Genuine Parts CFO shares withheld for taxes
Genuine Parts Company EVP Finance and CFO Herbert Nappier reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
Genuine Parts Company EVP Finance and CFO Herbert Nappier reported a routine tax-related share disposition. On the reported date, 887 shares of Common Stock were withheld at $103.52 per share to satisfy tax obligations, rather than sold in the open market.
After this tax-withholding disposition, Nappier directly held 56,368 shares of Genuine Parts Common Stock. A footnote explains that the ending balance includes an additional 126 shares credited from dividend accrual, slightly increasing his reported ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 887 | $103.52 | $92K |
Footnotes (1)
- F1. The Reporting Person's ending balance has been increased by 126 shares to account for shares from dividend accrual.
Key Figures
Key Terms
tax-withholding disposition financial
Common Stock financial
dividend accrual financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Genuine Parts (GPC) report for Herbert Nappier?
What are Herbert Nappier’s Genuine Parts (GPC) holdings after this filing?
What does the dividend accrual footnote mean in the Genuine Parts (GPC) filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.