[Form 4] GENUINE PARTS CO Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Genuine Parts Company director Matt Carey received a grant of 1,810 restricted stock units (RSUs). The award is classified as a grant or other acquisition and increases his derivative holdings to 1,810 RSUs, each tied to one share of Genuine Parts common stock.
Each RSU represents a vested right to receive one share of common stock at a future date. The RSUs vest upon grant but convert into shares on the fifth anniversary of the grant date, or earlier if there is a change in control of Genuine Parts or if Carey’s board service ends due to death, disability, or retirement.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Carey Matt
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,810 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,810 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a vested right to receive one share of GPC common stock at a future date. The restricted stock units are vested upon grant and convert to shares of GPC common stock on the fifth anniversary of the grant date, or earlier upon a change in control of GPC or the grantee's termination as a director of GPC by reason of death, disability or retirement. The RSU's represent the annual RSU grant made to non- employee directors on May 1, 2026.
Key Figures
RSUs granted: 1,810 units
RSUs held after grant: 1,810 units
Exercise/conversion price: $0.00 per share
3 metrics
RSUs granted
1,810 units
Annual RSU grant to non-employee director on May 1, 2026
RSUs held after grant
1,810 units
Total restricted stock units following transaction
Exercise/conversion price
$0.00 per share
RSUs convert into common stock without cash exercise
Key Terms
Restricted Stock Units, change in control, non- employee directors, vested upon grant
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a vested right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
change in control regulatory
"convert to shares ... earlier upon a change in control of GPC"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
non- employee directors financial
"represent the annual RSU grant made to non- employee directors"
vested upon grant financial
"The restricted stock units are vested upon grant and convert"
FAQ
What insider transaction did GPC director Matt Carey report on this Form 4?
Matt Carey reported receiving a grant of 1,810 restricted stock units (RSUs) tied to Genuine Parts Company common stock. This is a compensation-related award, not an open-market stock purchase or sale, and represents his annual RSU grant as a non-employee director.
How many Genuine Parts (GPC) RSUs does Matt Carey hold after this transaction?
Following the reported transaction, Matt Carey holds 1,810 restricted stock units. These RSUs each correspond to one share of Genuine Parts common stock and reflect his entire derivative position shown in this filing after the annual non-employee director grant.
Are Matt Carey’s GPC restricted stock units vested immediately?
Yes. The filing states that each restricted stock unit is vested upon grant. Although vesting occurs immediately, the RSUs convert into Genuine Parts common stock at a later date, generally the fifth anniversary of the grant unless certain earlier triggering events occur.
What does the annual RSU grant mean for Genuine Parts (GPC) non-employee directors?
The filing notes that the reported RSUs represent the annual RSU grant made to non-employee directors on May 1, 2026. This indicates a structured equity compensation program where outside directors receive restricted stock units instead of, or in addition to, cash compensation.