GPC director Donna Westbrook receives 225 phantom units; ownership 9,696
Rhea-AI Filing Summary
Donna Westbrook, a director of Genuine Parts Company (GPC), reported receipt of 225 units of phantom stock on 10/06/2025. Each phantom share is economically equivalent to one share of common stock and becomes payable in cash or common stock under her prior deferral election. The reported grant was valued at $138.55 per share and increases her total beneficial ownership to 9,696 shares (which includes 69 phantom shares from a recent dividend reinvestment). The filing was signed by an attorney-in-fact on 10/07/2025. No exercise, sale, or cash payment is reported; this is a deferred-equivalent grant rather than an open-market transaction.
Positive
- Reported award increases ownership by 225 phantom shares to 9,696 total
- Clear disclosure of the award value at $138.55 per share and deferral mechanics
Negative
- None.
Insights
Director received deferred-equivalent award that modestly raises ownership.
The transaction reports 225 units of phantom stock, which are economic equivalents to common shares and will be paid in cash or stock per the reporting person's deferral election. Because these are deferred/phantom units, they do not reflect an open-market purchase or sale but rather a compensation-related award tied to prior elections.
This change raises beneficial ownership to 9,696 shares; investors should note this is a routine compensation/deferral item reported under Section 16. There are no disclosed vesting/expiration dates or additional cash transfers in the filing; monitor future Form 4s for payment method or disposition within typical executive compensation timelines (months to years).
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 225 | $138.55 | $31K |
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 69 shares of phantom stock acquired through most recent Dividend Reinvestment Plan purchase.