the Global Automotive and Global Industrial businesses in the first quarter of 2027.

For the first six months of 2026, sales were $12.8 billion, up 6.4%, with adjusted diluted EPS of $3.92 versus $3.84. Operating cash flow reached $464 million and free cash flow $259 million, with total liquidity of $2.3 billion. The company reaffirmed its 2026 adjusted diluted EPS outlook of $7.50 to $8.00, updated GAAP EPS guidance to $5.90 to $6.40, and maintained expectations for total sales growth of 3% to 5.5%.

Rhea-AI Summary

Genuine Parts Company entered into a seventh amendment to its syndicated credit facility, adding an Initial Term Loan A Facility of $500 million and a Delayed Draw Term Loan Facility of $500 million. These term loans bear interest at SOFR plus 0.875%–1.500% or a base rate plus 0.000%–0.500%, and mature on October 28, 2027.

The company’s shareholders elected all director nominees, approved on an advisory basis the compensation of named executive officers, and ratified Ernst & Young LLP as auditor for fiscal 2026. The Board also declared a regular quarterly cash dividend of $1.0625 per share, payable July 2, 2026 to shareholders of record on June 5, 2026.

Rhea-AI Summary

Genuine Parts Company reported first-quarter 2026 results and reaffirmed its full-year 2026 outlook. Sales were $6.3 billion, up 6.8% from $5.9 billion a year earlier, driven by 2.4% comparable sales growth plus contributions from acquisitions and foreign currency.

GAAP net income was $188.5 million, or $1.37 per diluted share, slightly below $194.4 million and $1.40 in the prior-year quarter. Adjusted net income rose to $244.6 million, or $1.77 per diluted share, versus $243.1 million and $1.75, excluding restructuring and separation-related costs.

North America Automotive sales grew 4.3% to $2.4 billion, International Automotive rose 13.2% to $1.6 billion, and Industrial increased 5.2% to $2.3 billion, with Industrial expanding its EBITDA margin by 90 basis points. Operating cash flow was $63.9 million and free cash flow was a $33.6 million deficit, reflecting seasonally lower cash generation and continued investment. Liquidity totaled $1.3 billion, and management said the planned separation of Global Automotive and Global Industrial remains on track for completion in the first quarter of 2027.

Rhea-AI Summary

Genuine Parts Company announced that Naveen Krishna, Executive Vice President and Chief Information & Digital Officer, has notified the company of his intention to resign to pursue other opportunities. He will step down as an executive officer on April 1, 2026, and remain an employee until May 5, 2026 to help transition his responsibilities.

The company does not plan to appoint a direct successor; instead, Mr. Krishna’s duties will be redistributed among other leaders within the organization. He will not receive severance benefits in connection with his voluntary departure.

Rhea-AI Summary

Genuine Parts Company reported mixed 2025 results while outlining major strategic changes. Net sales for 2025 rose to $24.3 billion, up 3.5% from 2024, but GAAP net income fell sharply to $66 million, or $0.47 per diluted share, largely due to a one-time, non-cash pension settlement and other charges. Adjusted net income was much higher at $1.0 billion, or $7.37 per diluted share.

In the fourth quarter, sales grew 4.1% to $6.0 billion, with Industrial segment EBITDA up 8.7% and both automotive segments growing sales but seeing lower margins. The company generated $890.8 million in operating cash flow and $420.9 million in free cash flow, ended the year with $1.5 billion of liquidity, and repaid $500 million of senior notes.

The Board approved a 3.2% increase in the regular quarterly dividend, raising the annual rate to $4.25 per share and marking the 70th consecutive year of increases. Looking to 2026, the company forecasts 3%–5.5% total sales growth, GAAP EPS of $6.10–$6.60, adjusted EPS of $7.50–$8.00, and free cash flow of $550 million–$700 million.

Strategically, Genuine Parts plans to separate into two independent, publicly traded companies: Global Automotive, a NAPA-led global aftermarket business with over $15 billion in 2025 sales and $1.2 billion of EBITDA, and Global Industrial (Motion), a diversified industrial distributor with about $9 billion in sales and more than $1.1 billion of EBITDA. The tax-free separation is targeted for the first quarter of 2027, subject to customary conditions, with dedicated investor days for each business planned in the second half of 2026.

Rhea-AI Summary

Genuine Parts Company reported a planned board leadership change. Paul D. Donahue, the Non-Executive Chairman of the Board, will retire from the Board at the end of his term at the company’s 2026 annual meeting of shareholders.

In connection with this planned retirement, the Board has appointed Will Stengel, the company’s President and Chief Executive Officer, to also serve as Chairman of the Board, effective upon Mr. Donahue’s retirement. The company issued a press release on January 15, 2026 describing this leadership transition and furnished it as Exhibit 99.1.

Rhea-AI Summary

Genuine Parts Company announced that its Board of Directors has declared a regular quarterly cash dividend of $1.03 per share on its common stock. This dividend continues the company’s practice of returning cash to shareholders through regular payouts.

The dividend will be paid on January 5, 2026 to shareholders of record as of December 5, 2025, meaning investors holding GPC shares on that record date will be eligible to receive the cash payment.

Rhea-AI Summary

Genuine Parts Company furnished a Form 8-K to announce it issued a press release with results for the third quarter ended September 30, 2025. The press release, dated October 21, 2025, is attached as Exhibit 99.1 and incorporated by reference.

The company states the information is being furnished and not deemed filed under the Exchange Act. Genuine Parts’ common stock trades on the NYSE under the symbol GPC.

Rhea-AI Summary

Genuine Parts Company entered a Cooperation Agreement with Elliott Investment Management, adding two Elliott-backed independent directors, Matthew A. Carey and Court D. Carruthers, to its Board and committing to nominate them at the 2026 annual meeting. The agreement includes voting commitments, standstill restrictions and mutual non-disparagement through the defined cooperation period, and is supported by a separate confidential Information Sharing Agreement.

Two long-serving directors, John R. Holder and Robin C. Loudermilk, Jr., retired from the Board, and the new directors were also placed on key Board committees. The Board approved time-based RSU retention awards with a grant date value of $3.0 million for CEO Will Stengel and $1.5 million for each other named executive, cliff-vesting after three years or accelerating in certain terminations. It also adopted new Severance Agreements for these executives, adding defined severance benefits and restrictive covenants for qualifying non–change-in-control terminations.

Rhea-AI Summary

Genuine Parts Company announced a regular quarterly cash dividend of $1.03 per share on its common stock. The Board declared the dividend on August 12, 2025, and the company will pay the amount on October 2, 2025 to shareholders of record as of September 5, 2025.

The filing notes a press release describing the dividend has been furnished as Exhibit 99.1. The report is signed by Executive Vice President and Chief Financial Officer Bert Nappier.