Juliette W. Pryor of Genuine Parts (NYSE: GPC) receives 263 phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PRYOR JULIETTE WILLIAMS reported acquisition or exercise transactions in this Form 4 filing.
GENUINE PARTS CO director Juliette W. Pryor received a compensation grant of phantom stock units tied to the company’s common shares. She was awarded 263 phantom stock units on July 2, 2026 at a reference price of $118.75 per unit, each economically equivalent to one share of GPC common stock.
After this award, her phantom stock balance totals 4,634 units, including 38 units recently added through the Dividend Reinvestment Plan. These phantom units will be settled in cash or common stock, based on her prior deferral election, and do not represent an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PRYOR JULIETTE WILLIAMS
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 263 | $118.75 | $31K |
Holdings After Transaction:
Phantom Stock — 4,634 shares (Direct, null)
Footnotes (1)
- Each share of phantom stock is the economic equivalent of one share of GPC common stock. The shares of phantom stock become payable in cash or common stock, at the election of the reporting person, pursuant to the reporting person's prior deferral election. Includes 38 shares of phantom stock acquired through most recent Dividend Reinvestment Plan purchase.
Key Figures
Phantom stock grant: 263 units
Reference price per unit: $118.75
Total phantom units after grant: 4,634 units
+2 more
5 metrics
Phantom stock grant
263 units
Grant on July 2, 2026
Reference price per unit
$118.75
Phantom stock grant valuation
Total phantom units after grant
4,634 units
Holdings following July 2, 2026 transaction
Dividend Reinvestment Plan phantom units
38 units
Included within total phantom stock balance
Underlying security
263 shares
Underlying GPC common stock equivalent for the grant
Key Terms
Phantom Stock, Dividend Reinvestment Plan, deferral election
3 terms
Phantom Stock financial
"Each share of phantom stock is the economic equivalent of one share of GPC common stock."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Dividend Reinvestment Plan financial
"Includes 38 shares of phantom stock acquired through most recent Dividend Reinvestment Plan purchase."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
deferral election financial
"payable in cash or common stock, at the election of the reporting person, pursuant to the reporting person's prior deferral election."
FAQ
What did GENUINE PARTS CO director Juliette W. Pryor report on this Form 4 for GPC?
Juliette W. Pryor reported a grant of 263 phantom stock units on July 2, 2026. These units are compensation-based derivatives tied to GENUINE PARTS CO common stock rather than an open-market stock purchase or sale.
How many phantom stock units does Juliette W. Pryor hold in GENUINE PARTS CO after this transaction?
After the July 2, 2026 grant, Juliette W. Pryor holds 4,634 phantom stock units. This total includes 38 units acquired through the most recent Dividend Reinvestment Plan purchase, according to the filing’s footnotes.
What is phantom stock in the context of GENUINE PARTS CO (GPC) Form 4?
For GENUINE PARTS CO, each phantom stock unit is the economic equivalent of one share of GPC common stock. The phantom units are a deferred compensation vehicle rather than actual shares, settling later in cash or stock.
At what price were Juliette W. Pryor’s GPC phantom stock units granted?
The 263 phantom stock units granted to Juliette W. Pryor were valued at a reference price of $118.75 per unit. This price reflects the economic basis used for the compensation grant in the Form 4.
How will Juliette W. Pryor’s GPC phantom stock units be paid out?
The phantom stock units will be paid in cash or GENUINE PARTS CO common stock. The choice of cash or stock follows Juliette W. Pryor’s prior deferral election, as disclosed in the Form 4 footnotes.
Did Juliette W. Pryor buy or sell GENUINE PARTS CO common stock in the market?
The Form 4 shows a grant of phantom stock units, not an open-market trade in GENUINE PARTS CO shares. The transaction is compensation-related and classified as a grant or award acquisition, rather than a market purchase or sale.