Genuine Parts (GPC) director receives 302 phantom stock units as compensation grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Genuine Parts Company director Juliette Williams Pryor received a grant of 302 phantom stock units tied to GPC common shares. Each unit is economically equivalent to one share of common stock and will be settled in cash or stock based on her prior deferral election.
After this award, she holds 4,333 phantom stock units, including 41 units acquired through the most recent Dividend Reinvestment Plan purchase. This filing reflects a compensation-related grant rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PRYOR JULIETTE WILLIAMS
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 302 | $103.52 | $31K |
Holdings After Transaction:
Phantom Stock — 4,333 shares (Direct)
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 41 shares of phantom stock acquired through most recent Dividend Reinvestment Plan purchase.
Key Figures
Phantom stock grant: 302 units
Indicated unit value: $103.52 per unit
Total phantom stock holdings: 4,333 units
+2 more
5 metrics
Phantom stock grant
302 units
Phantom stock units granted to director on April 2, 2026
Indicated unit value
$103.52 per unit
Reported price per phantom stock unit for the 302-unit grant
Total phantom stock holdings
4,333 units
Phantom stock units held by director after the transaction
Dividend Reinvestment Plan units
41 units
Phantom stock units acquired through most recent Dividend Reinvestment Plan purchase
Underlying common stock equivalence
1:1 ratio
Each phantom stock unit equals one share of GPC common stock economically
Key Terms
Phantom Stock, Dividend Reinvestment Plan, grant/award acquisition, deferral election
4 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 41 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.
grant/award acquisition financial
"transaction_action: grant/award acquisition"
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 insider transaction did GPC director Juliette Pryor report on this Form 4?
GPC director Juliette Williams Pryor reported receiving 302 phantom stock units as a compensation-related grant. These units mirror the value of Genuine Parts common stock and increase her deferred, stock-based holdings without representing an open-market share purchase or sale.
What is phantom stock in the context of Genuine Parts Company (GPC)?
For GPC, each phantom stock unit is economically equivalent to one share of common stock. The units will ultimately be paid in cash or common shares, at the director’s election, based on a prior deferral choice, aligning compensation value with the company’s share performance.
How many phantom stock units does Juliette Pryor hold after this GPC transaction?
After the 302-unit phantom stock grant, Juliette Williams Pryor holds 4,333 phantom stock units. This total also includes 41 units that were acquired through the most recent Dividend Reinvestment Plan purchase, further linking her compensation to Genuine Parts’ stock performance over time.
Was this GPC Form 4 transaction an open-market stock purchase or sale?
No, this Form 4 shows a grant of 302 phantom stock units, not an open-market trade. The award is part of director compensation and is economically tied to Genuine Parts common stock, with settlement in cash or shares according to a prior deferral election.
How is the value of the GPC phantom stock grant determined in this filing?
The filing reports 302 phantom stock units at an indicated price of $103.52 per unit. Since each unit is economically equivalent to one Genuine Parts common share, the notional grant value tracks the company’s stock price performance rather than representing an immediate cash payment.