[Form 4] GENUINE PARTS CO Insider Trading Activity
Rhea-AI Filing Summary
Genuine Parts Co. director Carruthers Court D was granted 444 restricted stock units (RSUs) on 09/11/2025. Each RSU represents the right to receive one share of GPC common stock at a future date. The RSUs vest immediately upon grant and convert into shares on the fifth anniversary of the grant date, unless conversion occurs earlier due to a change in control or the grantee's death, disability or retirement. The grant is an additional award to a prorated initial grant made when the grantee joined the board on 09/04/2025. The Form 4 was signed by an attorney-in-fact on 09/15/2025.
Positive
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Insights
TL;DR: Small, routine director equity award; aligns director incentives without signaling material change.
The filing documents a grant of 444 RSUs to a newly appointed director that vest immediately and convert to shares after five years or on specified termination events. From a governance perspective, upfront vesting combined with long-term conversion provisions is a standard design to align the director with shareholder value while retaining a time-based retention element. The grant supplements a prorated initial award tied to the director's appointment one week earlier. There is no indication of accelerated cash payouts or other compensation beyond the RSU conversion terms disclosed.
TL;DR: Disclosure is routine Form 4 reporting of equity compensation; impact on equity base appears immaterial.
The Form 4 reports a non-derivative grant of 444 RSUs converting to 444 shares; price noted as $0 consistent with restricted awards. The reporting follows Section 16 timing requirements and includes standard change-in-control and termination provisions that accelerate conversion. There are no derivative instruments, cash proceeds, or dispositions reported. Given the share count disclosed, this award is unlikely to meaningfully affect outstanding share count or investor valuation.