Genuine Parts director receives 1,810 RSUs
Genuine Parts Company director Court D. Carruthers received a grant of 1,810 restricted stock units (RSUs) on May 1, 2026.
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Form Type
4
Rhea-AI Filing Summary
Genuine Parts Company director Court D. Carruthers received a grant of 1,810 restricted stock units (RSUs) on May 1, 2026. Each RSU is vested upon grant and represents a right to receive one share of GPC common stock at a future date.
The RSUs convert into 1,810 shares of common stock on the fifth anniversary of the grant date, or earlier if there is a change in control of Genuine Parts or if the director’s service ends due to death, disability, or retirement. Following this grant, the director holds 1,810 RSUs directly.
Insider Trade Summary
Grant/Award: 1,810 shares
Grant/Award
1 txn
Insider
CARRUTHERS COURT D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,810 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,810 contracts (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a vested right to receive one share of GPC common stock at a future date.
- F2. 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.
- F3. The RSUs represent the annual RSU grant made to non-employee directors on May 1, 2026.
Key Figures
RSUs granted: 1,810 units
Underlying common shares: 1,810 shares
Grant price: $0.00 per unit
+1 more
4 metrics
RSUs granted
1,810 units
Annual RSU grant to non-employee director on May 1, 2026
Underlying common shares
1,810 shares
Each RSU represents one share of GPC common stock
Grant price
$0.00 per unit
Compensation grant; no cash paid by the director
Conversion timing
5th anniversary of grant
RSUs convert to common stock on fifth anniversary or earlier upon specified events
Key Terms
Restricted Stock Units, change in control, non-employee directors
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents a vested right to receive one share of GPC common stock at a future date."
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 financial
"convert to shares of GPC common stock on the fifth anniversary of the grant date, or 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
"The RSUs represent the annual RSU grant made to non-employee directors on May 1, 2026."
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GPC report for director Court D. Carruthers?
Genuine Parts Company reported that director Court D. Carruthers received 1,810 restricted stock units as an annual grant. These RSUs are vested upon grant and will convert into shares of GPC common stock at a future date, providing stock-based compensation tied to company performance.
How many restricted stock units were granted in the latest GPC Form 4?
The Form 4 for Genuine Parts Company shows a grant of 1,810 restricted stock units to director Court D. Carruthers. Each unit represents a vested right to receive one share of GPC common stock, aligning director compensation with shareholder interests over time.
Are the GPC restricted stock units granted to the director vested immediately?
Yes, the restricted stock units granted to director Court D. Carruthers are vested upon grant. Although fully vested, they will not convert into GPC common stock until the fifth anniversary of the grant or earlier if specific events such as change in control or qualifying termination occur.
What type of compensation does the GPC Form 4 indicate for non-employee directors?
The Form 4 indicates that non-employee directors of Genuine Parts Company receive an annual restricted stock unit grant. For May 1, 2026, Court D. Carruthers received 1,810 RSUs, providing stock-based compensation that delivers common shares at a later date under defined conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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